Predict your next investment

Private Equity
pfm.ca

See what CB Insights has to offer

Investments

15

Portfolio Exits

3

Funds

10

About PFM Capital

PFM Capital is a private equity investment firm in Saskatchewan that focuses on growth capital, management buyout and expansion financing transactions.

PFM Capital Headquarter Location

1925 Victoria Avenue

Regina, Saskatchewan, S4P 0R3,

Canada

306-791-4855

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest PFM Capital News

PFM Capital and Roynat Equity Partners invest in Surface Hair

Feb 15, 2022

PFM Capital and Roynat Equity Partners invest in Surface Hair CPE News (2.14.2022) – PFM Capital Inc. and Roynat Equity Partners have acquired undisclosed stakes in GHC Systems Inc. (Surface Hair). PFM made the investment through Apex III Investment Fund Limited Partnership and labour sponsored retail fund SaskWorks Venture Fund Inc. Financial terms of the transaction were not disclosed. EY Corporate Finance Inc. served as exclusive financial advisor to Surface Hair in the transaction. Founded by Wayne Grund in 2008, Surface Hair develops and sells a complete portfolio of high-performance hair care products for salons and stylists. Surface Hair carries over 200 products, comprised of shampoo and conditioner, styling products, oil treatment and colouring products. New funding will allow Surface Hair to continue to grow brand awareness, and actively pursue growth opportunities. photo credit: Surface Hair News Release PFM Capital Inc. and Roynat Equity Partners Invest In Saskatchewan Beauty Brand Surface Hair Health Art REGINA, SK, Feb. 14, 2022 /CNW/ – GHC Systems Inc. (“Surface Hair”) is pleased to announce that it has partnered with PFM Capital Inc. (“PFM”), on behalf of the Apex III Investment Fund Limited Partnership (“APEX III”) and SaskWorks Venture Fund Inc. (“SaskWorks”), alongside Roynat Equity Partners (“Roynat”), to support the execution of growth opportunities and continued expansion. Founded in 2008, Surface Hair develops and sells a complete portfolio of high-performance hair care products for salons and stylists. Surface Hair carries over 200 products, comprised of shampoo and conditioner, styling products, oil treatment and colouring products. This new partnership will allow Surface Hair to continue to grow brand awareness, and actively pursue growth opportunities. “We are excited to partner with PFM and Roynat in the growth of Surface! Our partnership provides for the highest level of continued product innovation and support for salons.” said Wayne Grund, Founder & CEO of Surface. “PFM is proud to partner with Wayne Grund and the Surface team as they continue to execute on their growth strategy,” said Jardin Schnurr, Director of Investments at PFM Capital Inc. “PFM, Roynat, and Surface share similar values and a continued focus on delivering product innovation and support to salons and customers.” “We are thrilled to be partnering with the Surface Hair team as we support the ongoing growth of this tremendous brand,” said Matt Flynn, Managing Director at Roynat Equity Partners. EY Corporate Finance Inc. served as exclusive financial advisor to Surface Hair in the transaction. About Surface Hair Surface was established in 2008 and is headquartered in Saskatchewan, Canada. Inspired by salon owner and international hair stylist Wayne Grund. Surface was founded on the principle of respecting personal health and the Earth. Surface Hair offers a culture of education, guest service and technical expertise. Surface is committed to giving back to the environment, providing natural, organic ingredients for their products and packaging as well as giving back to the community. The Surface culture is committed to growth while encouraging personal health, respecting the Earth, and helping others. For more information, please visit www.surfacehair.com About PFM Capital Inc. PFM Capital Inc. is Saskatchewan’s largest private equity investment firm with over $750 million in assets under management across several funds. Based in Regina, Saskatchewan, PFM’s niche focus allows investors to benefit from the Prairies’ economic strengths by taking advantage of the firm’s established local contact network and long-term track record. PFM is employee-owned and has been managing private equity and venture capital funds since 1993. For more information, please visit pfm.ca. About Roynat Equity Partners Roynat Equity Partners facilitates growth and creates wealth in established mid-market private companies by providing patient capital, advice and contact networks to Canadian entrepreneurs. With offices across Canada, Roynat Equity Partners is dedicated to helping mid-market companies grow and achieve their business goals. Roynat Equity Partners is a division of Roynat Capital Inc. which is a wholly owned subsidiary of Scotiabank. For more information, please visit www.roynat.com. SOURCE PFM Capital Inc.

PFM Capital Investments

15 Investments

PFM Capital has made 15 investments. Their latest investment was in Surface Hair Health Art as part of their Private Equity on February 2, 2022.

CBI Logo

PFM Capital Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/15/2022

Private Equity

Surface Hair Health Art

Yes

1

10/14/2021

Private Equity

Prairie Lithium

$6.06M

Yes

2

2/3/2021

Private Equity

SWITCH Power

$3.91M

Yes

2

1/8/2021

Private Equity

Subscribe to see more

Subscribe to see more

10

2/8/2019

Private Equity - III

Subscribe to see more

$99M

Subscribe to see more

10

Date

2/15/2022

10/14/2021

2/3/2021

1/8/2021

2/8/2019

Round

Private Equity

Private Equity

Private Equity

Private Equity

Private Equity - III

Company

Surface Hair Health Art

Prairie Lithium

SWITCH Power

Subscribe to see more

Subscribe to see more

Amount

$6.06M

$3.91M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

2

2

10

10

PFM Capital Portfolio Exits

3 Portfolio Exits

PFM Capital has 3 portfolio exits. Their latest portfolio exit was Factory Optical on October 11, 2019.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

10/11/2019

Shareholder Liquidity

Factory Optical

$99M

2

4/17/2013

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

2/2/2007

IPO

Subscribe to see more

$99M

Subscribe to see more

0

Date

10/11/2019

4/17/2013

2/2/2007

Exit

Shareholder Liquidity

Acquired

IPO

Companies

Factory Optical

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

2

10

0

PFM Capital Fund History

10 Fund Histories

PFM Capital has 10 funds, including Apex III Investment Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

12/1/2018

Apex III Investment Fund

Buyouts & Acquisitions

Open

$60.35M

2

6/19/2014

Apex II Investment Fund

Buyouts & Acquisitions

Closed

$66.53M

12/31/2013

Apex II Private Equity Fund LP

Diversified Private Equity

Open

$55M

1

5/2/2013

TopSoil Farm Land Management Fund II LP

Subscribe to see more

Subscribe to see more

10

12/31/2007

APEX Investment Fund

Subscribe to see more

Subscribe to see more

$99M

10

Closing Date

12/1/2018

6/19/2014

12/31/2013

5/2/2013

12/31/2007

Fund

Apex III Investment Fund

Apex II Investment Fund

Apex II Private Equity Fund LP

TopSoil Farm Land Management Fund II LP

APEX Investment Fund

Fund Type

Buyouts & Acquisitions

Buyouts & Acquisitions

Diversified Private Equity

Subscribe to see more

Subscribe to see more

Status

Open

Closed

Open

Subscribe to see more

Subscribe to see more

Amount

$60.35M

$66.53M

$55M

$99M

Sources

2

1

10

10

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.