What Altair Capital does

Altair Capital Inc. is a privately held Canadian professional services firm specializing in business valuation, merger and acquisition advisory, and corporate finance, operating from a central office in Calgary with additional offices in Vancouver and Edmonton and Toronto-area coverage. The firm is led by Managing Director Ronald M. Kavanaugh, a Chartered Business Valuator (CBV, designated 1995 as National Silver Medalist) and Chartered Professional Accountant whose valuation practice is sanctioned by the CBV Institute, CPA Alberta, and CPA Canada; supporting directors and associates add U.S./Latin America transaction experience, ex-Shell senior operating credentials, and MBA/engineering expertise.

The firm's core service set comprises accredited business valuation reporting, sell-side divestiture advisory, buy-side acquisition advisory, synergy analytics for M&A&D, and private debt and corporate reorganization. Underlying "technology" is methodological rather than software-based: sanctioned valuation reporting standards, due-diligence protocols, cost-savings and economies-of-scale analytics, and target identification through market research. In 2022 the firm expanded into principal capital through Altair Capital Partners LP, a private equity vehicle targeting management-led buyouts of companies with $10MM–$100MM revenue and $2MM–$20MM EBITDA, and added structured partnerships with NexGen Financial (insurance/wealth) and Bourgeois Brooke Chin Associates (commercial real estate appraisal).

Altair Capital generates revenue through engagement fees, success fees on completed transactions, capital placement fees from an HNWI private debt and mezzanine investor network spanning Canada, the U.S., and South America, and (prospectively) principal economics from the Partners LP vehicle. Go-to-market is direct advisory engagement, with no public marketing channels beyond website consultation requests. Clients range from small business owners to middle-market corporations carrying up to $200MM in market capital value, and the firm has cumulatively advised on more than 50 divestiture transactions across multiple Western Canadian industrial sectors.

Name

Altair Capital

Legal name

Altair Capital Inc.

Website

https://altair-capital.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Altair Capital Inc. is a privately held Calgary-based Canadian boutique advisory firm providing accredited business valuation, sell-side and buy-side M&A advisory, synergy analytics, and private debt placement to private business owners, PE acquirers, and HNWI investors across Western Canada, the U.S., and South America.

Ownership category

akta.pro rank

Product category

M&A and Business Valuation Advisory Services

NAICS

Portfolio Management and Investment Advice (52394), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)

akta.pro secondary industries

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Corporate Finance & Capital Advisory (BPAHADAB), Fairness Opinions & Independent Financial Advice (BPAHAOAF)

Keywords

• Business valuation services
• Mergers acquisitions advisory
• Corporate finance advisory
• Divestment advisory services
• Private debt financing

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Professional Advisory Services: Fee-based professional services for M&A advisory (sell-side and buy-side), business valuation reporting, corporate reorganization, and litigation support. Revenue generated through engagement fees, success fees on completed transactions, and hourly consulting rates.
2. Private Debt and Equity Placement: Capital placement services connecting companies seeking debt and equity capital with high net worth investors in Canada, United States, and South America. Firm earns placement fees from capital raises.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Altair Capital is a business valuation reporting practice and merger, acquisition, and divestment (M&A&D) advisory firm serving private company owners, shareholders, and acquirers in Canadian and US markets. Its core offerings include accredited business and securities valuation reporting (sanctioned by the CBV Institute and professional accounting bodies), sell-side and buy-side advisory programs, synergy analytics for M&A, private debt financing and corporate reorganization, and a private equity investment vehicle (Altair Capital Partners LP). Services are delivered by Chartered Business Valuators, CPAs, Engineers, and MBAs from offices in Vancouver, Calgary, and Edmonton.

Product overview

Altair Capital is a professional services firm providing an integrated suite of business valuation, merger and acquisition advisory, and divestment services. The core offerings include Business Valuation Reporting (accredited by CBV Institute), Sell-Side Advisory, Buy-Side Advisory, and Synergy Analytics. These services are complemented by Private Debt Financing and the Altair Capital Partners LP private equity vehicle. The integrated practice enables clients to navigate the full lifecycle of business transitions from valuation through transaction execution.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Sell-Side Advisory Services Comprehensive divestiture advisory services guiding private company owners and shareholders through the complete sale process, from business parameter assessment through closing, including North American target prospecting, risk management protocols, and tax-compliant strategies designed to maximize after-tax proceeds.
• Business Buy-Side Advisory Services Acquisition advisory services providing market research, risk analytics, and valuation expertise to help private equity groups and corporate acquirers identify and secure quality acquisition targets that meet their investment objectives.
• Accredited Business Valuation Reporting Comprehensive business and securities valuation services sanctioned by the CBV Institute and professional accounting bodies, covering mergers, acquisitions, divestitures, tax compliance, financial reporting, and litigation support contexts.
• Private Debt Financing and Corporate Reorganization Private debt and mezzanine financing advisory services with access to a network of high net worth investors, plus turnaround expertise for companies requiring working capital, financial restructuring, or corporate reorganization.
• Altair Capital Partners LP Private equity investment partnership targeting companies with revenues of $10MM to $100MM and EBITDA of $2MM to $20MM, seeking partnership with management leadership for future growth, expansion, and divestment.

Quantifiable outcome

• Over 50 successful divestiture transactions advised
• +1 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered supporting.

• NexGen FinancialsupportingStrategic or Co-development PartnerNexGen Financial is a boutique insurance solutions firm founded by Dann Kepford (CLU), specializing in insurance products, risk management, tax-efficient planning, owner succession strategies, and wealth transfer. Altair Capital is associated with NexGen Financial to add value to pre and post closing purchase, sale, and merger transactions.
• Bourgeois Brooke Chin AssociatessupportingStrategic or Co-development PartnerTerry Brooke (BSc, MSc, AACI, P. App) is Managing Partner of Bourgeois Brooke Chin Associates with over 40 years of real estate valuation experience. Altair Capital associates with this firm to provide professionally qualified commercial real estate appraisal and advisory competence to clients.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Crosbie & Company: Canadian boutique M&A advisory firm focused on mid-market transactions across diverse sectors. Directly comparable as a domestic boutique serving business owners and PE acquirers with similar deal-size profiles.
• Cascadia Capital: US boutique M&A advisory firm with Pacific Northwest roots serving mid-market companies. Comparable as a regional boutique with similar cross-border ambitions and senior-led deal teams.
• Evans & Evans Inc. Canadian boutique advisory and valuation firm focused on mid-market M&A and business valuation. Directly comparable in credentials-driven approach and similar transaction size profile.

Broad incumbents

• MNP LLP: Large Canadian accounting and business advisory firm with significant M&A, valuation, and corporate finance practices serving mid-market Canadian companies. Competes in the same Western Canadian middle-market with broader service range and scale.
• BDO Canada: Major Canadian accounting and advisory network with transaction advisory and valuation practices. Overlaps Altair's mid-market M&A advisory and business valuation services but with much larger scale and cross-border reach.
• KPMG Canada (Deals Advisory): Big Four firm with full-service M&A advisory, valuation, and corporate finance practices in Calgary and across Canada. Directly competes for larger mid-market mandates and benefits from global deal network.
• PwC Canada (Deals): Big Four transaction services practice providing M&A advisory, valuation, and corporate finance across Canadian mid-market. Competes for credentialed valuation and sell-side mandates.
• Deloitte Canada (M&A): Big Four M&A and corporate finance practice with deep Western Canadian presence. Competes in mid-market M&A and accredited valuation reporting with substantially greater resources.
• Grant Thornton Canada: National accounting and advisory firm with transaction advisory practice serving mid-market Canadian companies. Comparable in deal-size focus and cross-sector expertise.

Emerging players

• Signal Hill Equity Partners: Boutique advisory and investment firm serving mid-market companies across North America. Comparable in deal-size focus and senior practitioner model, though with more active investment operations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/altair_capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments12 records

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

Frequently asked questions about Altair Capital