Granite Partners
2300 Yonge St, Ste 710, Toronto, ON, M4P 1E4, Canada
Overview
Granite Partners is a Canadian private equity firm that targets profitable, well-managed, manufacturing and service companies with sales in the $10 million - $100 million range. Granite's goal is to help entrepreneurs and owner-managers build upon and unlock the value they have created in their businesses. Granite Partners is led by Doug Buchanan, a principal investing specialist with over 20 years of banking, corporate finance and M&A experience. He is formerly a director and Chairman of the Board of General Donlee Income Fund, a TSX listed company. He was also the President of Lincoln Capital Corporation. He leads a group of committed investors experienced in the areas of banking and corporate finance, private and public markets and business strategy. These investors are highly successful business people with involvement in the real estate, manufacturing and service industries. A predecessor of Granite Partners recently completed a $100,000,000 IPO of one of its business investments. Granite Partners is currently looking for exceptional investment opportunities.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- TensorWave
Participated · Safe · Oct 2024
TensorWave operates an all-AMD AI cloud focused on high-performance, memory-intensive workloads, delivering high-bandwidth, memory-optimized infrastructure powered by AMD Instinct series GPUs. The company currently runs one of the largest AMD-based AI training clusters in North America with 8,192 AMD Instinct MI325X GPUs online. TensorWave has secured more than 2 gigawatts of long-term data center capacity to support growing adoption from enterprise, research, and AI-native customers. Following a Series A in May 2025, TensorWave completed a $350 million Series B at a $1.55 billion valuation to fund global expansion and next-generation MI355X GPU deployments. The company is investing in its Las Vegas headquarters and plans to expand hiring across engineering, infrastructure, operations, sales, and customer success. Customers mentioned include next-generation AI companies such as Fireworks AI and Luma AI, which are using TensorWave’s AMD-based infrastructure for large-scale generative AI workloads and production inference.
Team
No current team members are available.