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Difference Capital operates as a specialty finance firm and merchant bank, providing debt and equity growth capital. The firm strategically invests in late-stage private companies across the technology, media, and healthcare sectors. It offers advisory services alongside its capital injections, aiming to support portfolio companies through critical expansion phases and foster sustainable business growth.
Michael Wekerle, a notable Canadian financier, is closely associated with the firm's founding in 2012, serving as a significant shareholder. Henry Kneis and Jamie Brown were also key investors involved in the enterprise. The firm was established with the insight to address the unique capital needs of developing businesses within its target sectors, leveraging financial expertise to identify and cultivate high-potential ventures.
The company targets growth-oriented businesses seeking capital for expansion and strategic initiatives. Its long-term vision focuses on creating substantial shareholder value by identifying promising enterprises and assisting them in scaling their operations. Difference Capital positions itself as a partner in the development of innovative companies, contributing to their market leadership and enduring success.
Difference Capital has 2 tracked investments across 2 companies. The latest tracked deal is $5.0M Series A in TouchBistro in April 2015.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 1, 2015 | TouchBistro | $5.0M Series A | — | Inovia Capital, OMERS Ventures, Relay Ventures, Mark Britto, Todd Masse, Kensington Capital Partners |
| Mar 26, 2015 | QuickPlay Media | $45.7M Other Equity | — | Madison Dearborn Partners |