#VideoBG We are the partner of
choice for founder-owned
businesses in the Canadian
lower middle market
About Us

Rooted In Canada

Having invested $1.5 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 to $10 Million 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.

Tracey McVicar, CFA, ICD.D


Tracey McVicar joined CAI in 2003. Prior to CAI she spent 12 years in investment banking, first at RBC Dominion Securities Inc. and later at Raymond James Ltd. and its predecessor company Goepel Shields & Partners. She is currently Chair of Feeney Utility Services Group and White House Design Company Inc. and a Director of the Universal Group and Canadian Heating Products Inc. She is also a Director of Teck Resources Limited and serves on the Boards of several non-profit organizations.

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]

Curtis Johansson, ICD.D


Curtis Johansson joined CAI in 2006. Prior to CAI, he worked at RBC Capital Markets in Calgary, Alberta and London, England. Mr. Johansson is currently Chair of Canadian Heating Products Inc., Custom Air Conditioning Ltd., and Javelin Technologies Inc., and a Director of Feeney Utility Services Group. He is also a Director of Automotive Finco Corp. and The KidSafe Project Society.

Mr. Johansson received a B.Comm (Finance) 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]

Rob Wildeman, CPA, MBA, ICD.D


Rob Wildeman joined CAI in 2019. Prior to CAI he spent over 12 years at Parallel49 Equity and its predecessor, Tricor Pacific Capital where he was a Partner responsible for managing the firm's Canadian operations. Prior to joining Tricor he worked in investment banking at Citigroup Global Markets in New York and in the audit and consulting groups at KPMG in Vancouver.

Mr. Wildeman is the Chair of the Universal Group, was formerly the Chair of Tiger Calcium Services (a Parallel49 Equity portfolio company), and serves on the Board of the VGH & UBC Hospital Foundation. He was previously the Chair of Expocrete Concrete Products and a Director of Advance Engineered Products, Beresford Box, Golden Boy Foods, and Gold Standard Baking (all Parallel49 Equity portfolio companies). Mr. Wildeman has been recognized as one of the ACG British Columbia’s Deal Makers of the Year (2014) and Business in Vancouver’s Top 40 Under 40 (2009).

Mr. Wildeman received a Bachelor of Business Administration from Simon Fraser University and holds an MBA from the University of Chicago Booth School of Business. He is also a Chartered Accountant and is a holder of the Institute of Corporate Directors Director designation (ICD.D).

[email protected]

Ashton Herriott, CFA


Ashton Herriott joined CAI in 2013. He is actively involved in all aspects of the investment process, transaction execution, and monitoring of portfolio investments. Prior to joining CAI, Mr. Herriott worked in the investment banking division at CIBC Capital Markets where he was involved in numerous mergers and acquisitions, advisory mandates, and financings in both Canada and the United States. Mr. Herriott is currently a Director of Custom Air Conditioning Ltd. and Javelin Technologies Inc., and a board observer of the Universal Group, Canadian Heating Products Inc. and White House Design Company Inc.

Mr. Herriott received a B.Comm (Finance) from the Sauder School of Business at the University of British Columbia and is a Chartered Financial Analyst.

[email protected]

Trevor Riback, CPA

Senior Associate

Trevor Riback joined CAI in February 2019. His responsibilities include origination, transaction support, and portfolio company monitoring. Prior to joining CAI, Mr. Riback was an Associate at Parallel49 Equity Partners in its Vancouver office. Mr. Riback also has six years of experience working in Corporate Finance, Tax, and Restructuring at MNP and PwC.
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.

[email protected]

Peter Restler

Senior Advisor

Peter Restler is a founding partner of CAI and is based in Brooklyn, New York. Prior to CAI’s formation in 1989, he was a special advisor to Vancouver-based Inland Natural Gas in connection with its successful acquisition of the $741 million gas division of B.C. Hydro, now FortisBC. Prior thereto, Mr. Restler was involved exclusively in Canadian-US investment banking with Wood Gundy Incorporated (now CIBC Capital Markets) and Lehman Brothers.

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.

Angela Yap


Angela Yap joined CAI in 2017 and is responsible for overseeing the financial reporting and tax functions of CAI. Ms. Yap is also currently the CFO of Rogue Resources Inc. Prior to joining CAI, after starting her career at KPMG, she held senior positions in various industries, was an instructor at BCIT and served on the Financial Executives International Board. She has 20 years of accounting, taxation and management experience.

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]

Sherri Odribege

Assistant Controller

Sherri Odribege joined CAI in 2017. Her responsibilities include accounting and administration for CAI’s management group. Prior to joining CAI, Sherri Odribege has held progressively senior accounting/finance positions, over a span of over 30 years, primarily with TSXV listed mineral exploration and development companies.

[email protected]

Feeney Utility Services Group

“CAI has done exactly what they said they would do. They’ve been a great partner and have supported us at every step of the way.”

Corix Group

“Consistently, through active collaboration with their team and extensive network, CAI fully supported the successful growth of Corix.”