Company lists · Data refreshed September 2026

Top 25 Upper middle market private equity firms based in Canada

Name: Upper middle market private equity firms based in Canada
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 21, 2026 633 companies tracked

RevenueBase identified 633 upper middle market private equity firms headquartered in Canada as of September 2026 and tracks 6,483 professional contacts across them, including 2,658 with verified work emails. Toronto is the largest hub.

This list covers upper middle market private equity firms headquartered in Canada, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 21, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 21, 2026 86% judged on-target in blind review

633Companies

6,483Contacts tracked

2,658Verified emails

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The 25 largest upper middle market private equity firms based in Canada

Ranked by team size

Top 25 of 633 upper middle market private equity firms based in Canada, ranked by team size, largest first. Data refreshed Sep 21, 2026. RevenueBase Smart Search rates how each company's information relates to upper middle market private equity firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	JV Driver Investments	Indirect evidence	Leduc, AB, CanadaHQ checked Sep 21, 2026	501-1,000	642 contacts →
	Indirect evidence “JV Driver Investments Inc.” Source: RevenueBase Database · checked Sep 21, 2026
2	Novacap	Indirect evidence	Brossard, QC, CanadaHQ checked Sep 21, 2026	51-200	355 contacts →
	Indirect evidence “Novacap est un investisseur nord-américain d’envergure et l’une des sociétés d’investissement privé les plus expérimentées au Canada.” Source: RevenueBase Database · checked Sep 21, 2026
3	Fengate Asset Management	Strong evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	201-500	331 contacts →
	Strong evidence “Fengate is a leading investment firm specializing in real assets, with a focus on infrastructure, private equity and real estate.” Source: RevenueBase Database · checked Sep 21, 2026
4	Aspire Software	Partial evidence	Montreal, QC, CanadaHQ checked Sep 21, 2026	1,001-5,000	287 contacts →
	Partial evidence “Aspire Software is a global software investment and operating company focused on acquiring, building, and scaling exceptional vertical market software businesses.” Source: RevenueBase Database · checked Sep 21, 2026
5	Sagard	Strong evidence	Montreal, QC, CanadaHQ checked Sep 21, 2026	201-500	287 contacts →
	Strong evidence “Sagard is a global multi-strategy alternative asset management firm active in venture capital, private equity, private credit, and real estate.” Source: RevenueBase Database · checked Sep 21, 2026
6	Northleaf Capital Partners	Strong evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	201-500	280 contacts →
	Strong evidence “Northleaf Capital Partners is a global private markets investment firm with more than US$31 billion in private equity, private credit and infrastructure cumulative capital…” Source: RevenueBase Database · checked Sep 21, 2026
7	Altas Partners	Strong evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	51-200	99 contacts →
	Strong evidence “Altas Partners is a North American private equity firm focused on selectively acquiring significant interests in high-quality, durable businesses with compelling growth potential.” Source: RevenueBase Database · checked Sep 21, 2026
8	Birch Hill Equity Partners	Strong evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	11-50	91 contacts →
	Strong evidence “Birch Hill is a Canadian mid-market private equity firm with a long history of driving growth in our portfolio companies and delivering returns to our investors.” Source: RevenueBase Database · checked Sep 21, 2026
9	Aquila	Partial evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	1,001-5,000	79 contacts →
	Partial evidence “Aquila eternally invests in market leaders with staying power across enterprise software, vertical SaaS and data.” Source: RevenueBase Database · checked Sep 21, 2026
10	Imperial Capital Limited	Indirect evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	51-200	75 contacts →
	Indirect evidence “Imperial Capital has been successfully building better businesses since 1989.” Source: RevenueBase Database · checked Sep 21, 2026
11	Torquest Partners	Strong evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	51-200	66 contacts →
	Strong evidence “TorQuest Partners is a Canadian-based manager of private equity funds with a proven track record in identifying and building value in a diversified portfolio of companies based…” Source: RevenueBase Database · checked Sep 21, 2026
12	Sureswift Capital	Indirect evidence	Victoria, BC, CanadaHQ checked Sep 21, 2026	51-200	64 contacts →
	Indirect evidence “SureSwift Capital acquires and manages exceptional businesses with strong fundamentals.” Source: RevenueBase Database · checked Sep 21, 2026
13	Lynx Equity Limited	Strong evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	1,001-5,000	64 contacts →
	Strong evidence “Lynx Equity is a private equity firm that owns and operates fifty companies in various industries across North America, the United Kingdom, and Denmark.” Source: RevenueBase Database · checked Sep 21, 2026
14	Claridge INC	Partial evidence	Montreal, QC, CanadaHQ checked Sep 21, 2026	11-50	62 contacts →
	Partial evidence “Claridge is a private investment firm headquartered in Montreal, Canada.” Source: RevenueBase Database · checked Sep 21, 2026
15	Invico Capital Corporation	Indirect evidence	Calgary, AB, CanadaHQ checked Sep 21, 2026	11-50	57 contacts →
	Indirect evidence “Invico Capital Corporation is an award-winning Canadian investment fund management firm providing alternative investing and financing solutions in Canada and the U.S.” Source: RevenueBase Database · checked Sep 21, 2026
16	SAF Group	Indirect evidence	Calgary, AB, CanadaHQ checked Sep 21, 2026	51-200	57 contacts →
	Indirect evidence “SAF Group (“SAF”) is a global alternative investment manager actively deploying and raising capital with a focus on generating above average risk adjusted returns through credit…” Source: RevenueBase Database · checked Sep 21, 2026
17	MNC Capital INC	Indirect evidence	Montreal, QC, CanadaHQ checked Sep 21, 2026	11-50	57 contacts →
	Indirect evidence “Established in 1979, MNC Capital is an internationally renowned mergers and acquisitions firm based in Montreal, Canada.” Source: RevenueBase Database · checked Sep 21, 2026
18	ARC Financial Corp	Indirect evidence	Calgary, AB, CanadaHQ checked Sep 21, 2026	11-50	55 contacts →
	Indirect evidence Source: RevenueBase Database · checked Sep 21, 2026
19	Clairvest Group INC	Strong evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	11-50	54 contacts →
	Strong evidence “Clairvest, a leader in the Canadian private equity industry for more than 35 years, has approximately $4.3 billion of capital under management.” Source: RevenueBase Database · checked Sep 21, 2026
20	MKB & CO	Strong evidence	Montreal, QC, CanadaHQ checked Sep 21, 2026	11-50	46 contacts →
	Strong evidence “MKB is a North American private investment firm that specializes in providing growth equity to companies driving innovation in the energy, transportation, built environment…” Source: RevenueBase Database · checked Sep 21, 2026
21	Oncap Management Partners	Partial evidence	Toronto, CanadaHQ checked Sep 21, 2026	11-50	45 contacts →
	Partial evidence “ONCAP, in partnership with operating company management teams, invests in and builds value in North American headquartered small and medium sized businesses that are market…” Source: RevenueBase Database · checked Sep 21, 2026
22	Firepower Capital	Indirect evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	11-50	44 contacts →
	Indirect evidence “FirePower Capital advises and invests in Canada’s entrepreneurs.” Source: RevenueBase Database · checked Sep 21, 2026
23	VRG Capital	Strong evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	11-50	43 contacts →
	Strong evidence “Founded in 1982, VRG Capital is a private equity firm backed by a select group of Canadian family offices.” Source: RevenueBase Database · checked Sep 21, 2026
24	Kensington Capital Partners Limited	Indirect evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	11-50	41 contacts →
	Indirect evidence “Founded in 1996, Kensington is a Canadian alternative asset manager with offices in Toronto and Vancouver.” Source: RevenueBase Database · checked Sep 21, 2026
25	Harlo Entertainment	Strong evidence	Toronto, ON, CanadaHQ checked Sep 21, 2026	11-50	40 contacts →
	Strong evidence “Harlo Entertainment is a Toronto-based private equity firm with more than $250M assets under management.” Source: RevenueBase Database · checked Sep 21, 2026

RevenueBase Smart Search

RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: upper middle market private equity firms. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.

Strong evidence: The company's own public description of its business names upper middle market private equity firms.
Partial evidence: Its own public description names part of upper middle market private equity firms, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name upper middle market private equity firms. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.

RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.

Showing 25 of 633 upper middle market private equity firms based in Canada

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Upper middle market private equity firms based in Canada at a glance

As of Sep 21, 2026

41.0%Verified-email coverage

10.2Average contacts per company

1-10Median size (employees)

43.4%Largest-city concentration · Toronto

Sep 21, 2026Page data refreshed

Companies by employee count

1-10

430

11-50

144

51-200

201-500

501-1,000

1,001-5,000

5,001-10,000

Email recency for this list is measured worldwide rather than for Canada, so it is reported there. Company counts and contact totals on this page are exact for Canada, over 633 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among upper middle market private equity firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source: The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies: Companies headquartered in Canada whose own description of what they do matches “upper middle market private equity firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search: RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names upper middle market private equity firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude: Companies whose own description does not clearly place them among upper middle market private equity firms, and records with no verified work email. Companies headquartered outside Canada are excluded even when they keep an office there.
Match quality: In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
Ranking: Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification: Every listed company carries at least one verified work email, 2,658 across the full list. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh: This page's figures were pulled from the company graph on September 21, 2026. Lists refresh periodically as the graph is re-checked.
Corrections: Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Upper middle market private equity firms by metro

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names upper middle market private equity firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many upper middle market private equity firms are there based in Canada?

RevenueBase identified 633 upper middle market private equity firms headquartered in Canada as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

JV Driver Investments, headquartered in Leduc, tops this list with the largest team on record.

Which city has the most upper middle market private equity firms?

Toronto leads with 275 headquartered companies, followed by Vancouver (85) and Calgary (58).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 2,658 verified decision-maker contacts tracked across these 633 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 21, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase Smart Search, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.