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FINANCE
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Founders Advantage Capital
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experience, Reid says the way to partner with
targeted companies is to allow its manage-
ment team to continue to run the business
because they are the industry experts within their
particular realm. Reid and his executive team at
FA Capital then build a board of directors and
invite those company executives onto the board,
where the investment is controlled.
“That became the genesis for how we
bought and held a series of investments,”
remarks Reid. “Giving management the working
capital they need and having more patience in
waiting for money and sharing with management
on a 50-50 basis has been our formula for quite
some time and has worked extremely well.”
It did not take long before Reid found there
was a very large inbound of offerings of com-
panies coming through North America’s most
trusted advisors and accounting firms. The
main conundrum for certain company owners
“Giving management the
working capital they need
and having more patience in
waiting for money and sharing
with management on a 50-50
basis has been our formula
for quite some time and has
worked extremely well.”
Stephen Reid,
President & CEO, FA Capital
Stephen Reid, President and CEO
Harpreet Padda, Senior Vice President &
Co-Head, Investments
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