Founded approximately 30 years ago by Ronald N. Stern, Stern Partners is based in Vancouver, Canada, with the head offices of our independently managed operating businesses located primarily throughout North America. Stern Partners is a lead investor in a diverse range of operating companies. Currently we own 18 companies which are operated and managed independently, generating total revenues of over $1.75 billion and collectively employing 7,000 people.

We have built a reputation as a committed long-term investor dedicated to growth and value creation.  We do not generally make investments for a predetermined term or based on a fixed liquidy target.  Rather, our focus is on the quality of the business and its management – not the exit strategy.

Our Investment Philosophy

To Invest in a diverse range of industries, outstanding management, and long-term goals.

Our Investments

As every business is unique, our investments are tailored to the particular needs and circumstances of each situation. Our approach is flexible to ensure that our companies have the management and resources necessary for each phase of their growth. Our objective is to create a relationship and financial environment in which each company can optimize its development and value.

We are Business Partners

We are long-term investors, first and foremost – not operational managers. We limit our involvement in day-to-day operations, and act as a strategic resource providing financial, operational and other expertise to the management teams of our companies. We seek out management and investment partners who can add value to our companies through industry knowledge, operating experience or other specific expertise. We have a reputation as a value-enhancing business partner, basing our relationships on trust and respect for each participant’s expertise.

The Stern Partners team is comprised of experienced business professionals with diverse and complementary skills, allowing us to bring valuable perspectives to many facets of our companies’ operations and development. As warranted, our team works closely with the management teams of the companies underlying our investments.

Our Investment Criteria

We are interested in investment opportunities that can provide the basis for long-term growth and value creation, and are generally prepared to be a lead or controlling investor in such businesses.

Our primary interest is in mid-market and larger companies, although there are also several smaller companies in our portfolio of investments. We do not restrict our investments to any specific industry, geographic area or development stage. Our team has experience in a broad range of industries, including manufacturing, distribution, retailing, consumer products, technology and infrastructure service sectors.

Companies that best suit our investment criteria have many of the following attributes: a proven and committed management team that demonstrates a strong entrepreneurial spirit, operational experience and a high level of personal commitment; a proprietary product or process; a strong market, product or geographic niche with barriers to entry; and a strong relative cost position or influence over costs. We will also consider companies that have many of these characteristics, but require particular attention in order to address transitional, operational or strategic challenges.

We primarily seek out the following types of investment opportunities:

  • Sale or Recapitalization by Owners-Founders
  • Divestment and Spin-Offs
  • Capital Injection for Expansion
  • Turn-Around Situations
  • Going-Private Transactions
  • Management Buy-Out/Buy-In

The form of our invested capital is flexible and depends on the particular circumstances. We have a proven track record of equity, convertible securities, debentures, mezzanine and other investments. Our preference is for deal structures that provide substantial capital protection in addition to preserving upside potential.

Our Team

As a team, we work together to realize the vision of all our partners.

Ronald N. Stern, LL.B.

President

Mr. Stern is the founder and President of Stern Partners. He practiced law for approximately 15 years as a partner of a leading Canadian law firm, with an emphasis on corporate and commercial law and various social interest matters. Since 1989, Mr. Stern has devoted his full time to the management of his business interests.

Mr. Stern is involved in all aspects of Stern Partners’ activities and acts as the Chairman and Chief Executive Officer for some of the group’s operating companies.

Mr. Stern serves, or has served, on a variety of corporate and community boards, including the Vancouver Airport Authority, the Vancouver East Cultural Centre, the Vancouver General Hospital and University of British Columbia Hospital Foundation, the Vancouver Symphony Society, the Canadian Council for Israel and Jewish Advocacy, and Science World British Columbia.

Peter Crawford, B.Com., LL.B.

Corporate Counsel

Mr. Crawford graduated from the University of Victoria with degrees in commerce and law. In 2007, he joined the Toronto office of Stikeman Elliott LLP and was later called to the Ontario bar. Mr. Crawford moved back to B.C. in 2011 and joined the Vancouver office of Goodmans LLP and was called to the B.C. bar. Mr. Crawford’s practice focused on mergers and acquisitions, corporate finance, securities, corporate governance, technology, and general corporate and commercial law.

Mr. Crawford joined Stern Partners as Corporate Counsel in 2013. In addition to advising on legal matters for the group, he assists with acquisitions and financings, corporate governance, and on-going business matters for the group’s companies.

Shamsh Kassam, CPA, CA

Chief Financial Officer & Vice President

Mr. Kassam graduated from the University of British Columbia with a Bachelor of Commerce degree and obtained his Chartered Accountant designation while articling with KPMG. In January 1993, he joined WIC Western International Communications Ltd., which was a leading communications, broadcast and entertainment company. He held various positions, including Vice-President and Chief Financial Officer, and was involved in its acquisitions and divestitures, including due diligence and financing.

After the division of WIC’s assets as a result of a take-over, Mr. Kassam worked for CanWest Global Communications Corp., which acquired the television assets of WIC, and subsequently also acquired the Southam newspaper assets.

Mr. Kassam joined Stern Partners in 2002, and is currently Chief Financial Officer & Vice President.  In addition to supporting the financial and operational activities for some of the businesses controlled by Stern Partners, he oversees treasury functions, risk management strategy, and the group’s insurance and benefits programs, and assists with corporate development.

 

Caroline Sanche, B.B.A., CPA, CA

Director Taxation

Ms. Sanche graduated from Simon Fraser University with a B.B.A., majoring in marketing and finance. After working for two years in industry utilizing her marketing degree, Ms. Sanche joined KPMG where she obtained her Chartered Accountant designation along with a specialization in Canadian taxation.

Ms. Sanche worked in public practice as an Associate Partner, leading the Credit Union tax practice, as well as providing tax and accounting services to financial institutions, real estate, hospitality and owner managed businesses. Since 2010, Ms. Sanche has assisted private, not-for-profit and charitable entities in senior financial roles. She has experience in Canadian taxation, US taxation, International taxation, business development and planning, financial reporting, financial advisory services and corporate structuring.

Ms. Sanche joined Stern Partners as Director of Taxation in 2012. She is responsible for Canadian and International tax compliance for the group’s companies, as well as providing tax accounting and planning assistance.

Honourable Jacob (Jack) Austin, P.C., O.B.C., Q.C.

Senior Advisor - International

Mr. Austin has been active in both private and public life. He received his law degree from the University of British Columbia and Harvard Law School and practiced law in Vancouver for over 20 years in trade and commercial law, particularly in relation to China, South Korea and Japan.

In public life, Mr. Austin served as Deputy Minister of Energy, Mines and Resources, Canada, and Chief of Staff to Prime Minister Pierre Trudeau. After his elevation to the Senate, he served in the Canadian Cabinets of Prime Minister Trudeau and Prime Minister Paul Martin.

From 1993 to 2000, Mr. Austin served as President of the Canada China Business Council and from 2000 to 2003 as Deputy Chairman. He assisted in the building of a close relationship for Canada and China in commercial development.

After leaving the Senate in March 2007, Mr. Austin became a special advisor to Stern Partners. He is also Honourary Professor in the Institute of Asian Research at the University of British Columbia.

Mr. Austin was made a member of the Order of British Columbia in 2010, received The Simon Fraser University Distinguished Community Service Award in 2011, and the LL.D. (Hon) from the University of British Columbia in 2011. He also holds the Order of the Aztec Eagle, which is Mexico’s highest award to a non-Mexican citizen. In 2014,  Mr.  Austin was appointed as a Member of the Order of Canada.

Neil de Gelder, Q.C.

Executive Vice President

Mr. de Gelder joined Stern Partners as Executive Vice President in 2005, and is involved in all aspects of the group’s activities.  Prior to joining Stern Partners, he practiced law with a leading Canadian law firm for almost 25 years, with a focus on mergers and acquisitions, financings, corporate governance and financial services matters.

Mr. de Gelder is a past Executive Director of the British Columbia Securities Commission. He also serves, or has served, on a variety of corporate and community boards, including the Insurance Corporation of British Columbia, Pan American Silver Corp., Discovery Fund (VCC) Ltd., the Vancouver Board of Trade and the Vancouver Art Gallery.

Shawn Lewis, B.C.L., LL.B.

Vice President & General Counsel

Mr. Lewis is a lawyer with a broad range of domestic and international experience. After graduating from McGill University’s School of Architecture, he studied civil law and common law at McGill University.

In 1998, Mr. Lewis joined Paul, Weiss, Rifkind, Wharton & Garrison LLP, a leading international law firm based in New York. At Paul Weiss, Mr. Lewis was a member of the Mergers & Acquisitions Group and Private Equity Group. His practice focused on domestic and international mergers and acquisitions, private equity transactions and other general corporate matters. Mr. Lewis has significant experience representing private equity funds and other institutions in connection with their investments in public and private companies and other leveraged acquisition, joint venture, recapitalization, financing and liquidity transactions.

Mr. Lewis joined Stern Partners in 2004 and is Vice President & General Counsel.  In addition to overseeing legal matters for the group, he assists with acquisitions and dispositions, corporate development, corporate finance and on-going business matters for the group’s companies.

Mr. Lewis was admitted to the New York State Bar in 1999 and is a practioner of foreign law in British Columbia.

Keith Van Apeldoorn, CPA, CA

Vice President, Taxation

Mr. Van Apeldoorn has over 30 years of financial experience, primarily in the tax area. After graduating with a Bachelor of Commerce degree from the University of Saskatchewan, Mr. Van Apeldoorn obtained his Chartered Accountant’s designation while at the Calgary office of Arthur Andersen & Co. He then spent 15 years leading the tax department at a large Canadian public company with substantial real estate investments in Canada and the United States. Subsequently, Mr. Van Apeldoorn relocated to the Vancouver area and spent 5 years with a private real estate group.

Mr. Van Apeldoorn joined Stern Partners in 2001 as Vice President, Taxation. He oversees Canadian and international tax compliance and planning for the group, and assists in other financial matters, including financial management and analysis, acquisitions and dispositions, cash flow management, accounting and corporate structuring.

Yvonne Barbosa, B.Com., CPA, CA

Tax Manager

Ms. Barbosa graduated from the University of British Columbia where she received her Bachelor of Commerce degree. She then joined KPMG where she earned her Chartered Accountant’s designation.

Ms. Barbosa joined Stern Partners in 2002 as Tax Manager. She provides both tax compliance and advisory services to the tax team, as well as to the various companies in the Stern group.

Her responsibilities include preparing and reviewing various tax reporting forms and returns, assisting the team with external tax audits and performing research and analysis of tax planning issues impacting the group’s companies.

Norm Drewlo, C.M.A.

Vice President

Mr. Drewlo is an accountant with a broad financial background and extensive operational experience. He has approximately 20 years of experience as a senior executive in various distribution companies in the energy equipment, wire, cable and data products industries.

In 1983, Mr. Drewlo assumed the position of Controller at Gas Equipment Supplies (which was acquired by Stern Partners in 1992), a distribution company of propane and natural gas equipment. He subsequently held various senior management positions, including President, and helped create National Energy Equipment, which is now part of the Stern Partners group of companies.

Mr. Drewlo joined Stern Partners in 2004 as Vice President, and is involved with special projects and acquisitions and divestitures. He also assists with the financial and operational activities for some of the group’s companies.

Annette Mah, CPA, CA

Controller

Ms. Mah graduated from Simon Fraser University with a Bachelor of Business Administration and obtained her Chartered Accountant designation in British Columbia. Ms. Mah has several years of experience working in public practice with a leading national accounting firm. Her focus included Canadian tax compliance for real estate development companies and other privately held corporations.

Ms. Mah joined Stern Partners in 2006 as a senior financial accountant and became the firm’s Controller in April 2007. In addition to overseeing the daily accounting and treasury matters of the firm, Ms. Mah is responsible for the financial reporting of a number of Stern Partners’ companies.

Linda Wong, B.B.A., M.B.A.

Tax Specialist

Ms. Wong graduated from Capilano University with a Bachelor of Business Administration, specializing in Accounting. She also holds a Masters of Business Administration in Technology Management from the University of Phoenix. Ms. Wong has several years of experience working in a large service company as a Senior Tax Accountant, focusing on U.S. and Canadian tax compliance.

Ms. Wong joined Stern Partners in 2008 as a Tax Specialist. She is responsible for the preparation and filing of Canadian tax returns for many of the group’s companies.

Daniel Cairns

Associate

Mr. Cairns joined Stern Partners in 2013 and is currently an Associate. He is actively involved in acquisitions and ongoing business-related matters for the group’s companies.

Prior to joining Stern Partners, Mr. Cairns completed a master’s degree in philosophy at the University of Oxford, as well as a Bachelor of Arts from the University of Western Australia.

While obtaining his degrees, Mr. Cairns conducted lectures for undergraduates, and he has since passed Level 1 of the CFA.  Mr. Cairns also speaks French, German and Spanish.

David Eisler, P.Eng, MBA

Vice President

Mr. Eisler completed his Mechanical Engineering degree at Queen’s University in 1989, his MBA in Finance at the University of British Columbia in 1995, and is a professional engineer.

Mr. Eisler has over 25 years of business, finance and private equity experience. Prior to joining Stern Partners, he was a Managing Director for 14 years with a major private equity firm where he co-managed the firm’s two institutional funds and the acquisition, oversight and growth of a number of successful portfolio companies. Prior to that, Mr. Eisler worked in investment banking at a leading Canadian firm where he assisted clients on initial public offerings, mergers and acquisitions, and equity and debt financing’s in a variety of industries.

Mr. Eisler serves or has served on numerous community and corporate boards across a variety of industry sectors.

Our Investments

Our current investments include stand-alone businesses with annual revenues ranging from approximately $20 million to over $300 million.

Manufacturing

Paper

Alberta Newsprint Company

ANC 2

Alberta Newsprint Company (ANC) is an unincorporated joint venture owned equally by Whitecourt Newsprint Company Limited Partnership (whose general partner is a Stern Partners company) and West Fraser Mills Ltd.   Ronald N. Stern was instrumental in the development and start-up of ANC, a $400 million greenfield project completed in 1990. The ANC mill is among the lowest cost and highest quality newsprint and high bright paper manufacturers in North America.

Associated with its newsprint operations, ANC Power has recently commissioned a stand-alone, gas-fired reciprocating engine power plant capable of providing approximately 65MW of electrical power for use by the newsprint mill or for export to the Alberta power grid. The power plant will operate as a ‘peaker’ plant, being taken on-line or off as warranted by fluctuations in market power prices.

In 2013, ANC Transloading Inc. located at the ANC mill site, commenced operations with two transload facilities that provide rail access for inbound and outbound materials in West Central Alberta. The new Marsh Head transload facility, which is now under development, complements the current ANC Transloading operations adjacent to the mill in Whitecourt.

ANC Transload3 ANC POWER 3

Port Hawkesbury Paper Limited Partnership

PHP Logo 2

Port Hawkesbury Paper mill, located in Cape Breton, Nova Scotia, produces high quality supercalendered (SC) paper for use in retail inserts, magazines and catalogs. Modern equipment, in combination with effective management and a highly skilled workforce, make the mill one of the premier paper manufacturers in the world. In addition to its SC machine, the mill has three thermomechanical pulp (TMP) lines. The paper mill was purchased, completely restructured through the Companies’ Creditors Arrangement Act under a new business plan, and resumed production in 2012.

West Linn Paper Company

WLP Logo 2

West Linn Paper Company produces coated free-sheet printing paper at its mill in West Linn, Oregon, just south of Portland. It is the longest-running active paper mill and the only coated free-sheet manufacturer in the Western United States. The paper mill was purchased, completely restructured under a new business plan with a new workforce, and restarted successfully in 1997.

Packaging

Flexstar Packaging Inc.

flexlogo_02

Flexstar Packaging Inc., based in Richmond, British Columbia, was acquired in 2005 with the participation of a former manager of Sonoco Products Company and an active Vancouver investor. Flexstar manufactures custom printed, laminated, flexible roll-stock and specialty films for the consumer and industrial markets in North America. Flexstar’s products include barrier laminations for food products, plain and printed films, cold seal roll stock, foil laminations, boilable, microwavable and retortable laminates, pre-made bags and pouches, and unprinted industrial/converter film.

Horticultural Products

TerraLink Horticulture Inc.

terralink 2

TerraLink Horticulture Inc. is a leading manufacturer and distributor of crop input products for professional growers of specialty crops in Western Canada. Primary product lines include fertilizer, crop protection, forage and turf seeds, greenhouse vegetable seed, agricultural use plastics, as well as other supplies used by commercial growers.

Products are distributed directly and through a distribution network of dealers and agents. A team of qualified agronomists and service representatives provide customer support and along with soil and tissue testing, provide custom fertilizer recommendations, crop protection and information on the use of the products.

TerraLink also has a retail home and garden line, Garden Pro, that is sold exclusively through garden centres.

The main office and fertilizer blending plant is located in Abbotsford, British Columbia with distribution outlets in Delta, British Columbia and Calgary, Alberta.

Greenstar Plant Products Inc.

Print

In addition to its manufacturing operations, Greenstar Plant Products Inc. is also a wholesale distributor of garden, growing products and services, and pet supplies to commercial operators, including vineyards, landscapers, greenhouses, municipalities, nurseries, organic farms, golf courses and retail indoor and outdoor garden centers. Greenstar is based in Langley, British Columbia.

Our Investments

Our current investments include stand-alone businesses with annual revenues ranging from approximately $20 million to over $300 million.

Publishing & Printing

Newspaper Publishing

FP Newspapers Inc.

FPI 1

FP Canadian Newspapers Limited Partnership owns the Winnipeg Free Press, the Brandon Sun, as well as the Canstar Community News division (the publisher of community newspapers in the Winnipeg region).  It also owns The Carillon in Steinbach with its related commercial printing operation, Derksen Printers, and the Carberry News-Express, a weekly community paper in Carberry, Manitoba. Based in Winnipeg, the business employs over 500 people on a full-time basis in Winnipeg, Brandon, Steinbach and Carberry. Founded in 1872, the Winnipeg Free Press is the major metropolitan daily newspaper serving Winnipeg and the rest of the Province of Manitoba.

Print Basic CMYK Canstar 2       Carberry News Express 2     Carillon logo 2DP logo 2          

Printing

Westkey Graphics Ltd.

Print

Westkey provides its customers with a true ‘One Stop, One Source Print Managed Service’ across both Canada and the United States.  Westkey employs over 180 dedicated staff at its state of the art facilities in Burnaby, British Columbia and throughout its multiple locations across British Columbia and Alberta.   Westkey’s wide variety of printing capabilities, warehousing and distribution services is second to none within the industry and provides tailored print purchasing programs, which dovetail into each of its customer’s specific needs and requirements

Derksen Printers

DP logo 2

Derksen Printers was founded in 1936 as a small storefront print shop in Steinbach, Manitoba and has grown into a modern full-service printing facility meeting the needs of today’s business. Derksen has over 50 staff at a self-contained printing plant with the latest technology in prepress, digital copiers, four color presses for both sheet and UV web presses and bindery and mailing facilities. Derksen has become a specialist in short-run web printing of newspapers and flyers as well as addressing and mailing of publications.  Derksen Printing became part of the FP family in 2011.

Our Investments

Our current investments include stand-alone businesses with annual revenues ranging from approximately $20 million to over $300 million.

Distribution

National Energy Equipment Inc.

NEEI 2

National Energy Equipment Inc. (NEE) is headquartered in Mississauga, Ontario with 14 branches across Canada employing over 300 people. NEE is active in the following four primary markets:

  • Petroleum: NEE is Canada’s market leader and the largest national distributor of equipment for the downstream petroleum industry: refined fuels storage; transportation; wholesale bulk plants; commercial fuel distribution; and retail service stations. NEE provides the major oil, independent marketer, commercial and construction sectors with products from the world’s leading manufacturers.
  • Petroleum Service: NEE provides the downstream petroleum sector with maintenance, training, calibration, start-up and commissioning service for bulk plants, fleet fueling, transport trucks, commercial fuel distribution and retail service stations.
  • Propane: NEE is Canada’s leading national propane and natural gas equipment wholesale distributor. Its focus is on industrial, commercial and residential gas and propane equipment, heating products and related hardware. NEE serves propane marketers, equipment dealers and service companies with products and support for this specialized industry.
  • HVAC: NEE is a wholesale distributor of major brands of heating, ventilation and air conditioning equipment. NEE deals mainly in the residential and light commercial market place through a network of dedicated dealers and marketing channels.

Western Glove Works

WGW3

Founded in 1921, Western Glove Works is one of Canada’s largest suppliers of jeans and casual wear. Robert Silver, Michael Silver, and Stern Partners and others have been partners in Western Glove for over 34 years. Headquartered in Winnipeg, Manitoba, Western Glove designs, produces and markets its own lines of jeans carrying the “Silver Jeans”, “JAG” and “Christopher Blue” labels in Canada, the United States and Europe.

“Other companies sell jeans, make jeans or market them but we think creating jeans is a craft.” – Michael Silver, President Silver Jeans

SilverJeans_Logo 2logo (1)   Christopher Blue.j

TerraLink Horticulture Inc.

terralink 2

TerraLink Horticulture Inc. is a leading manufacturer and distributor of crop input products for professional growers of specialty crops in Western Canada. Primary product lines include fertilizer, crop protection, forage and turf seeds, greenhouse vegetable seed, agricultural use plastics, as well as other supplies used by commercial growers.

Products are distributed directly and through a distribution network of dealers and agents. A team of qualified agronomists and service representatives provide customer support and along with soil and tissue testing, provide custom fertilizer recommendations, crop protection and information on the use of the products.

TerraLink also has a retail home and garden line, Garden Pro, that is sold exclusively through garden centres.

The main office and fertilizer blending plant is located in Abbotsford, British Columbia with distribution outlets in Delta, British Columbia and Calgary, Alberta.

Greenstar Plant Products Inc.

Print

In addition to its manufacturing operations, Greenstar Plant Products Inc. is also a wholesale distributor of garden, growing products and services, and pet supplies to commercial operators, including vineyards, landscapers, greenhouses, municipalities, nurseries, organic farms, golf courses and retail indoor and outdoor garden centers. Greenstar is based in Langley, British Columbia.

Our Investments

Our current investments include stand-alone businesses with annual revenues ranging from approximately $20 million to over $300 million.

Retailing

Warehouse One Clothing Ltd.

WH1-LOGO-2

Warehouse One Clothing Ltd. is a denim and casual wear retailer offering a wide selection of jeans and fashion tops. The company operates over 120 stores across Canada, including the Yukon and Northwest Territories. Warehouse One’s headquarters and distribution facilities are located in Winnipeg, Manitoba.

Urban Barn Ltd.

Urban Barn

With over 50 stores across Canada, Urban Barn is a contemporary furniture store that offers high-quality modern furniture, home decor & accessories. Urban Barn was founded in 1990 and is Headquartered in Burnaby, British Columbia.  Stern Partners joined the founders as a shareholder in 2007.

Proudly Canadian-owned, we believe that our company culture is a big part of our success, and our customers are a huge part of that culture.

Comark Services Inc.

Comark 2

On August 20, 2015, an affiliate of Stern Partners acquired the business and assets of Comark Inc. Comark, a leading Canadian specialty fashion retailer serving customers through its 300 stores operating under the Ricki’s, Bootlegger and cleo banners, had sales of approximately $344 million in its fiscal year ended 2015.  As a result of the acquisition, Comark’s retail banners now carry on business as separate affiliates of Stern Partners. The new owners offered jobs to nearly all of Comark’s more than 3,000 employees.

Bootlegger Clothing Inc.

Bootlegger Clothing Inc.

Bootlegger was founded over 40 years ago in Vancouver, British Columbia.  Bootlegger’s mission from early on was to be the best place for jeans in Canada.  With 90 stores from coast to coast, and millions of jeans later, it continues on that path.  Bootlegger provides the best selection of jeans and everything that goes with jeans, served up with great service for young adults.  It’s this passion for great service and jeans that has grown Bootlegger to become one of the most trusted brands across Canada.

Ricki’s Fashions Inc.

Rickis

With more than 120 retail locations across Canada, Ricki’s offers clothes for the younger working woman. Ricki’s is focused on current fashion in sizes 0-18, available in store and online at Rickis.com, with an emphasis on fit, quality, versatility and service.  Through put together looks in an easy to shop atmosphere, Ricki’s makes fashion understandable, while demonstrating how to mix and match for maximum wardrobe mileage.

Ricki’s…Fashion That Works!

 

cleo fashions Inc.

cleo

Based in Mississauga, Ontario, cleo is a specialty apparel retailer, with a focus on workwear for women in both regular and petite sizing.   Its Mission is to be today’s choice in meeting women’s fashion needs, by offering styles that are flattering with a dress up/dress down versatility that gives her the value and quality she can trust, in a fun, friendly, easy to shop store.

Today cleo has 90 stores across Canada  – discover a store near you.

 

Our Investments

Our current investments include stand-alone businesses with annual revenues ranging from approximately $20 million to over $300 million.

Services

McRae’s Environmental Services Ltd.

McRaes

McRae’s Environmental Services, established in 1955, and headquartered in Vancouver, British Columbia, is a leading infrastructure maintenance and environmental services business operates throughout British Columbia, Alberta, Saskatchewan and Manitoba. McRae’s employs over 115 experienced operators and has the largest equipment fleet in its core Greater Vancouver and Vancouver Island markets with over 80 specialized vehicles providing services to a broad range of governmental, heavy construction, oil & gas, commercial, industrial, utility and institutional customers.

McRae’s offers a large, modern fleet of specialized equipment and highly trained personnel to its diverse customer base. Its main services are hydro-excavation, liquid-waste hauling & disposal, holding tank rental & service, hazardous waste disposal & management, mainline sewer cleaning and CCTV pipeline inspection.

Stern Partners became a partner with the other owners of McRae’s in 2013.

Our Investments

Our current investments include stand-alone businesses with annual revenues ranging from approximately $20 million to over $300 million.

Real Estate

Parian Capital Corporation

Parian

Stern Partners is active in real estate development and holdings through Parian Capital Corporation.  Founded in 1993 by Jim Rattenbury and Ronald N. Stern, projects are primarily focused around residential real estate development and retirement facilities, as well as commercial income properties.  Parian Capital has established limited partnerships through which its principals and network of investors can invest in its projects.  Parian is currently involved in several active developments in the Western U.S. and Canada.

Our Investments

Our current investments include stand-alone businesses with annual revenues ranging from approximately $20 million to over $300 million.

Real Estate

Parian Capital Corporation

Parian

Stern Partners is active in real estate development and holdings through Parian Capital Corporation.  Founded in 1993 by Jim Rattenbury and Ronald N. Stern, projects are primarily focused around residential real estate development and retirement facilities, as well as commercial income properties.  Parian Capital has established limited partnerships through which its principals and network of investors can invest in its projects.  Parian is currently involved in several active developments in the Western U.S. and Canada.

Services

McRae’s Environmental Services Ltd.

McRaes

McRae’s Environmental Services, established in 1955, and headquartered in Vancouver, British Columbia, is a leading infrastructure maintenance and environmental services business operates throughout British Columbia, Alberta, Saskatchewan and Manitoba. McRae’s employs over 115 experienced operators and has the largest equipment fleet in its core Greater Vancouver and Vancouver Island markets with over 80 specialized vehicles providing services to a broad range of governmental, heavy construction, oil & gas, commercial, industrial, utility and institutional customers.

McRae’s offers a large, modern fleet of specialized equipment and highly trained personnel to its diverse customer base. Its main services are hydro-excavation, liquid-waste hauling & disposal, holding tank rental & service, hazardous waste disposal & management, mainline sewer cleaning and CCTV pipeline inspection.

Stern Partners became a partner with the other owners of McRae’s in 2013.