Investor Information
- TerraVest is an unincorporated open-ended investment trust governed by the laws of the Province of Alberta
- Its units trade on the Toronto Stock Exchange under the symbol TI.UN
- Its mission is to invest in a diversified group of income-producing businesses primarily located in Canada
- In diversifying its investments, the Fund’s management believes that it can create a stable cash flow
The Fund currently has five businesses:
- RJV, one of the largest providers of wellhead processing equipment for the Canadian natural gas industry.
- Don Park, one of Canada's leading manufacturers and suppliers of heating and ventilation equipment.
- Diamond, a market leader in providing well servicing to the oil and natural gas sector in south-western Saskatchewan, with a growing presence in Alberta.
- Beco, the largest Canadian designer, manufacturer and importer of home textile products.
- Ezee-On, a manufacturer of heavy duty equipment for large acreage grain farms and livestock operations.
New investments in the Fund generally must meet six criteria:
- Annual revenues of between $20 million and $100 million
- Demonstrated ability to generate cash flow
- Durable competitive advantage in an attractive industry
- Ongoing participation of key senior personnel of acquired businesses
- Opportunities for growth under existing practices
- Immediate and longer term growth to distributable cash per unit
For vendors, TerraVest:
- Pays for its investments from its own sources
- Provides attractive valuations
- Allows flexible exit strategies for owners
- Grants operational autonomy to senior management
- Offers flexible and appropriate tax advantaged approaches using:
- Management buyouts
- Recapitalizations
- Institutional investor exits
- Corporate divestitures
