Acquiring a proven Canadian industrial or healthcare business — and keeping it just that.
Our mission.
Salty Dog Industries is seeking to acquire a proven industrial or healthcare company in Canada, taking over day-to-day operations and providing it with a permanent home.
Our mission is to always do what is right for the business and its people. We have no outside investors to answer to and no fund timeline forcing a sale. Our decisions are made with decades in mind, not quarters — and when you sell your business to us, it stays sold. Show up. Do the work. Earn the trust.
What drives us.
We are buying your business because it is already good.
Our job is not to transform it or extract value from it. Our job is to steward it — to invest in your people, protect your culture, and compound what you have spent decades building.
Joel has partnered with smaller companies around the world for a decade on behalf of leading financial institutions, most recently as a Partner at an independent investment firm. This has involved extensive travel across Canada, Europe, and the USA; constantly reaffirming the fact that exceptional businesses are built on exceptional people. We invest accordingly and we strive to empower people to make decisions that are in the best interest of the business and its customers.
What we are looking for (acquisition criteria).
The company that has been doing one thing exceptionally well for decades
For the last decade, we have sought out great companies with proven track records around the world. A stable track record of positive cash generation is important to us.
The business nobody talks about at dinner parties
One that quietly manufactures or supplies a critical part, material, or service that a whole industry depends on.
Business-to-Business (B2B)
We are looking to acquire a business headquartered in Ontario that operates in the healthcare/industrial manufacturing, distribution, or logistics space.
Alignment of Values
Alignment of owner objectives with our beliefs and principles is critical. High trust, authenticity and prioritizing people.
What we are looking for… a little more detail.
EBITDA typically between $1.0mm and $2.5mm
‘Boring’ but essential
Golden Horseshoe & surrounding area
Our approach.
Quick Decisions
We will provide an initial response within 48 hours. After this, we will provide clarity and work with a sense of urgency to move forward.
Of course, we recognize this is a major decision for a business owner and if you prefer to slow down, we will work with you to set the pace!
People First
Your team has been integral to your success. We focus on investing in their future, not cost cutting.
The same goes for the community in which you operate.
Continuity
An acquired business will retain its brand that has fostered long-term relationships in its markets.
We are permanent owners of the businesses that we acquire. We don’t look to resell, we won’t take on aggressive debt, and we will keep the company’s brand.
Flexibility
We offer a flexible acquisition structure tailored to your needs. A partnership based approach can provide a mix of upfront liquidity and equity upside.
We will work collaboratively with you when you are ready to retire.
