The KV Story

KV Private Equity Inc. launched in 2014 as a new business venture of the corporate group that includes KV Capital Inc. and KV Mortgage Fund Inc. By combining the transactional, financial and business experience of KV’s professional staff with our local presence and established capital raising network we are bringing KV’s successful formula to private equity with our inaugural fund - KV Private Equity Fund.

About KV Capital

KV Capital was founded in 2006 and recognized as 127th on the 2016 PROFIT 500 ranking. Headquartered in Edmonton, Alberta, KV Capital has enjoyed rapid growth over the last 10 years from a startup venture to operations that included managing a $100M mortgage portfolio during 2015 and originating, underwriting and funding over $300M in private mortgage financing since inception (as at August 31, 2016). In respect of its capital raising, portfolio management, and investment fund management activities KV Capital is registered with the Alberta Securities Commission, the British Columbia Securities Commission and the Ontario Securities Commission.

About KV Private Equity Fund

The mandate of KV Private Equity Fund (the “Fund”) includes completing $50M of equity investments in lower mid-market, Western Canada based businesses. The Fund is sponsored by KV Private Equity Inc. and by its trustees Nizar Somji and Harry Kipnes, whom are each independent of KV.

About KV Mortgage Fund

KV Mortgage Fund was established in 2009 to provide investors and discretionary money managers access to KV Capital’s mortgages through a pooled investment vehicle. KV Mortgage Fund is fully managed by KV Capital, has independent governance and a portfolio that exceeded $70M during 2015.

Investment Criteria

Deal Size

  • $5M to $25M deal size
  • $1M to $10M EBITDA
  • Generally lower mid-market

Location

  • Alberta (preferred)
  • British Columbia
  • Saskatchewan

Industries / Sectors

  • Business Services
  • Consumer & Retail
  • Industrial & Manufacturing
  • Materials
  • Oilfield Services

Excluded Industries / Sectors

  • Health Sciences
  • High Tech
  • Primary Resource Extraction
  • Start-Up/Venture
  • Real Estate

How We Identify Companies

  • Ability for KV to identify opportunities to add value
  • Durable competitive advantage, with significant barriers to entry
  • Track record of sustainable free cash flow
  • Diversified customer base
  • Ongoing participation of senior personnel and management
  • Profitable operations, good margins, strong competitive positions
  • Established business processes and systems
  • Proven offering, with significant growth potential
  • Well defined strategy for future growth
  • Management teams with a proven track record of success
  • Established, well-run companies
  • Control position available

Potential Vendor Motivations

  • Owners seeking an exit from their businesses (e.g. vendor retirement)
  • Financing of opportunistic growth
  • Over-leveraged or in need of restructuring
  • Shareholder or matrimonial disputes
  • Management or partner buy-outs

Our Team

Shafin Kanji

Shafin Kanji, MAcc, CA, CBV, ICD.D

Chief Executive Officer

Shafin is a principal and co-founder of Kanvi Homes Inc. and the companies within the KV corporate group. For the last 10 years he has been engaged in all aspects of growing these businesses from startup ventures to the successful companies they are today. Shafin previously operated a boutique corporate finance firm and before going into business with his partners held the office of Chief Executive Officer of JER Envirotech Ltd. (previously TSX-V listed), and Chief Operating Officer and Chief Financial Officer at Matrikon Inc. (previously TSX listed, subsequently acquired by Honeywell). While at Matrikon he successfully negotiated and completed five acquisitions in Canada, the United States, Australia, the United Kingdom and Germany. Shafin also previously served within KPMG’s financial advisory services.

Aleem Virani

Aleem Virani, CA, CBV, ICD.D

President

Aleem is a principal and co-founder of the companies within the KV corporate group and Kanvi Homes Inc. For the last 10 years he has been engaged in all aspects of growing these businesses from startup ventures to the successful companies they are today. In addition to running his own businesses, throughout his career Aleem has been engaged in private company transactions as both an adviser (buy and sell side) and buyer. Before going into business with his partners, Aleem was the Controller for Trans Global Group of Companies (a subsidiary of the Brick Group Income Fund), and he also served as a business valuations and litigation support expert with Kingston Ross Pasnak LLP, and as a public accountant at Deloitte.

Johnathan Herman

Jonathan Herman, CA

Chief Operating Officer

Jonathan is a principal of the KV corporate group, having originally joined the companies in 2011. He most recently held the office of Chief Financial Officer, where he oversaw all aspects of the KV corporate groups finance and reporting functions, regulatory compliance obligations, legal matters, structuring of offerings, investor relations and capital operations. In 2016, he assumed day to day responsibility for the operations of KV Private Equity Inc. and KV Private Equity Fund, and today leads the private equity team within KV. Prior to joining the KV corporate group, Jonathan worked as a public accountant within the assurance practice at Deloitte and as a Tax Officer within the Tax and Revenue Administration of Alberta Finance.

Scott Alanen

Scott Alanen, CA, CBV

Chief Financial Officer

Scott joined the KV corporate group in 2016 after successfully operating his own business as a contracted financial executive to various Alberta based companies engaged in the upstream oil and gas and energy service industries. Prior to joining the KV corporate group, Scott held the office of VP Finance and CFO for Point Loma Energy Ltd., Controller for a group of private upstream oil and gas companies, and Manager of Financial Reporting for Ember Resources Inc. and Canexus Corporation (TSX listed) respectively. Scott also previously served as a public accountant at MNP LLP and Kingston Ross Pasnak LLP.

Johnathan Klimo

Johnathan Klimo, CFA

Senior Associate

Johnathan is a CFA charterholder and a graduate of the University of Alberta. He has over 11 years of experience in the finance industry, including 5 years of experience with Canada’s largest independent mortgage and equipment financing company and more than 6 years with the KV corporate group. During his tenure with KV, Johnathan has worked on engagements that have included business valuations, goodwill impairment testing, and purchase price allocations, in addition to a previous mortgage underwriting role.

Contact Us

Office Location

Suite 108, 2627 Ellwood Drive SW
Edmonton, Alberta
T6X 0P7

Contact Information

Office: 780.433.1222
Toll Free: 1.888.933.1222
Fax: 1.866.229.1295
E-mail: info@kvprivateequity.ca

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