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Jost Hartmann
10.01.20

Proventis Partners welcomes FirePower Capital as a new Mergers Alliance Partner for Canada, expanding its global market coverage.

Munich, January 10, 2020. The Mergers Alliance continues its expansion in key markets and is proud to add FirePower Capital (www.firepowercapital.com), based in Toronto and Montreal, to its partnership with leading middle-market companies in the corporate finance sector.

Provide substantial deal flow in Canada, an active market benefiting from a stable political environment, low financing costs and continued growth in North America.

Founded in 2012, FirePower Capital works primarily with privately held Canadian companies. With 40 deal professionals in Toronto and Montreal offices, FirePower Capital has quickly grown into one of the largest and most active independent firms in Canada. In addition to its M&A advisory division, FirePower Capital operates a private equity division that originates loans and invests directly in the middle market in Canada.

With this new partnership, Mergers Alliance strengthens its geographic market and sector coverage as well as diverse transaction pipeline across multiple industries, including TMT, Consumer & Retail, Business Services and Finance, Industrial & Energy.

Mergers Alliance is an international partnership of leading independent M&A advisors, now with 21 members, offering unique access to local markets in 31 countries. In German-speaking countries it is represented exclusively by Proventis Partners. Through membership in the Mergers Alliance, Proventis Partners is expanding its market coverage in all major countries around the world and further expanding its industry expertise. The ongoing collaboration of Mergers Alliance partners around the world, sharing industry knowledge and building personal relationships is crucial to best supporting Proventis Partners’ customers. “We are pleased to have another strong Merger Alliance partner in FirePower Capital, with whom we are now competently represented in the important, growing Canadian market,” explains Jan Pörschmann, Managing Partner at Proventis Partners in Munich.

Ilan Jacobson, Founding Partner & CEO at FirePower Capital, commented: “It is clear to our M&A team that Mergers Alliance’s people, resources and network have helped its members close more cross-border transactions for their clients. We look forward to working with our new friends in Germany, Japan, Peru, to name just a few, with whom we hope to further build our track record. Deals truly create the strongest bonds.”

Stas Michael, Managing Director at Mergers Alliance, added: “We are pleased to bring on board FirePower Capital’s talented deal professionals, their valuable experience and their new generation approach to M&A advisory mandates. With this new partnership, Mergers Alliance expands its presence in the rapidly growing Canadian market.”

About Mergers Alliance

Mergers Alliance is one of the most important independent global partnerships of corporate finance specialists, with over 800 transactions since 2012 in 31 countries worldwide and a total value of over 40 billion US dollars. 21 members of the Mergers Alliance cover the world’s leading business centers with a team of more than 200 experts in 42 offices.

About Proventis Partners

Proventis Partners is a partner-led M&A consultancy whose clients mainly include medium-sized family businesses, corporate subsidiaries and private equity funds. With 30 M&A advisors, Proventis Partners is active in the Industrials, Business Services, Consumer & Retail, TMT, Healthcare and Energy sectors and covers the German-speaking region with offices in Hamburg, Cologne, Munich and Zurich. Exclusive membership in the Mergers Alliance – the international partnership of leading M&A specialists – allows Proventis Partners to cover the market in 31 of the world’s leading countries. The 21 members of the Mergers Alliance, with over 200 M&A professionals, offer Proventis Partners and thus its customers unique access to local markets in Europe, North America, Latin America, Asia and Africa.