Lab One Capital

FOR OPERATING PARTNERS

Our operating partner program is the foundation of our investment strategy: we first identify outstanding operators and then, together, find businesses that align with their skillset and Lab One’s investment focus.
View our active specializations

What if you could lead a business, with the autonomy to execute your strategy, and a deep network of passionate builders and entrepreneurs behind you to ensure its success?

OUR PHILOSOPHY

At Lab One, we’re driven by a deep respect for the craft of entrepreneurship. We partner with mid-career operators who share our belief that building and stewarding beautiful businesses requires a combination of discipline, curiosity, and grit. If you’re the kind of person who never stops learning and always seeks to improve, we want to partner with you.

We’re not here to hand-hold or play it safe. We want leaders ready to step into the real challenges of running a company — the decisions, the accountability, and the highs and lows that come with it. If you’re looking for an easy ride, this isn’t the place for you.

At Lab One, we value character and commitment above all else. We’re less concerned with your past titles and more focused on your judgment, your trajectory, and your drive to build something durable. If you’re ready to lead with integrity and compound a business over the long run, we want to hear with you.

OPERATING PARTNER PROGRAM

Lead a company and build it to last

Our operating partner program is the foundation of our investment strategy: we first identify outstanding operators and then, together, find businesses that align with their skillset and Lab One’s investment focus.

As an Operating Partner, you lead with the backing of Lab One’s playbook. We bring opportunities, shape the thesis with you, and place you to lead a single platform for the long run.

START YOUR APPLICATION

The Operating Partner Path

1. Apply

Tell us who you are, what you’ve built, and what you want to lead next.

2. Operator Conversation

A working session with Lab One’s leadership — not a recruiter screen. We explore how you think, make decisions, and approach leadership challenges.

3. Mandate & Fit Review

We complete a personality assessment and a structured discussion of your past roles to understand your wiring, judgment, and leadership patterns. We start shaping where a platform search should focus.

4. Deep-Dive Interviews

We evaluate your leadership approach, financial fluency, strategic capability, and long-term fit for running an enduring business.

5. Partnership Offer Extended

We outline the formal partnership structure, expected responsibilities, equity investment, incentives, and the long-term mandate you’ll lead.

6. Partnership Launched

We design and launch a tailored platform search around your strengths — led by Lab One’s deal team and our extensive local M&A network.

After Close

A long-term partnership built on discipline, support, and shared stewardship.

  • We lead sourcing and diligence so you buy a great company, not just any company.
  • You take time to learn before you lead with a 100-day plan and a steady operating cadence.
  • You run the business, with PE-grade support in finance, hiring, pricing, and strategy.
  • We pursue smart growth only when the base is strong, including bolt-ons and greenfield opportunities backed by follow-on capital.
  • You’re part of a small operator network sharing practical systems and honest insight.

Where you'll build

At Lab One, we don’t assign operators to businesses — we build investment theses around them.

Each specialization begins by first identifying a proven operator, then collaboratively designing a bespoke investment focus tailored to their experience, strengths, and expertise. Together, we create vertical HoldCos positioned to capture enduring opportunities and grow into middle-market businesses through M&A, incubation, and operational excellence.

Vancouver Island

  • Multi-platform thesis in progress
  • Succession partner for enduring Island businesses (generalist).

Recycling & Waste

  • Platform in place, acquiring bolt-ons
  • Expanding a regional leader in recycling while actively exploring adjacencies (waste, ESG consulting, etc).

Electrical & Technical Services

  • Operator identified, seeking first platform acquisition
  • Acquire electrical, mechanical, and industrial service businesses from automation and controls to energy systems.

Your Tailored Platform Search

  • Bring your edge. Given Lab One’s initial broad generalist BC mandate, we tailor a unique mandate around your strengths and leverage our local M&A network to source a high-quality platform for you to lead.
Explore Our Active Specializations
Founding Operating Partner, Lab One Vancouver Island & CEO, Bottle Depot

Taylor Love

Taylor Love’s career has been a masterclass in resourcefulness and adaptability. From providing wealth management and fractional CEO services directly to First Nation funds, to becoming the largest independent real estate developer of townhomes in the Victoria region, to launching medical device start-ups, Taylor’s diverse background made him the ideal fit for President & CEO at Bottle Depot in 2023. His entrepreneurial drive and hands-on experience have brought new energy and vision to the company and have proven invaluable as the Bottle Depot platform business continues a roll-up in the industry.

Ready to lead?

We’re looking for proven operators ready to take the next step in their entrepreneurial journey — to own, run, and grow enduring businesses alongside Lab One.

WORK WITH US

Careers at Lab One