Adam Breslin is a Partner at Toronto-based, Penfund, Canada’s oldest independent private equity firm. Penfund provides junior capital to mid-market companies throughout North America, including through mezzanine debt, preferred equity, common equity and convertible securities. It can acquire companies through a buyout or provide capital to finance strategic acquisitions, organic growth, shareholder liquidity and recapitalizations. Its investments range from $10 to $90 million per transaction the current focus is on the following industries: non-hazardous solid waste, post-secondary education, restaurants, industrial distribution, food processing, and transportation and logistics. Penfund’s investee companies typically generate annual EBITDA of at least $5 million and annual revenue of at least $40 million. It seeks companies that have clearly defined, focused business strategies; competent, in-place management teams; and entrenched market positions; are operating in stable markets and generating superior returns on capital; and have high and stable free cash flow.
Adam has 20 years of experience as a strategy consultant, investor and entrepreneur. He began his career as a consultant with the Boston Consulting Group, where he provided strategic and operational consulting to Fortune 1000 companies. He later joined Sanford C. Bernstein & Co., where he was an equity analyst covering the media and publishing sectors. He then served as CEO of Excentia, a venture-capital backed e-learning and corporate training company that he co-founded. Immediately prior to joining Penfund, Adam was an investment professional at Imperial Capital, a mid-market oriented private equity fund.
Adam has a B.A. from McGill University and an M.B.A. from the University of Pennsylvania – The Wharton School.