RayQuest Holdings makes equity investments in Western Canadian private companies valued from $2 million to $5 million. While we recognize that no two businesses are alike, we take into consideration the following characteristics when we evaluate opportunities:
  • If the company has a track record of profitability and positive cash flow, with EBITDA consistently in the range of $0.5 million to $1.5 million.
  • If the company has a solid management team with extensive industry experience.
  • If the transaction is planned to be part of an exit strategy for an owner/founder, the owner is committed to working with RayQuest for a sufficient period, during which a suitable successor can be groomed.
  • If the company is reputable with good growth potential and a sustainable competitive advantage over other industry participants.


RayQuest Holdings is an equity investor in companies who require funding for capital asset financing, acquisition financing, succession planning, management buy-outs, minority interest buy-outs and divisional spin-offs.

Our focus is on oilfield products and services, small manufacturing firms and distribution businesses. We typically do not acquire substantial positions in primary resource industries (including oil and gas extraction, mining or forestry), retail establishments, real estate, early-stage companies or public companies.