Private Equity · Venture · Real Estate
We invest in your next generation of growth
Second Growth exists to build on legacies—our own and those of the founders and families we partner with. We acquire and invest in businesses entering their next chapter.
46
+
Years of experience.
10
Companies founded.
5
Successful exits.
Including one company acquired for $1.1B and another that went public with a $1.6B valuation.
Our Philosophy
Strong businesses are built across generations.
We are long-term investors with a family history of acquiring and growing Canadian businesses. From my grandfather’s bakery in Jasper to today, entrepreneurship and stewardship have defined how we approach ownership.
Est. 1967 — Jasper, BC
You deserve a partner who thinks in generations, not investment cycles.
How We Create Second Growth
We partner at your inflection points.
Every business reaches a point where growth requires something more. We work alongside founders and management teams, bringing the capital, leadership, and operating expertise needed to build disciplined, durable growth.
01
Capital
We provide capital to support acquisitions, expansion, succession, and growth.
02
Leadership
We work alongside founders navigating succession, building their leadership team and making important decisions.
03
Expertise
We guide businesses looking to improve operations, invest in tech, and build their capabilities.
What we look for
Our criteria.
We look for established Canadian businesses with strong fundamentals, committed leadership, and meaningful opportunities for long-term growth.
Size
Established companies generating $500K–$2.5M EBITDA with proven operations and meaningful growth opportunities.
Geography
Canadian businesses serving local , national, or international markets.
Characteristics
Healthy businesses with recurring revenue, diversified customers, strong margins, and management committed to long-term growth.
Type
Commercial, consumer and healthcare services, technology-enabled services, and light manufacturing businesses.
Thinking about your next chapter?
Partner with us →
Partner With Us
Who we partner with.
FOR FOUNDERS
Founders
You’ve built something meaningful. Whether you're preparing for succession, seeking growth capital, or considering a sale, we help preserve what you've built while unlocking what's next.
FOR OPERATORS
Acquisition Entrepreneurs
We partner with acquisition entrepreneurs and search fund managers pursuing exceptional businesses. Beyond capital, we provide operating experience, practical support, and long-term alignment.
FOR INVESTORS
Capital Partners
We collaborate with investors seeking aligned co-investment opportunities. Our long-standing relationships with founders and business owners allow us to access investment opportunities before they reach the broader market.
Who We Are
Built to last. Built to be passed forward.
We are long-term investors with decades of experience building and operating North American businesses. We believe strong businesses are built to last and built to be passed forward.
Mike Sherman
Founder & Managing Partner
Mike has spent decades building, operating, and investing in businesses. As a founder, CEO, private investor, and fund manager, he has worked from every side of the table and understands firsthand the challenges that come with growth, change, and succession.
Today, he helps founders, families, and management teams build enduring businesses and navigate the decisions that shape what comes next.
Lou Sherman
Partner, Real Estate
Lou has spent a lifetime building, developing, and investing in real estate across Canada and the United States. His experience across multiple market cycles has reinforced a simple belief: lasting value is built through patience, discipline, and a long-term perspective.
Today, he focuses on real estate investments and development opportunities.
Let's talk about what's next.
Whether you're exploring growth, succession, acquisition, or investment opportunities, we'd welcome the opportunity to start a conversation.
Contact us
Continuing legacies, our own and those of the founders and families we partner with.
hello@secondgrowth.ca
Vancouver, British Columbia