Working Together
From one unique business founder to the next, an OpenDay Ventures partnership presents different benefits to each founder.
Explore how we add value as an automotive industry-specific equity partner.
Private Equity Options
Expertise & Patience
Leadership
Growth Strategies
Private Equity Options
Business founders look to private equity firms like OpenDay for funding and specialist expertise to expand their business or prepare for a strategic exit. Unlike conventional funding sources such as banks, private equity firms provide business strategy and growth structure in exchange for an equity stake in the company.
At OpenDay Ventures we are a Richmond BC based private equity firm focused on growth in the automotive and broader mobility sector. We understand the will of the founder and are flexible in terms of partnership structures for founders. We add value as a funding and strategic partner. You are the expert in your business operations, we are here to scale your profitable growth. Yet of course, there are founders who have created a successful business and are looking for an exit as they enter retirement. It’s the motivation of the founder that drives the conversation forward.
Connect with us for a conversation about your business over coffee - its our preferred way to start. Our door is always open.
Equity share flexibility
Choose the pace at which our business partnership discussions develop. Equity share is not always needed to get start a relationship started. Together, let's make decisions on how our investment influences your business objectives.
Whatever the size of our commitment, we will want to play a role in the company's future direction. This is important to us to stay engaged.
Interest free capital
When we choose to become an equity partner, we believe in you, your team and your business potential.
With equity investments under $2M, we do not laden the business with any interest debt. We free up this obligation to focus on investing in activities that will drive profitable growth.
Deal complexities managed
We have allocated capital to support specific equity partnerships within our Fund1. However, if an opportunity arises outside this fund focus or your growth plans require diverse partners, our reputation enables us to assemble a group of investors capable of addressing the business opportunity.
Expertise & Patience
We provide both capital and management expertise in exchange for an equity position in your company. Our most successful partnerships are formed with seasoned and enthusiastic business founders who appreciate the value we bring to the table to propel their business to new heights.
If your primary goal is access to capital without the added partnership elements, we might not be the ideal match. Our strength lies in delivering a more sustained and enduring return on investment when we actively collaborate with founders and their teams to elevate the business to the next level.
We bring new competencies
A business growth team backs our capital investment in your business.
We invest in human capital and practices at our firm to deliver on the business growth objectives. We have in-house and consultant talent to manage the business growth deliverables.
Let’s make a plan
We want to grow your business, which requires adding new ideas to your vision for the business.
Our approach to planning is inclusive, market and profit-driven. We are worldly and patient planners and will devise a plan and energize the team to deliver.
You will see new opportunities
With a bigger growth horizon, new markets, products and customers will be uncovered for your business to serve.
We look to invest in platform companies and scalable businesses to grow the business and market potential.
Leadership
Business founders are inherently entrepreneurial and deeply invested in the success of their ventures. Your vision and persistence to perform has been pivotal to your achievements. Those who choose to partner with OpenDay Ventures are poised for a new chapter in their business journey.
Every founder we engage with is contemplating the next phase of their business. Some are prepared to expand their team, enhance sales potential, and bolster their management roster, while others may be approaching retirement and gearing up for a strategic sale.
We contribute practical and relevant leadership competencies to your business, aiding you in articulating the vision for the next chapter for both you and your team.
Growth Strategies
The fourth pillar of our support for you and your business is where business founders quickly recognize the value we bring. Many of the competencies we offer are not necessarily your core skills, or they involve activities that you and your team may lack the time or expertise to execute effectively for business growth.
As a growth equity specialist firm, we like to invest in businesses with market traction, boast repeat customers, and hold a defensible position in a promising market segment. It is these businesses we observe the most favourable and profitable growth outcomes for both the business founders and OpenDay Ventures.
Our approach to partnership and growth is unique to every business. We welcome the opportunity to connect with you to determine if our growth and equity investment strategies align with your business's specific needs and aspirations.
Let’s chat about your business growth plans
Ben Lovie
President
OpenDay Ventures Ltd.