Brookfield Business Partners

What Brookfield Business Partners does

Brookfield Business Partners, now operating as Brookfield Business Corporation (NYSE/TSX: BBUC), is the flagship listed vehicle of Brookfield Asset Management's private equity group. The company acquires and actively operates market-leading industrial and business services businesses globally, holding more than 20 portfolio companies organized across three reportable segments: Business Services (including CDK Global dealer management software and Canadian residential mortgage insurance), Infrastructure Services (including global lottery technology services and modular building leasing via Modulaire Group), and Industrials (including advanced battery technology through Clarios, engineered trailer components through DexKo, scaffolding via BrandSafway, and corrugated packaging via Fosber). Portfolio operations collectively employ approximately 57,000 people across 35+ countries.

The company is supported by 150 investment professionals within Brookfield's broader private equity platform, with 25+ years of investing experience and $75 billion in assets under management. Underlying technology varies by portfolio company — CDK Global provides dealer management SaaS, Clarios operates advanced battery technology with US battery recycling and mineral processing initiatives, Modulaire delivers modular building leasing across Europe and Asia Pacific, and lottery technology services run mission-critical systems globally. There is no single proprietary platform technology across the holding entity; rather, technology assets are embedded in individual operating businesses.

The business model is private-equity driven: BBUC acquires controlling or majority stakes in market-leading essential-service businesses, executes operational improvement plans to grow cashflows and EBITDA, and recycles capital through partial or full exits to generate risk-adjusted returns. Revenue is generated primarily through the organic operations of portfolio companies, encompassing subscription and recurring service revenue (dealer software, lottery technology, modular leasing), product sales (batteries, trailer components, packaging), and contract-based industrial services. The company targets 15%+ annualized returns to shareholders and completed a corporate simplification in March 2026, converting from a limited partnership structure into a single Canadian corporation to broaden investor access and facilitate index inclusion.

Name

Brookfield Business Partners

Legal name

Brookfield Business Corporation

Website

https://bbu.brookfield.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Brookfield Business Partners (now Brookfield Business Corporation, BBUC) is the flagship listed private equity vehicle of Brookfield Asset Management, acquiring and operating market-leading industrial and business services businesses across Business Services, Infrastructure Services, and Industrials segments for institutional and public market investors.

Ownership category

akta.pro rank

Product category

Private Equity / Diversified Industrial Holdings

NAICS

Offices of Other Holding Companies (551112), Management of Companies and Enterprises (55)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Corporate Strategy Advisory (BPAHADAA), Corporate LP Programs (Corporate as LP in VC/PE funds) (FSANAHAH)

Keywords

• Private equity investments
• Industrial operations
• Business services
• Infrastructure services
• Portfolio company management

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Others

Revenue model

1. Portfolio Company Operations: Generates revenue through ownership and operation of industrial and business services companies across three segments: Business Services, Infrastructure Services, and Industrials. Revenue derived from the organic operations of portfolio companies including dealer management software services, modular building leasing, lottery technology services, battery technology, and engineered components.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Brookfield Business Partners is a publicly traded private equity vehicle that acquires and operates market-leading industrial and business services companies across three segments: Business Services (CDK Global dealer management software, Canadian residential mortgage insurance), Infrastructure Services (global lottery technology services, Modulaire Group modular building leasing), and Industrials (Clarios advanced battery technology, DexKo trailer components, BrandSafway, Fosber corrugated packaging, electric heat management). The firm executes operational improvement plans and recycles capital through strategic exits to generate annualized returns of 15%+ for shareholders.

Product overview

Brookfield Business Corporation (BBUC) operates as a diversified holding company and flagship listed vehicle of Brookfield's private equity group, owning a collection of more than 20 high-quality, market-leading operations across three segments: Business Services (including dealer management software via CDK Global and Canadian residential mortgage insurance), Infrastructure Services (including lottery technology services and modular building leasing via Modulaire Group), and Industrials (including advanced battery technology via Clarios, trailer components via DexKo, electric heat management solutions, and corrugated packaging via Fosber). The company completed a corporate simplification in early 2026, converting to a single publicly traded Canadian corporation on NYSE and TSX under symbol BBUC. It is not a traditional product company but rather a private equity vehicle focused on acquiring and operating essential industrial and services businesses.

Differentiator

Problem solved

Functional benefit

Products and services

• Brookfield Business Corporation (BBUC) Listed Equity Publicly traded Canadian corporation serving as the flagship listed vehicle of Brookfield's private equity group, providing investors access to private equity capabilities developed over 25+ years.
• Clarios Advanced Battery Technology

Quantifiable outcome

• Targeting 15%+ annualized returns to shareholders
• +3 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators10 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• KKR & Co. Inc. NYSE-listed global alternative asset manager operating private equity, infrastructure, and credit strategies. Directly comparable as a publicly traded PE firm providing public market investors exposure to buyout investing across industrial and services sectors.
• Blackstone Inc. Largest publicly traded alternative asset manager with diversified PE, real estate, credit, and hedge fund strategies. Closely comparable diversified listed PE platform with industrial and business services exposure.
• Apollo Global Management: NYSE-listed alternative asset manager with private equity, credit, and retirement services franchises. Directly comparable as a publicly traded PE platform with industrial buyout focus and significant insurance balance sheet.
• Carlyle Group Inc. NASDAQ-listed global investment firm with diversified PE, credit, and real estate strategies. Directly comparable publicly traded PE firm with industrial and business services investment focus.
• TPG Inc. NASDAQ-listed global alternative asset manager with private equity, growth, and impact strategies. Publicly traded PE firm operating in industrial, business services, and infrastructure-adjacent sectors.
• Ares Management Corporation: NYSE-listed alternative asset manager with credit, private equity, real estate, and insurance strategies. Comparable publicly traded PE platform with growing industrial and services exposure.
• Onex Corporation: TSX-listed Canadian private equity firm focused on acquiring and operating industrial and services businesses. Directly comparable North American listed PE platform with operational transformation playbook.
• Brookfield Infrastructure Partners: NYSE/TSX-listed sister vehicle under Brookfield focused on infrastructure assets. Sister listed entity within the Brookfield ecosystem, comparable structure as a publicly traded Brookfield investment vehicle.

Broad incumbents

• Brookfield Asset Management: NYSE-listed parent alternative asset manager that manages BBU and owns significant capital across the Brookfield ecosystem. Directly related as the controlling sponsor and asset manager for BBU's portfolio companies.

Emerging players

• Bain Capital: Global private equity firm pursuing public listing; focuses on industrials, business services, and operational transformations. Comparable PE strategy with growing public-market investor exposure through IPO path.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/brookfield-asset-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A15 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brookfield Business Partners