Reichmann Segal Capital Partners

What Reichmann Segal Capital Partners does

Reichmann Segal Capital Partners is a Toronto-based private equity firm co-founded by Charles Reichmann and Jarrad Segal, with operational roots in the Reichmann family's multi-decade legacy in Canadian business. The firm invests in mid-market businesses at transformative growth inflection points, deploying $20 million to $200 million per transaction into companies with $5 million to $50 million of EBITDA, targeting buyouts, growth capital, founder transitions, take-privates, and restructuring of underperforming businesses. The firm raises capital from institutional investors, family offices, and high-net-worth individuals, earning revenue through standard private equity management fees and carried interest.

The firm's portfolio is concentrated in two adjacent themes: sports infrastructure and electronic manufacturing services (EMS). The first platform, Athletica Sport Systems (acquired May 2024), is a world leader in dasher board manufacturing for hockey rinks and the preferred supplier to the NHL and AHL, including subsidiaries Becker and Cascadia. The second platform, OES Inc. (acquired April 2025), is an industry leader in LED video scoreboards, EMS, and custom technology solutions, with scoring and timing software used by the NHL, NBA, and NFL. In June 2026 the firm launched Metatron Private Equity and acquired Green Circuits Inc., a Silicon Valley-based EMS provider serving aerospace, defense, medical, industrial, and advanced technology sectors, marking its third platform and second EMS investment. National Bank of Canada led leverage financing for both the OES and Green Circuits transactions.

Go-to-market is relationship-driven rather than broadly marketed, leveraging the Reichmann family's network, direct institutional outreach, and earned media via CNW press wire for transaction announcements. Portfolio companies retain their existing brands and management teams under an operator-partner model, with the firm positioning itself to enable cross-platform collaboration, particularly between Athletica and OES in sports facilities and between OES and Green Circuits in EMS.

Name

Reichmann Segal Capital Partners

Legal name

Reichmann Segal Capital Partners

Website

https://reichmanncapital.com

Company type

Private

Operating status

Operating

Short description

Reichmann Segal Capital Partners is a Toronto-based private equity firm investing $20M-$200M in mid-market businesses with $5M-$50M EBITDA, operating platforms in sports infrastructure (Athletica, OES) and electronic manufacturing services (Green Circuits via Metatron PE).

Ownership category

akta.pro rank

Product category

Private Equity / Investment Management

NAICS

Other Financial Investment Activities (5239), Portfolio Management and Investment Advice (52394), Miscellaneous Financial Investment Activities (523999)

SIC

Miscellaneous Business Credit Institution (6159), Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Multi-Sector / Generalist Growth Equity (FSANACAO)

Keywords

• Private equity investing
• Mid-market buyouts
• Growth capital investments
• Portfolio company management
• Institutional investment management

Headquarters

HQ city

Toronto

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. Carried Interest: Performance-based fees earned as a percentage of investment returns above a specified hurdle rate. Typically 20% of profits generated for limited partners, aligning firm interests with investor returns.
2. Management Fees: Ongoing fees charged to institutional, family office, and high-net-worth investors based on committed capital under management.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Reichmann Segal Capital Partners is a Toronto-based private equity firm that deploys $20 million to $200 million of equity capital into North American mid-market businesses with $5 million to $50 million of EBITDA, pursuing buyouts, growth capital, founder transitions, take-privates, and restructuring of underperforming businesses. The firm partners with incumbent management teams in majority or significant minority positions and currently operates three platform portfolio companies — Athletica Sport Systems, OES Inc., and Green Circuits — through the recently launched Metatron Private Equity investment platform.

Product overview

Reichmann Segal Capital Partners operates a multi-platform private equity model with portfolio companies focused on sports infrastructure and electronic manufacturing services. The company's portfolio includes three main platforms: (1) Athletica Sport Systems - a world leader in dasher board manufacturing for hockey rinks serving NHL and AHL, with subsidiaries Becker and Cascadia; (2) OES Inc. - an industry leader in LED video scoreboards, electronic manufacturing services, and custom technology solutions with software used by NHL, NBA, and NFL; and (3) Green Circuits - a Silicon Valley-based electronics manufacturing services provider for aerospace, defense, medical, industrial, and advanced technology sectors. The company also launched Metatron Private Equity as a dedicated investment platform for electronics manufacturing services. All portfolio companies operate under their existing brands and management teams.

Differentiator

Problem solved

Functional benefit

Products and services

• Athletica Sport Systems World leader in the design, innovation, engineering and manufacturing of dasher board systems for hockey rinks from community facilities to professional arenas across North America; preferred rink equipment supplier to the NHL and AHL; operates subsidiaries Becker and Cascadia.
• OES Inc. Industry leader in LED video scoreboards, electronic manufacturing services (EMS), and custom technology solutions, with scoring and timing software used by professional sports leagues including the NHL, NBA, and NFL.
• Green Circuits Silicon Valley-based electronics manufacturing services (EMS) provider serving aerospace, defense, medical, industrial, and advanced technology sectors.
• Metatron Private Equity Dedicated private equity investment platform focused on the electronics manufacturing services sector and adjacent strategic capabilities, including aerospace, defense, medical, industrial, and advanced technology markets.

Quantifiable outcome

• Global sports market valued at nearly US$516 billion in 2024, projected to exceed US$893 billion by 2034
• +1 more outcomes

Named customers4 records

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

Five partnerships are on record, tiered core and minor.

• Metatron Private EquitycoreStrategic or Co-development Partner · 1 June 2026Reichmann Segal launched Metatron Private Equity as a new investment platform and completed its first acquisition through Green Circuits Inc. This represents the firm's third platform investment and second in the EMS sector, targeting growth in domestic production, supply chain resilience, and defense-related capabilities.
• OES Inc. (Jeff Stewart)coreStrategic or Co-development Partner · 7 April 2025Reichmann Segal acquired OES Inc. from Ardenton Capital Corporation. OES CEO Jeff Stewart continues as CEO of the company. The acquisition represents a platform investment in electronic manufacturing services and custom technologies, with OES bringing LED video scoreboard capabilities and scoring/timing software serving professional sports leagues including NHL, NBA, and NFL.
• Cozen O'Connor LLPminorImplementation/ SI/ Consulting Partner · 7 April 2025Cozen O'Connor LLP acted as legal counsel to Reichmann Segal and Athletica for the OES acquisition transaction.
• Segal GCSEminorImplementation/ SI/ Consulting Partner · 7 April 2025Segal GCSE provided transaction services for the OES acquisition by Reichmann Segal Capital Partners.
• Athletica Sport Systems Inc. (Andrew McRae)coreStrategic or Co-development Partner · 28 May 2024Reichmann Segal acquired Athletica Sport Systems Inc., a world leader in dasher board manufacturing and sport infrastructure. CEO Andrew McRae continues to lead the company and its management team. Athletica is the preferred rink equipment supplier to the NHL and AHL. The partnership focuses on supporting new product development and geographic expansion.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Onex Corporation: Toronto-based public alternative asset manager with significant private equity operations across mid-to-large cap buyouts. Direct Canadian peer with overlapping mid-market focus and institutional LP base.

Direct peers

• Birch Hill Equity Partners: Canadian mid-market private equity firm focused on buyouts and growth capital in companies with $20-500M enterprise value. Closest direct competitor for Canadian mid-market deals in the same EBITDA range.
• Novacap Management: Canadian mid-market PE firm targeting buyouts of $20-250M in similar EBITDA-sized businesses. Direct competitor for Canadian institutional deals in same sector breadth.
• Imperial Capital Group: Canadian mid-market PE firm deploying capital into similar-size buyouts. Comparable deal size, target profile, and relationship-driven sourcing approach.
• Wynnchurch Capital: US mid-market PE firm specializing in operational turnarounds and complex situations, including EMS and industrial sectors. Comparable operational value-creation playbook to Reichmann Segal's restructuring focus.
• GTCR: US mid-market PE firm known for Leaders Strategy platform-building approach with management partners. Highly comparable to Reichmann Segal's partnership-with-CEO model and sector platform formation.
• Centerbridge Partners: US-based PE firm with significant mid-market focus including special situations and complex carve-outs. Comparable investment size range and value-oriented approach.
• Ardenton Capital Corporation: Canadian mid-market PE firm that sold OES Inc. to Reichmann Segal. Direct predecessor seller and highly comparable in target profile, sector breadth, and operational approach.

Regional players

• Persistence Capital Partners: Canadian mid-market PE firm with healthcare concentration. Comparable in scale and Canadian mid-market focus though sector-specialized rather than generalist.
• JMI Equity: US growth equity firm focused on software and tech-enabled services. Comparable to Reichmann Segal's technology/EMS ambitions though US-focused and software-led rather than hardware-led.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/reichmann-segal-capital-partners

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&A2 records

Investments

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

Frequently asked questions about Reichmann Segal Capital Partners