Penfund
333 Bay Street, Suite 610, Toronto, Ontario, M5H 2R2, Canada
Overview
Penfund is a leading Canadian private equity firm specializing in providing junior capital to middle market companies throughout North America. Penfund provides second lien, high yield and mezzanine debt, control and minority equity, as well as bridge facilities, standby lines, underwritten facilities and financial guarantees. The firm is owned by its management team and is currently investing its most recently established fund, Penfund Capital Fund IV which has $460 million of committed capital. Penfund manages institutional funds sourced from Canadian pension funds, insurance companies, family offices and banks and has invested more than $2.5 billion in over 220 companies since its establishment in 1979.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Mister Car Wash
Led · Equity · Oct 2014
Mister Car Wash is a Tucson, Arizona-based car wash chain that operates 134 car washes and 32 express lubes across 14 states. Led by CEO John Lai, the company has nearly 4,800 employees and services over 15 million vehicles annually. It is a recently-acquired portfolio company of Leonard Green & Partners. The company closed a $15.1M financing from Penfund. Mister Car Wash said it will use the proceeds to continue to grow operations. The financing was reported on 03/10/2014.
Team
No current team members are available.