The Shotgun Fund is a private equity fund that invests in small and medium sized owner-managed businesses.
We start by stepping into the shoes of departing partners, shareholders or other stakeholders.
We have been the leading investment firm in solving shareholder disputes in Canada for over 20 years.
As part of our private investment partnership, we:
Upon becoming your new equity partner, we:
As part of our private investment partnership, we:
Upon becoming your new equity partner, we:
We don’t waste your time – we qualify the situation on the phone.
We have a meeting, hear your story and determine if it’s a good fit.
If it’s a good fit, we start reviewing due diligence documents.
If the information is compelling, we go to a purchase agreement while concurrently performing further, intensive due diligence.
As soon as the document review is completed, we work towards closing the transaction. This can happen in under 30 days from the first call.
I started Carego (formerly Steelcare) with a three way partnership.Our planning was often frustrated by our different views of the future.
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Demetrius Tsafaridis,
Founder and CEO
As this partnership was dissolving, I was introduced to Richard at The Shotgun Fund in 2002. The Shotgun Fund offered an attractive alternative to the partnership model I was in, allowing me to run the business more effectively and also giving me quick access to sound strategic advice from a small board of directors. Richard and his partners moved quickly and did what they said they were going to do every step of the way. As patient investors with a long term view to building value, Shotgun Fund’s partners were actively involved with our team in reviewing all the new business initiatives we pursued that were consistent with our evolving strategy. Although like all businesses we faced challenges over the 14 years we were in partnership with The Shotgun Fund, they worked with me and our team to overcome them. As partners we worked together to ultimately sell the business at the right time for a strong return.
I was introduced to The Shotgun Fund 18 years ago while having a “shotgun clause” triggered against me and my family by former partners / shareholders.
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Louis Bibeau,
President and Former CEO 
Richard and his team at The Shotgun Fund responded quickly to that situation by buying out the other shareholders. The Shotgun Fund became my new partner. We created a lot of value together over the last 18 years, culminating in a successful sale of the business in the Fall of 2018. As well as being patient investors, Richard and his partners helped form Logistik’s strategy, supported and structured important new ventures and acquisitions, helped recruit senior managers and board members, and identified new investors. Richard was a valuable contributor on the Board for those 18 years, and more importantly, a supportive partner for me and my family and our team, through both good and challenging times. The Shotgun Fund’s support as a long-term oriented partner helped contribute to our growth and success.
I first met Richard and Jim in 1999 when I needed assistance on how to work my way through a partnership dispute.
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Michael Desnoyers,
President and Former CEO 
The Shotgun Fund moved quickly and decisively, and we had a successful relationship from 2000 to 2017, building a company with a lasting legacy. As partners they had a long-term view on setting strategic plans and priorities, and shared our vision of investing to achieve future growth. The Shotgun Fund was actively involved with the acquisition of our Chinese manufacturing subsidiary, which was a material inflection point for the growth of Etratech. We worked closely with Richard and Larry on building out the management team, and then on the sale of Etratech, achieving a strong result for all shareholders.
Read about some of The Shotgun Fund’s past investment cases that were triggered from a shotgun clause. These stories highlight the agility, speed and ability of The Shotgun Fund®. We help business owners who are facing buy-sell agreements, either pulled by them, or triggered against them, with private equity funding.
