Subscribe to receive, via email, tips, articles and tools for entrepreneurs and more information about our solutions and events. Focused on B2B software centric companies and with a special interest for healthcare, Walter Ventures believes in projects that benefit the socio-economic and environmental development of communities. to Mr. Phaneuf holds a degree in business administration, with a major in finance, from the Universit de Sherbrooke, along with the title of Chartered Financial Analyst (CFA). Alerce capital partners Reviews 0. Later, as part of the internal auditing and consulting team, he also had the opportunity to develop his skills in finance by participating in projects with a high business impact, particularly to boost project efficiency from a financial standpoint. Founded Date 2016. General partnership includes joint ownership with some formalities and moderate administration expenses. Anything a business owner chooses to discuss with a liaison officer is 100% confidential and will not be shared with any other areas of the CRA or anyone else. While you and your partner(s) will want to divide up any assets and address any losses, there are no legal obligations to manage beyond reporting on your tax return that you are no longer in business. Her favorite motivational quote: Be the change that you wish to see in the world. Mahatma Gandhi. During his 22 years with the cosmetics giant, he served as the General Manager of Germany, France and Eastern/Southern Europe. At the beginning of his career, he worked as a mechanical engineer at Metabo AG, in Germany. Isabelle Somers joined the Walter Group in 2016, where she now holds the position of President and Chief Operating Officer. She began as Corporate Accountant before being promoted to Director, Finance and Administration in 2020. Product. At Walter Capital Partners, our managing partners all have senior operating experience in running businesses as well as strong financial backgrounds. He was also a key player in the successful completion of multiple funding rounds that raised over $750 million. Known for his business acumen and ability to provide practical solutions to complex issues, Mr. Bouchers practice is primarily focused in the areas of securities, capital markets, public and private mergers & acquisitions and corporate law, with a concentration on private equity, pension funds and financial institutions. Ren Fournier is the President and Chief Investment Officer of Walter Financial. Figures on use of He spent the bulk of his management career at LOral. The same goes for any physical or financial injury that one partner inflicts on a person or a company if its done during the course of running the partnership. Pierre Somers is Chairman and Chief Executive Officer of the Walter Group headquartered in Montreal, Canada. If you do not wish to accept the use of cookies, you can disable them in your browsers security settings as described in this policy. American Saw is the worlds leading manufacturer of band saw blades and related products. Company About Careers . She now holds the position of Director, Financial and Corporate Projects. See also. 2023 He oversaw auditing mandates as a senior auditor for both Canadian and American public and private firms required to comply with SOX regulations. Venture capital & private equity. Walter Capital Partners' investments go beyond providing growth capital to businesses. He also holds the Chartered Professional Accountant (CPA, CA) designation. These risks underscore the importance of ensuring you choose business partners wisely. We are different to PE houses in the sense that we take over and keep your company's independence. They are part of Finance Department and their management level is C-Level. Over the course of his career, Mr. Sawyer has been actively involved in various organizations in the food industry. Over his 9 years on the World Cup circuit, he won multiple World championship honors. Pascal Duquette was President and CEO of Natcan Investment Management Subsidiary of National Bank for 8 years before becoming President of the HEC Foundation in 2012. After two years, she was promoted to the position of Assistant to Chairman & CEO Pierre Somers and his family. Mr. Brosseau is a current member of the board of directors for several organizations, including Equisoft Inc., LionGuard Capital Management, Quadra Capital Partners, Kilgour Williams Capital, Validus Risk Management, Auspice Capital Advisors, Bonnefield Financial, LFIS Capital and Innocap Investment Management. Mr. Beaudoin holds an MBA from Columbia University in New York and a BBA from the HEC in Montreal. Alerce Capital Partners's revenue is <$5 Million How many employees are working in Alerce Capital Partners? Before joining the Walter Group, Mr. Fournier was responsible for the Canadian equities and corporate bonds team at a large Canadian pension fund. At Alerce we continue to expand our horizons together with our customers. He also held the position of Senior Director, Strategy & Business Development at Cirque du Soleil Entertainment Group, where he led a variety of strategic, growth and operational optimization initiatives. We work hard as operators and think in future generations. You can learn more about cookies, or learn how to change your settings in our Cookie Policy. With their background managing companies in a variety of sectors and supporting entrepreneurs in optimizing the operations of their companies, our Managing Partners truly understand the challenges and concerns of todays business leaders. He regularly participates in mentorship opportunities and is a frequent contributor to industry publications. We are entrepreneurs in essence,have built businesses from scratch and made them grow,we understand and respect entrepreneurship at every level. Playing an important role in a niche B2B sector. Charles Darwin first named it Fitzroya Cupressoides andis the largest tree species in South America. For us, this means having the patience to build a solid foundation and giving ourselves the time to make good decisions that will create value in the long term, without the obligation to exit our investments within a set timeframe. Mr. Sawyer has been involved with a number of charitable organizations over the years, including the Accueil Bonneau (board of directors), Moisson Montral and the Maison du Pre (Chairman of the main fundraising activity). You can withdraw your consent at any time. He belongs to the CEO global network of chief executives (formerly YPO) and volunteers his time with SOS Amitis, a hotline for people living with depression. He also innovated with the creation of the Bio-Circle division, which offers environmentally safe solutions for industrial cleaning applications through bioremediation. Detailed Profile of ALERCE INVESTMENT MANAGEMENT, L.P. portfolio of holdings. Smaller decisions may be made individually as long as others are informed. Website. In his role as Managing Partner, he is responsible for originating, structuring, investing and managing portfolio companies. If it isnt officially incorporated, it will operate with the same tax and legal obligations as a sole proprietorship, with the partners reporting profit and losses on their own individual tax forms. Recent News & Activity. Compare Alerce to its competitors by revenue, employee growth and other metrics at Craft. She launched her career working in audit at Andersen and Deloitte. Mr. Karol received his B.S. Search. Prior to these leadership roles, he helped guide entrepreneurs through critical transactions for PwC Corporate Finance. For the Walter Group, Mr. Somers has drawn from 15 years of culinary experience to launch a new line of business: Walter Hospitality. Read more. He graduated with a Bachelor of Science (Magna Cum Laude) from the University of Vermont and a Master of Science from McGill University. She is a member of the board of Bloom Diagnostics A.G. (self-diagnostic platform), Flat World Partners (impact investment advisory firm) and of the Walter Group. His professional experience includes significant career achievements in financial and operational executive management positions, mainly with North American publicly traded companies active in international markets, including Cascades, MediaGrif and Mega Brands. As a Senior Associate, he draws on his international experience to contribute to the supervision of the portfolio companies and transaction processes. Mr. Davis graduated from Nichols College in Dudley, Massachusetts in 1980 with a BS Business Administration (Marketing) degree. Backed by family values, we are striving to be recognized as the most respected investment firm in all our markets. He successfully completed the Canadian Institute for Chartered Accountants exam in 1989 to obtain his CA designation. Alerce is the Spanish word for two unrelated trees Larix (larch) and Fitzroya, albeit the name was first applied to the larch. A motivated team open for new energy and ideas. Just as importantly, our capital is patient. In 2005, he was promoted to Senior Vice-President of the Quebec division. Before joining Walter Capital Partners, he expertly led the turnaround of a packaging company based in Ontario. Alerce capital partners - Trustburn company profile. Just like sole proprietorships, general partnerships are able to secure business loans and lines of credit if they can show proof that the business is registered with their provincial or federal government. Get emails and phone number of Alerce Capital Partners employees. Your experience will help others make the right buying decision. Ms. Somers is an art enthusiast and passionate about culture, food, health and wellness, and is devoted to promoting environmental and agricultural sustainability initiatives. Mr. Beaudoin is a career banker who was President and Chief Executive Officer of the Business Development Bank of Canada where he worked from 1990 to 1999. Across two continents, Mr. Somers rose through the ranks in many celebrated establishments. When you take the time to do the research, youll know whats best for your company. Our teams comprise portfolio managers with hands-on experience enabling them to look beyond technical market analyses and meaningfully contribute to the success of the companies in our portfolio. You may also need to file forms associated with GST/HST or payroll to close or de-register those accounts.. Owner looking to retire or pursue other projects. Innovation is the hallmark of our products and methods. Revenues, expenses and cash flow management are all tracked internally with additional outside support from other professional accountants. If you do not wish to accept the use of cookies, you can disable them in your browsers security settings as described in this policy. Phone Number +56 2 2941 2681. He was subsequently named President and CEO of Reemtsma, which was acquired by Imperial Tobacco in 2002, and Facom Tools, purchased by Stanley Works in 2006. We analyse the target, perform our own preliminary diligence and build the relationship with the owner of the business that we will run. Oct 2019 - Present3 years 7 months. Mr. Somers holds a diploma of vocational studies in culinary arts from the Institut de tourisme et dhtellerie du Qubec (ITHQ). Tern Capital | 170 followers on LinkedIn. He is also an operating partner of Duke Street Private Equity. For the past six years, Mr. Doyon has been managing partner of Entrepreneur Capital, a private equity firm that he co-founded in 2013, which specializes in the buyout of controlling equity positions in medium-sized businesses. Montreal, Canada Area. He has over 35 years of experience leading the turnaround, strategy development and acquisition activity for portfolio and client companies. At the beginning of his career, he worked as a mechanical engineer at Metabo AG, in Germany. And if you hire employees, youll need a payroll account, as well. Julien Archambault joined the Walter Capital team in 2020. W alter Capital Partners leverages its capital and expertise to help build companies that will become the leaders of tomorrow. Earlier, he worked at EDC as a director of structured project finance and as a project manager at J.D. She has also holds the CPA designation. Mr. Dcary began his career at Ernst & Young in the audit department before joining the restructuring team. She has worked for Ardene, Groupe Dynamite and Lacoste Canada Inc., where she was heavily involved in all aspects of the accounting cycles. The team fosters long-term growth and sustainable value creation by providing its companies with timely support from vetted business leaders and seasoned investors backed by patient capital that affords companies the time to reach their full potential. The primary concern is that the decisions one partner makes on behalf of the business is binding for the other partner or partners. He has been honorary president for numerous fundraising campaigns held by organizations such as Madeli-Aide and the ITHQ (Institut de tourisme et dhtellerie du Qubec), from which he has received an honoris causa degree. Walter Surface Technologies now operates in nine countries across the Americas and Europe. He a recipient of the Prix Relve dexcellence - Grande entreprise HEC award for the under 35. He perfected his culinary art at, most notably, the restaurants Lemac and Maison Boulud in Montral and at Alain Ducasse au Plaza Athne in Paris and LOustau de Baumanire in Provence two Michelin star-rated restaurants in France. Moving on to Metro, he played various key roles within the company over the course of his 34-year tenure, in Quebec as well as in Ontario. The members of our Managing Partner team have experience as entrepreneurs, on top of their solid financial and investment expertise. Mr. Dcary holds a bachelors degree and a graduate diploma in accounting from HEC Montral, a certificate in European business from Sciences Po Paris and an MBA from McGill University. Alerce Capital Partners Venture Capital and Private Equity Principals NuevoMundo Capital Advisors Financial Services Savanas Investment Management Goinia, Gois . Mr. Fournier received an MBA from McGill University. He is also a member of the Board of Walter Global Asset Management and Walter Capital Partners in addition to being the Head of its Investment Committee. Portfolio. In addition to this role, she is currently overseeing the development of the Groups early stage investment platform focused on tech enabled Health and B2B Solutions companies, as Managing Director of Walter Ventures. Mr. Phaneuf has taken on various roles, including the development and execution of the business and operational plans of a $200-million U.S. business. Limited partners can provide capital to general partners to invest in inventory and secure lease agreements. For over 30 years, Pierre Somers helmed the Walter Groups founding company, Walter Surface Technologies, which was founded by his father in 1952 and owned by the Group until 2018. Replace with a short description of your organization. The Walter Group is mainly active in the financial sector, especially through the operations of Walter Financial, a prominent investment firm and keystone of the Group. Inc., Intelligent Energy Limited and Inter-Tel Corp (NASDAQ:INTL). We are a hands-on technology investor. In 2006 we created a company, ASPA, to offer our range of solutions in SaaS, Software as a Service. Mr. Vitale studied in Montreal where he completed a Finance and Accounting Bachelors Diploma from Concordia University and subsequently completed the intensive Chartered Accountancy Program at McGill University. The platform provides the best boutique asset management firms with capital and expertise. He is actively involved with multiple non-profit organisations such as the Telus Community Board in Action, Special Olympics Quebec, Childrens Healthcare Canada, MAB-Mackay and the Princess Charlene of Monaco Foundation, in addition to being a member of the Board of the Fondation de lathlte dexcellence du Qubec. Steven Karol is currently a member of World Presidents Organization (WPO) and has served as a member of the global leadership team for the Young Presidents Organization (YPO). Later that same year, he became Senior Vice-President for the Ontario division, which he was mandated to turn around, a mission he accomplished in less than two years. Alerce Capital Partners venture capital & private equity. She is a member of the board of Bloom Diagnostics A.G. (self-diagnostic platform), Flat World Partners (impact investment advisory firm) and of the Walter Group. Our goal: Ensure companies achieve lasting success. Details. He later became Managing Partner of PWC Canadas Transactions and Private Equity Advisory Services, which included M&A; corporate and project finance; restructuring and distressed strategy; valuations; and litigation advisory services. Director, Financial and Corporate Projects. Operating Status Active. Read reviews of Alerce capital partners. He also completed the restaurateur program at the cole suprieure de cuisine franaise Grgoire-Ferrandi in Paris. Alerce Capital Partners Venture Capital and Private Equity Principals Show more similar pages Show fewer similar pages Browse jobs Senior Engineer jobs 5,896 open jobs Staff Software Engineer jobs . Alerce Capital Partners has <25 employees What is Alerce Capital Partners's tech stack? Russel Goodman currently serves as a corporate director of public, private and not-for-profit companies. M. Lucas holds an M.Sc. He also takes part in year end audits and helps prepare annual budgets for all investment units, in addition to contributing to special financial and administrative projects. The owners of a general partnership can be individuals or corporationsor both. Alerce capital partners overview exploration. Discover more funding rounds . He is also very active in his community either as member, trustee, committee member or chair of many civic, social and charitable organizations. The most common reasons to form a general partnership include: You may choose to register your general partnership provincially or federally. He is fluent in English, French and German. Free to get started, easy to add your whole sales team, commit to monthly or annual plans. Alexandre Somers has helped develop new restaurant projects, including real estate transactions, since 2016. Before joining the Walter Group, Ms. Hunt worked in the pharmaceutical industry for over 15 years, in the role of administrative assistant at McKesson Canada and Bristol-Myers Squibb, ultimately occupying the role of Senior Operations Manager, Bristol-Myers Squibb Consumer Products Group. She studied Visual Arts, followed by a Bachelor of Commerce majoring in Finance at Concordia University, in Montreal. He held senior management and leading client responsibilities at Canadian, North American and Global levels. Pascal Duquette holds a Masters degree in Science, Economics and Finance and a BAA from HEC in Montreal. offering With no formal documents required, general partnerships are simple and inexpensive to create. For example, one partner shouldnt claim 75% of the income one year and 25% the next, she says. at Tufts University, and he is a graduate of the Presidents Program on Leadership (PPL) at Harvard Business School. He has an extensive background in financial planning, mergers and acquisitions, due diligence, business integration, business process improvement and contract negotiations. Under his leadership, the company grew its assets under management from $5 billion to $120 billion and its market capitalization from $20 million to over $1 billion. Working with a number of charitable organizations, the Foundation primarily supports promising initiatives that can generate tangible value for society. Industrial, Clean and Energy Technology (ICE) Venture Fund, Venture Capital Catalyst Initiative (VCCI), Kauffman Fellows Program Partial Scholarship, Growth & Transition Capital financing solutions, two or more people/corporations want to work together to earn and split a profit, its easy to set upa verbal agreement is all thats required, legally (although its recommended that the partners create a written agreement that sets out the rules for dividing profits and entering or exiting the partnership), it makes it easier for two or more entrepreneurs to raise capital, its less expensive to form and run than a limited liability partnership, which has certification costs and more complex tax requirements, the tax responsibilities are simpler than a corporationsprofits and losses are passed through to the owners, who report them on their individual tax returns, its just as easy to dissolve a general partnership as it is to establish one, keep their personal assets separate from their business liabilities, grow a larger business that they may sell someday, take advantage of lower corporate tax rates, raise a large amount of capital from investors who only invest in corporations, borrow money for the business from financial institutions at lower interest rates, keep money in the business to defer paying personal income tax. Launched in late 2015, Walter Capital Partners is a private equity firm that embodies the entrepreneurial spirit and strategic vision of the Somers family, founders of the Walter Group. The ambitions of the entrepreneurs we work with are complimented by the new horizons that open up when their team joins forces with Walter Capital Partners. We are different to PE houses in the sense that we take over and keep your companys independence. Our products are offered according to various business concepts, causing costs per License and IT Munir is currently based in Rio de . Most general partnerships choose to incorporate if they want to: Like sole proprietorships, general partnerships dont offer liability from losses. Generally if youre earning more than $30,000 per year, youll also need to register for a GST/HST account. In addition, he is a co-founder and President of the Herbert M. Karol Cancer Foundation. ARCO has a history of executing across a variety of financial disciplines including investment banking, equity research and buy-side funding. More recently, Pierre Somers initiated the creation of Walter Capital Partners, a private equity firm dedicated to supporting small- and medium-sized companies, as well as Walter Global Asset Management, a North American private equity platform focused on asset management. Download our free business plan template to help you define who you are, describe your business and document how you plan on achieving profitability. technological partners of companies in 11 countries, both in Latin America and in Europe, representing 70% of Before taking the lead at Walter Group, Mr. Somers held various positions within Walter Surface Technologies in Canada and the U.S., where he garnered in-depth knowledge of various sectors of the company, on his way to becoming Chairman & CEO. Furthermore, Mr. Fournier is a member of the board of directors of Mayrand and Alimplus, both private companies in the food sector. Mr. Doyon holds a bachelors degree in finance from HEC Montral, and has served on many boards of directors throughout his career and continues to do so to assist companies in realizing their objectives. Sabrina Cannucci joined the Walter Group in 2021 as Corporate Controller. Mr. Boucher has acted as counsel to issuers and underwriters in various public offerings (including initial public offerings) and private placements of publicly listed issuers. Ultimately, our mission is to build long-term prosperity while having a positive impact on society. He was Managing Partner for the Americas Project Finance & Privatization team; and Global Head of Advisory Services to the Transport Sector, and Managing Partner for PWC Montreal Office. He also completed various internships in Research and Strategy at Caisse de Dpt et Placement du Qubec. Pascal Duquette was President and CEO of Natcan Investment Management Subsidiary of National Bank for 8 years before becoming President of the HEC Foundation in 2012. Until his retirement in 2011, Russell Goodman was a partner at PricewaterhouseCoopers LLP. our Similar Companies 18. Mr. Doyon began his career at Caisse de dpt et placement du Qubecs private equity group, first as an analyst and then as a portfolio manager, where he structured and closed many private equity investments with medium-sized businesses. He has also been honoured with numerous distinctions, including the Canadian Produce Marketing Associations 2007 Lifetime Achievement Award, and the Quebec Produce Marketing Associations Pillar of the Industry award in 2010. Before starting his professional career in accounting and finance, Mr. Bilodeau competed in freestyle skiing at the international level. Pierre Somers holds a B.Sc. Trustburn Alerce Capital Partners Venture Capital and Private Equity Principals Nalim Capital Venture Capital and Private Equity Principals Versailles Group, Ltd. Financial Services Boston, MA. For over 30 years, Pierre Somers helmed the Walter Groups founding company, Walter Surface Technologies, which was founded by his father in 1952 and owned by the Group until 2018. Alerce Capital Partners's official website is www.alerce.co.uk What is Alerce Capital Partners's Revenue? The limited partners contribute capital but cannot be involved in the companys management. In 2005, he was appointed Alumni of the YPO/MBA program at the Harvard Business School, an institution he has been active with for over 20 years. It is one of the three most common ways to structure a company, the other two being sole proprietorship and incorporation. Walter Ventures is an early-stage investment platform. Allele's Principals comprehensive experience in private-to-public and public venture process for small and micro-cap life sciences companies has resulted in significant shareholder equity and. From 2011 to 2014, Ms. Somers started in the Group Strategy at Bombardier Transportation in Berlin, Germany, where she developed PRIMOVE pure electric bus business models and market entry strategies. Ms. Biron-Esbrard holds a Diploma of Vocational Studies (DEP) from the cole des mtiers de linformatique, du commerce et de ladministration (EMICA) and is currently working toward a Bachelor of Business Administration, Accounting from HEC Montral. We don't own a portfolio of companies. This process will also help you determine whether you should incorporate your general partnership to take advantage of lower tax rates and other benefitsor keep things simple by operating as a sole proprietor. LTD. He graduated with a Bachelor of Science (Magna Cum Laude) from the University of Vermont and a Master of Science from McGill University.

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