About Penfund
Penfund is a private equity firm founded in 1979. It is primarily based in Toronto, Canada. As of Apr 2026, Penfund is an active investor with a portfolio of 34 companies, comprising 34 funding rounds and 2 acquisitions. In the last 12 months, it has participated in 1 funding round. The firm primarily invests in companies based in United States and Canada. Its portfolio is spread across a wide range of sectors from Healthcare to Auto. Its latest investment was a $***** Conventional Debt round in Dermatologists of Central States on Mar 04, 2026
Overall Penfund portfolio has seen 2 IPOs and 19 acquisitions, namely Keurig, Mister Car Wash and Aveanna.
Penfund has a team of 16 people, including 5 partners.
Key Metrics
Founded Year
1979
Location
Toronto, Canada
Portfolio Companies
Portfolio Sectors
Portfolio Locations
Acquisition Deals
Investment Deals
Penfund's Portfolio
Penfund has a portfolio of 34 companies. They have invested in a total of 34 companies. Their most recent investment was in Dermatologists of Central States (Conventional Debt round) on Mar 04, 2026. Here are the most recent investments by Penfund:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Mar 04, 2026 | Conventional Debt | 3323 | - | |
Dec 15, 2023 | Conventional Debt | 8335 | - | |
Jan 06, 2022 | Conventional Debt | 7145 | - | |
Oct 13, 2021 | Conventional Debt | 5232 | - |
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Penfund has acquired 2 companies. Their most recent acquisition was of SureWerx on Jan 04, 2023. Here are the most recent acquisitions by Penfund:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Jan 04, 2023 | Manufacturer and supplier of professional grade tools, equipment and safety gear | - | 1957 | |
Dec 05, 2012 | Provider of environmental consulting services | - | 2003 |
Here is the portfolio snapshot of Penfund:
Investments by Year
The maximum number of investments were made in 2021
Portfolio by Location
Companies are primarily in United States and Canada
Portfolio by Sector
Companies are primarily in Healthcare
Team profile of Penfund
Penfund has a team of 16 members including 5 Partners and 5 Principals located in Canada. Penfund's team does not sit on the board of any company as of now.Here is a list of top team members in Penfund:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Canada | - | ||
Partner | Toronto | - | ||
Partner | Toronto | - | ||
Partner | Canada | - | ||
Partner | Toronto | - | ||
Principal | Toronto | - | ||
Principal | Canada | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - | ||
Principal | Toronto | - | - | |
Associate | Toronto | - |
Penfund News
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Penfund Announces US$205 million Investment in DOCS DermatologyBNN Bloomberg•Mar 04, 2026•Dermatologists of Central States, Penfund
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Penfund Announces Final Close of $1.8 Billion Senior Debt FundGlobeNewswire•Apr 23, 2025•Penfund, Placemore Capital
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TorQuest Partners acquires Mevotech from PenfundPE Hub•Jul 16, 2024•TorQuest Partners, Mevotech, Penfund
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Penfund Announces Strategic Minority Investment by Bonaccord Capital PartnersGlobeNewswire•May 04, 2022•Penfund, P10
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Penfund Announces Additional Investment in Arrowhead Engineered ProductsGlobeNewswire•Mar 30, 2022•Arrowhead Electrical Products, Penfund
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Mariner Wealth raises $75M to fuel acquisition spree in 2022One News Page•Jan 11, 2022•Mariner Wealth Advisors, Penfund
