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Parallel49 Equity

Candidate organization from the investor people list; verification pending.

Key details

Profile type
Organization
Geography
Canada
Stage
Not publicly stated
Sector
Not publicly stated
Founder groups
Not publicly stated
Last verified
Aug 29, 2026

About Parallel49 Equity

Parallel49 Equity is a leading private equity firm that invests in profitable, well-managed, lower middle-market companies in the United States and Canada. Since 1996, the firm and its predecessor, Tricor Pacific Capital, have managed over C$1.2 billion of investor capital. Parallel49 Equity is currently investing its fifth fund with C$400 million of committed capital.\\Parallel49 Equity invests in businesses with EBITDA between $5 million and $30 million in three industry sectors: specialty manufacturing, business services and value-added distribution.\\The name Parallel49 Equity signifies the firm's roots and presence on both sides of the 49th Parallel, which connects the United States and Canada. It is a reference to the firm's long history of successful investing in middle-market companies across North America. It also reflects the value proposition Parallel49 Equity has pursued since inception – leveraging the team's deep transaction experience and relationships throughout North America to help middle-market companies thrive and grow on both sides of the border. \\For more information, visit www.p49equity.com.

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