What Sandpiper Group does

Sandpiper Group is a Vancouver-based private family office and private equity firm founded in 2015 by Samir Manji as the investment vehicle of the Manji family. The firm stewards the Manji family's multi-generational real estate legacy, which traces to a 24-suite motel in Vancouver's West End acquired in 1973 and grew to over 4,000 hotel rooms and 2,000 multifamily units, including the founding and eventual $986M sale of Amica Mature Lifestyles \u2014 the highest premium ever paid for a Canadian public real estate company. Headquartered at Suite 1000, 1021 W Hastings Street in Vancouver with a leadership team of roughly 14 named professionals, Sandpiper pursues control or majority stakes in mid-market private companies with $2\u2013$10M EBITDA and real estate assets offering day-one yield plus value-add upside, applying patient permanent-capital ownership without fund-life exit pressure.

The firm's product surface consists of two parallel structures: capital deployment through Sandpiper Limited Partnerships, distributed to qualified investors via the affiliated Sandpiper Investment Services Inc. (a registered Exempt Market Dealer in British Columbia, Alberta, Manitoba, Ontario and Quebec); and direct operating-company and strategic-equity ownership. Operating companies include Pan American Nursery Productions Inc. (North American plant nursery wholesaling) and Pier-C (North American produce packaging and distribution), both wholly owned. Strategic equity positions include a 14.76% stake in RFA Financial Inc. (acquired via the Artis/RFA arrangement, completed February 2026) and a position in Extendicare Inc. \u2014 a healthcare services company for which Samir Manji serves as Board Chair.

Sandpiper's revenue model rests on returns generated through portfolio company performance, capital appreciation in real estate and equity holdings, and management and/or performance economics on the Sandpiper Limited Partnership vehicles. Investment terms are negotiated bilaterally with sellers and are not publicly disclosed. Distribution occurs through direct, relationship-based outreach supported by the firm's corporate website, investor portal, and senior leadership's professional and board network across YPO, Extendicare, RFA Financial, and former REIT directorships.

Name

Sandpiper Group

Legal name

Sandpiper Group

Website

https://sandpipergroup.ca

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

11–50 employees

Short description

Sandpiper Group is a Vancouver-based private family office and private equity firm that deploys permanent capital into mid-market companies ($2\u2013$10M EBITDA) and value-add real estate, serving owner-operators, family businesses, and qualified investors across Canada through Sandpiper Limited Partnerships.

Ownership category

akta.pro rank

Product category

Private Equity and Family Office Investment Management

NAICS

Portfolio Management and Investment Advice (523940), Management of Companies and Enterprises (55111)

SIC

Investors, Nec (6799), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

Comprehensive/Full-Service RIAs & Independent Wealth Managers (FSAAACAA)

Keywords

• Private equity investments
• Family office services
• Permanent capital
• Mid-market acquisitions
• Real estate investments

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Investment Management and Advisory Services: Sandpiper Group generates returns through investment in private companies and real estate assets. As a family office and private equity firm, they likely earn returns through portfolio company performance, capital appreciation, and potentially management fees or carried interest from their investment activities. Their permanent capital structure allows them to focus on long-term value creation without pressure for short-term exits.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Sandpiper Group is a private equity firm and family office that provides permanent capital investments to mid-market companies ($2-$10M EBITDA range) and real estate opportunities with day-one yield and value-add upside. The firm pursues full ownership or majority stakes in family-owned and growth-stage businesses, distributing investment units through its affiliated registered Exempt Market Dealer, Sandpiper Investment Services Inc., operating across British Columbia, Alberta, Manitoba, Ontario, and Quebec.

Product overview

Sandpiper Group operates as a Private Equity firm and Family Office offering permanent capital investment solutions. The company does not offer a single unified product but rather a portfolio of investment vehicles and operating companies. The core investment offering is structured through Sandpiper Limited Partnerships distributed via Sandpiper Investment Services Inc. (a registered Exempt Market Dealer). The portfolio consists of operating companies (Pan American Nursery Productions Inc., Pier-C) and strategic equity investments (RFA Financial, Extendicare). The firm also maintains an Investor Portal for existing investors. The company's investment approach targets mid-market companies with $2–$10M EBITDA range for private acquisitions and real estate opportunities with day-one yield and value-add potential.

Differentiator

Problem solved

Functional benefit

Brands

• Sandpiper Investment Services Inc. Registered Exempt Market Dealer registered in British Columbia, Alberta, Manitoba, Ontario and Quebec, distributing investment in units of Sandpiper Limited Partnerships.

Products and services

• Sandpiper Limited Partnerships

Quantifiable outcome

• Over $10 billion in hospitality, seniors housing and multi-family residential real estate acquisitions and dispositions executed by the team
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core.

• Sandpiper Investment Services Inc.coreOthersSandpiper Investment Services Inc. is the affiliated registered Exempt Market Dealer of Sandpiper Group, distributing investment units in British Columbia, Alberta, Manitoba, Ontario, and Quebec. It is a related and connected issuer of Sandpiper Limited Partnerships.
• Extendicare Inc.coreStrategic or Co-development PartnerSandpiper's CEO Samir Manji serves as Chair of the Board of Extendicare Inc., a healthcare providers and services company. Extendicare is listed as a strategic equity investment in Sandpiper's portfolio. Samir Manji brings his 25+ years of seniors housing experience to the board.
• Pan American Nursery Productions Inc.coreStrategic or Co-development PartnerPan American Nursery Productions Inc. is an operating company in Sandpiper's portfolio, described as a North American plant nursery wholesaling business. Sandpiper provides permanent capital to steward positive transformation in this business.
• Pier-CcoreStrategic or Co-development PartnerPier-C is an operating company in Sandpiper's portfolio, described as North American produce packaging and distribution. This represents Sandpiper's permanent capital investment approach applied to the produce industry.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Clairvest Group: Toronto-based Canadian mid-market private equity firm investing with management partners in owner-operator businesses. Closely comparable to Sandpiper's $2-$10M EBITDA, mid-market, family-business acquisition focus.
• Nicola Wealth: Vancouver-based Canadian family-owned wealth management firm with a private investment arm. Comparable to Sandpiper's family-office structure, Western Canadian base, and permanent-capital approach.
• Onex Corporation: Toronto-based publicly-traded Canadian private equity firm investing across mid-market and large-cap companies with permanent-capital orientation. Directly comparable to Sandpiper as a Canadian PE manager pursuing buyouts and value creation.
• RFA Financial Inc. Canadian financial services company in which Sandpiper holds an approximate 14.76% stake post-Artis REIT arrangement, with Sandpiper CEO Samir Manji serving as Executive Chair. Direct overlap given Sandpiper's strategic equity relationship and board role.

Broad incumbents

• Brookfield Asset Management: Toronto-headquartered global alternative asset manager with significant real estate, infrastructure, and private equity businesses. Comparable at the broader Canadian investment-manager level, though far larger in scale and scope than Sandpiper.
• Fiera Capital: Montreal-based Canadian institutional and private wealth investment manager with diversified strategies. Comparable as a Canadian investment management firm, with broader institutional coverage than Sandpiper's relationship-driven model.
• CI Financial: Toronto-based Canadian wealth and asset management firm serving high-net-worth clients. Comparable to Sandpiper at the broader Canadian wealth-management level, with broader distribution and retail channels.
• IGM Financial: Winnipeg-headquartered Canadian wealth and asset management company (parent of IG Wealth Management). Comparable as a large-scale Canadian wealth manager covering HNW and retail clients.

Others

• Granite REIT: Toronto-based industrial real estate investment trust where Sandpiper CEO Samir Manji previously served as a trustee. Comparable through the public-REIT governance lens and Canadian real estate deal network, though not a direct competitive peer today.
• Extendicare Inc. Canadian healthcare and seniors-living provider where Sandpiper CEO Samir Manji serves as Chair of the Board and which is listed as a strategic equity investment in Sandpiper's portfolio. Connected to Sandpiper through governance and ownership overlap in seniors housing.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A

Investments2 records

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

Frequently asked questions about Sandpiper Group