
National Bank of Canada
Description
National Bank of Canada, through its dedicated investment arm, National Bank Private Equity (NBPE), is a prominent institutional investor in the Canadian market. NBPE focuses on direct equity investments in private companies, distinguishing itself from traditional venture capital firms by primarily targeting established, medium-sized to large businesses rather than early-stage startups. Their investment strategy encompasses providing growth capital, facilitating management buyouts, and financing strategic acquisitions across various sectors, including technology, industrials, consumer goods, and healthcare. NBPE seeks out companies with proven business models, strong management teams, and significant growth potential, aiming to partner with founders and executives to accelerate value creation.
NBPE's approach is characterized by its long-term perspective and commitment to supporting the strategic objectives of its portfolio companies. They often take significant minority or majority stakes, providing not just capital but also strategic guidance and access to the broader National Bank ecosystem. With over C$2 billion in assets under management, NBPE has substantial financial capacity to execute significant transactions. Their typical investment size for a first cheque in a growth equity context generally ranges from C$5 million to C$50 million, though larger co-investments are also possible depending on the opportunity and syndication.
Since its inception, National Bank Private Equity has invested in over 100 companies, demonstrating a consistent and active presence in the Canadian private market. This extensive track record underscores their expertise in identifying and nurturing successful businesses across diverse industries. Their role extends beyond mere capital provision, often involving active participation on boards and providing operational support to help companies scale and achieve their next phase of growth. As a division of one of Canada's leading financial institutions, NBPE leverages deep market insights and a robust network to identify compelling investment opportunities and drive long-term value.
Investor Profile
National Bank of Canada has backed more than 45 startups, with 19 new investments in the last 12 months alone. The firm has led 12 rounds, about 27% of its total and boasts 42 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Debt Financing, Post Ipo Debt, Series A rounds (top funding stages).
- Majority of deals are located in Canada, United States, Côte d'Ivoire.
- Strong thematic focus on Energy, Renewable Energy, FinTech.
- Led 8 rounds in the past year.
- Typical check size: $3.6M – $36.5M.
Stage Focus
- Debt Financing (40%)
- Post Ipo Debt (31%)
- Series A (9%)
- Series Unknown (7%)
- Series B (7%)
- Pre Seed (2%)
- Corporate Round (2%)
- Private Equity (2%)
Country Focus
- Canada (73%)
- United States (22%)
- Côte d'Ivoire (2%)
- Spain (2%)
Industry Focus
- Energy
- Renewable Energy
- Fintech
- Financial Services
- Software
- Precious Metals
- Analytics
- Artificial Intelligence (Ai)
- Solar
- Health Care
Frequently Asked Questions
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