Rooted In Canada
Having invested $1.6 billion in private equity over three decades, CAI has partnered with companies across North America. We are focused on Canada, a region where our connectivity offers a definitive edge.
Our longstanding Canadian roots make us alive to the possibilities in the Canadian lower middle market and a phone call away from the experts and partners who can accelerate growth for each of our portfolio companies.
Our Approach
Relationships Matter
In Canada’s close-knit business community, the reputation and relationships we’ve developed are among our greatest assets. We are Canadian – respectful in our approach, open in our thinking, and dogged in our determination.
Many of the past and present founders of portfolio companies in which we’ve invested trust us to manage their personal capital. Their endorsement speaks for itself.
Our Focus
Building Market Leaders
Our sustainable approach to value creation has led to substantial EBITDA growth across our portfolio companies. We seek control positions in founder-led businesses where we can drive growth by adding talent, professionalizing processes, investing in infrastructure, and identifying expansion opportunities.
Investment Criteria

$3 million or more of EBITDA

Founder owned / led business

Business services or specialty manufacturing

Willingness to take a control investor

No prior institutional equity

Canadian presence (preferred)
Our Team
There’s no substitute for experience and no shortcut to expertise.

Mr. Johansson received a B.Comm from the Haskayne School of Business at the University of Calgary and is a holder of the Institute of Corporate Directors Director designation (ICD.D).
[email protected]
604-694-2527

Ms. McVicar has been recognized in Canada 150 Women (2017), 50 Most Influential Women in BC – BC Business (2015), WXN Canada’s Most Powerful Women – Top 100 (2014), Influential Women in Business Award – Business in Vancouver (2009), Association of Women in Finance PEAK Awards (2008), and Business in Vancouver Top 40 Under 40 (2007).
Ms. McVicar received a B.Comm (Finance) from the Sauder School of Business at the University of British Columbia. She is a Chartered Financial Analyst and is a holder of the Institute of Corporate Directors Director designation (ICD.D).
[email protected]
604-694-2525

Mr. Herriott has been recognized in Business in Vancouver Top 40 Under 40 (2023).
Mr. Herriott received a B.Comm (Finance) from the Sauder School of Business at the University of British Columbia. He is a Chartered Financial Analyst and is a holder of the Institute of Corporate Directors Director designation (ICD.D).
[email protected]
604-637-1288

Mr. Riback received a B.Comm (Accounting) from the Sauder School of Business at the University of British Columbia and is a Chartered Professional Accountant (CA).
[email protected]
604-637-1289

Mr. Black received a B.Comm (Finance) with First Class Honours from the Smith School of Business at Queen’s University.
[email protected]
604-637-1294

Mr. Lee received a B.Comm (Accounting) from the Sauder School of Business at the University of British Columbia and is a Chartered Professional Accountant.
[email protected]
604-674-9748

Ms. Yap received a B.Comm from the Sauder School of Business at the University of British Columbia. She is a Chartered Professional Accountant (CPA-CA).

[email protected]
604-637-3411

Mr. Restler transferred leadership of the firm to Tracey McVicar in 2015 and is involved in the wind-up of CAI Fund III and CAI Fund IV.
Mr. Restler received a B.S. from the Wharton School of the University of Pennsylvania.