Wynnchurch Capital, a Chicago-based middle market private equity fund, has opened a Toronto, Ontario office which will be headed by newly hired managing director, Morty White.
Wynnchurch Capital, a Chicago-based middle market private equity fund, has opened a Toronto, Ontario office which will be headed by newly hired managing director, Morty White.
Wynnchurch Capital’s expansion into the Toronto marketplace signifies its further commitment to build a presence in Canada. Since its inception in 1999, Wynnchurch has had an office in Montreal and has been committed to investing in Canada.
The newly formed Wynnchurch Capital Toronto office will be headed by White, a Montreal native, who will focus on expanding Wynnchurch’s private equity business in Canada.
He will be responsible for sourcing new investment opportunities, as well as add-on acquisitions for existing investments.
‘I believe that it is a great time to invest in high-quality, Canadian businesses. I am excited to move back to Canada and be a part of strengthening Wynnchurch’s commitment to this market,’ says White.
Before joining Wynnchurch, White directed his own consulting practice, working with equity firms and growth companies on due diligence, operations, and investing in special situations. Recent engagements have included vice president finance for a turnaround fund, investor in a fast-growing business services company and chief financial officer for an independent print media company.
Previously, White worked for GE Capital for seven years, most recently as vice president, originating debt and equity investments. His responsibilities at GE included co-founding a private equity group focused on building GE Merchant Banking Group’s standalone investment portfolio.
‘We have invested in two very successful Canadian companies in our current portfolio, Calyx Transportation and the Surepoint Group,’ says John Hatherly, president and managing partner of Wynnchurch. ‘And we believe that having Morty on the ground in Toronto will be a catalyst to growing our business in Canada.’
