We buy, build, and hold exceptional Vancouver Island businesses. Forever.
We believe small businesses are the backbone of the Island. By owning and operating them for the long run, we safeguard good jobs, customer relationships, and the legacy every founder hopes to leave.
Vancouer Island Proof
Bottle Depot - our local platform
Footprint: 3 Victoria locations plus Sooke, Squamish, and Vancouver.
Active add-ons are expanding the networrk across Western Canada.
- Recent add-ons: Bottle Guys (Vancouver), Squamish Bottle Depot, Sooke Bottle Depot.
- What we seek: materials recovery facilities, waste collection, recyclable material wholesalers.
- Size guide: EBITDA C$500k+ for add-ons.
What We Buy
- Geography: Vancouver Island based on headquarters.
- Cash Flow: Between $750k – $4.0M (starting at $250k if in the recycling/waste industry).
At least a 3-year history within this range. - Industry: Industry agnostic except commodity-driven businesses & real estate.
- Ownership: Control preferred (51–100%). Minority or growth possible.
- Vendor Category: Founder or family-owned preferred, often closely held and seeking retirement or liquidity. Occasional carve-outs.
- Diversification: Stable earnings with a broad customer base (no single customer >20% of revenue).
We require at least two of the following: We require at least two of the following:
Enduring moat (switching costs, strong brand, exclusivities)
Healthy non-owner management layer
Established niche expertise
Regional leader in a fragmented market
Recurring or highly predictable revenue
Whether owners are looking to fully exit or step into a new role, we are committed to being the purchaser of choice for retiring business owners in Western Canada.
Transaction Types
Legacy Buyout
Business owner seeking to transition ownership (100% sale) while preserving the team, culture, customer relationships, and community.
Legacy Transition
Business owner/operator contemplating a personal exit in the next 2-7 years and seeking to transition ownership (majority ownership over two separate sale steps) while preserving the team, culture, customer relationships, and community.
Growth Partnerships
Business owner/operator seeking a collaborative partner bringing either growth equity or partial liquidity (typically retaining 25-49%), but plan to stay actively involved and continue growing the business.
Add-on Acquisitions
Acting on behalf of Lab One’s particular platform company, seeking to identify horizontal M&A, vertical M&A, or other growth-focused expansion initiatives.
The Team
Taylor Love
