We are proven builders, seeking to acquire and grow great Canadian businesses over the long-term
We are the private investment company of the Ruparell family. Our perspectives are formed by our shared experiences as entrepreneurs, operators, and investors.
Our capital comes from our partners, not institutional investors, allowing us to be patient investors unbound by short-term return expectations or liquidity requirements. Our partners have founded, operated, and scaled companies across a variety of industries. We seek opportunities where we can leverage our experience as entrepreneurs and operators to foster sustainable, profitable growth as long-term partners.
We focus on Canada's lower-middle market, where we make control-oriented investments in promising businesses, aiming to add value and foster growth.
Why choose us?
We are seasoned entrepreneurs and operators
Our partners founded one of the fastest growing companies in Canada, which was eventually acquired by a public company. Beyond this, we've successfully launched and scaled diverse ventures. The Ruparell family, with decades of experience, has operated a substantial portfolio across the automotive, hospitality, and real estate sectors nationwide.
Our journey has equipped us with firsthand insights into the ups and downs of business growth and resilience in varying market conditions. Our experience spans numerous industries and business models, where we've consistently harnessed technology and operational innovation to drive sustained growth and efficiency. We're committed to applying this wealth of experience actively, partnering to foster profitable expansion.
As a family-run entity, we hold a deep understanding of the nuances and values that drive family businesses, offering a unique perspective that aligns with our commitment to partnership and growth.
We are investing our own capital
Our capital comes from our partners, not external institutional investors. This enables us to have a patient investment approach, free from the pressures of immediate returns or short-term financial objectives. In contrast to a private equity buyer, we aim to build lasting relationships and hold investments over the long term.
Partnering with us eliminates the risk of a transaction not closing because financial backing fell through. With our secure funding, we ensure transactional stability and a seamless path to collaboration and growth.
Where do we focus?
We have a track record of leveraging technology and operational innovation to drive success in various industries, and we believe that there is immense potential in integrating modern technologies to empower traditional businesses to thrive in the digital age. We’re currently focused on the following opportunities:
Canada-wide; preference for Ontario headquarters
Majority, control investments
Businesses consistently generating between $2-10 million of annual cash flow
Growing industries; sectors of focus include Building Products (light manufacturing and distribution), Business Services, Consumer Services, Healthcare Services, Education and Training, Value Added Distribution
We do not invest in pure commodity, heavy manufacturing, or real estate businesses
Tourmalet Partners is named after the Tourmalet Pass, a renowned and arduous climb in the Tour de France. We draw inspiration from the resilience and determination displayed by cyclists like Greg LeMond, who famously conquered it on his way to victory in the 1989 Tour de France, stating, "it never gets easier, you just get faster."