Details

Industries

Financial Services

Founded date

Jan 1, 1996

Number Of Employee

11 - 50

Operating Status

Active

Investor Type

PE

Parallel49 Equity is a private equity firm that invests in profitable, well-managed, lower middle-market companies in the United States and Canada. Parallel49 Equity is currently investing its fifth fund with C$400 million of committed capital.

Parallel49 Equity’s investment efforts are focused on three industry sectors: specialty manufacturing, business services and value-added distribution.
The name Parallel49 Equity signifies our roots and presence on both sides of the 49th Parallel, which connects the United States and Canada. It is a reference to our long history of successful investing in middle-market companies across North America. It also reflects the value proposition we have pursued since inception – leveraging our deep transaction experience and relationships throughout North America to help middle-market companies thrive and grow on both sides of the border.