Equicapita Update – BMO Finds Owners Concerned About Being Able to Retire from Businesses

Calgary, Canada, November 12, 2014 --(PR.com)-- A recent BMO Wealth Institute report “Entrepreneurs: Definitely Not Your Ordinary Business Owners” found that 60% of Canadian business owners are concerned with being able to retire from their business - other top concerns included handling the business if a key employee quits or leaves (47%) and managing business succession planning (39%). Sixty percent of the business owners in the survey were older than 50 with 11% older than 65.

Stephen Johnston, a Director of Equicapita, stated, “succession planning for boomer business owners is a pressing issue. Selling a business requires plenty of advance planning and work in order to achieve an appropriate valuation.”

Director Mike Cook continued “Part of the appeal of Equicapita is that we are an ideal partner for a business owner seeking a way to exit a business but for his legacy to continue. Our strategy is to acquire stable, cash-generative businesses with solid operating track records and once we have found an attractive businesses we typically want to hold it indefinitely. The current employees are a key part of our go-forward strategy with any company.”

Equicapita is a private equity buyout fund based in Calgary, Alberta. The fund is focused on acquiring private, western Canadian businesses with enterprise values ranging from $5 million to $20 million. The fund is an RRSP eligible investment vehicle that streams the cash flow from private operating companies to its investors on a priority basis.

This news release may contain certain information that is forward looking and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words "anticipate," "expect," "may," "should" "estimate," "project," "outlook," "forecast" or other similar words are used to identify such forward looking information. Those forward-looking statements herein made by Equicapita, if any, reflect Equicapita's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those anticipated or predicted in these forward-looking statements, and the differences may be material. Factors which could cause actual results or events to differ materially from current expectations include, among other things: risks associated with the ownership and operation of businesses, including fluctuations in interest rates; general economic conditions; supply and demand for businesses; competition for available businesses; changes in legislation and the regulatory environment; and international trade and global political conditions. Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release (if any), which is given as of the date it is expressed herein. Equicapita undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise.