Key Takeaways
- • Three Valleys Capital (TVC), a private investment firm focused on small and mid-sized businesses in the United States and Canada, announced its official launch, led by Managing Partner JP Gauthier.
- • TVC targets investments in services, healthcare and specialty industrials businesses generating $2–10 million of EBITDA, favoring companies with proven offerings and strong customer retention.
- • The firm's roots trace to Claude Gauthier's 1978 founding of an infrastructure services business in Quebec, which grew through more than 15 acquisitions into a group with 4,000+ employees before the family sold its businesses to strategic buyers between 2015 and 2020.
- • JP Gauthier previously worked at Goldman Sachs, Tenex Capital Management and Five Arrows, Rothschild & Co's alternative assets arm, where he most recently served as Principal.
- • TVC offers owners a meaningful liquidity event while allowing them to retain a meaningful economic stake, using the proprietary TVC Operating System to build institutional capabilities.
Summary
TVC targets investments in services, healthcare and specialty industrials businesses generating $2–10 million of EBITDA. The firm focuses on companies with proven offerings and strong customer retention, where additional capital, management depth, processes and systems can help an already successful business scale.
The firm's roots trace back to 1978, when Claude Gauthier, an electrician, founded an infrastructure services business in Quebec, Canada. Alongside his sons, he grew the family's holdings through more than 15 acquisitions into a group of more than 4,000 employees spanning infrastructure services, construction materials, aerospace & defense, retail and leisure. Between 2015 and 2020, the family sold its businesses to strategic buyers and established a family office.
JP Gauthier began his institutional investing career at Goldman Sachs and later invested at Tenex Capital Management and Five Arrows, Rothschild & Co's alternative assets arm, where he most recently served as Principal. TVC's formation was supported by Isabelle Nichols, formerly of Bridgewater and the Dell Family Office. The firm operates with a focused investment team supported by a broader bench of experienced executives, operators and advisors across its focus industries.
TVC positions its model around owners who want more than a transaction, whether they intend to continue leading day-to-day or step back into an advisory role. Owners typically retain a meaningful economic stake, while TVC works alongside management to preserve culture and build the infrastructure required to scale. Through the TVC Operating System, the firm offers institutional capabilities spanning strategy and performance, talent and culture, offering optimization, sales engine, processes and systems, and growth as well as M&A. In announcing the launch, JP Gauthier said, "Our family went far on our own, but the right partner could have taken us even farther."
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