Industrialized Execution for Canadian B2B Services.

As a "bilingual" (tech + finance) independent sponsor, we acquire profitable, niche service businesses and realize the value of their nascent tech seeding—the proprietary internal tools and specialized workflows that traditional markets fail to price correctly.

We bridge the gap between stable service-business cash flow and technology-multiple exits. We are not venture capital; we focus on realized assets.

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The Value Disconnect in the Lower-Middle Market

The Canadian lower-middle market contains significant unpriced value: profitable, niche service businesses whose proprietary internal technical innovations remain unvalued by traditional capital sources.

  • Generalist Private Equity (PE): Frequently mischaracterizes proprietary internal tools as "technical debt" or unnecessary operational overhead.
  • Venture Capital (VC): Disregards the stable cash flow of "bricks and mortar" service firms in favour of speculative software hypotheses.

Backer North bridges this gap by applying a "bilingual" (tech + finance) lens to protect the service legacy and realize the value of nascent tech seeding.

Low High High
Services Intensity
TECH SOPHISTICATION
PE
VC
COMMODITIZED
SERVICES
BACKER NORTH

The "Rental Properties" vs. Moonshots

Risky
Moonshots

Most tech investing is a bet on a hypothesis.
This includes unproven software, crypto, and AI.
These models burn capital. They offer zero yield.
It is a binary gamble on luck.

Safer
Quality "Rental Properties"

We buy profitable service businesses with protected cash flow.
Operating profit pays acquisition debt like rent pays a mortgage.
We productize their nascent tech seeding to realize multiple expansion.
This is a yield play.

We acquire stable cash-flowing service businesses and "renovate" them into high-multiple technical assets.

Industrialized Technical Triage

We manage a proprietary pipeline of 108 targets across seven service verticals. We use a clinical, three-step process to de-risk acquisitions and realize unpriced value.

108 PRE-VETTED TARGETS
22 Logistics
& Customs
20 TPA /
Insurance
18 Testing
Labs
16 Elevator
Service
12 Condo
Management
11 Fire &
Life Safety
9 Environmental
Consulting

I. Scientific Audit

We audit code integrity and scalability before committing capital. Our technical board identifies software assets that generalist buyers miss. This eliminates technical risk at entry.

II. Valuation Discipline

We target profitable niches with a stable cash-flow floor. We maintain strict entry discipline at service-sector multiples. We do not pay venture premiums for realized revenue.

III. Strategic Re-rating

We productize nascent tech seeding into scalable software platforms. This transitions the asset to a technology-multiple valuation. We build alpha through engineering, not speculation.

The Technical Triage Board

Fiduciary oversight and technical validation. A multi-disciplinary circle of practitioners. We eliminate selection risk by auditing every asset through two lenses: Institutional Finance and Scientific Systems.

Vlaad Gajic

Vlaad Gajic, MFin

Managing Director
MFin FOUNDER
12+ Years IBM Rigour | Institutional Finance
Architect of the Three-Stage Triage process. Expert in capital structure and operational efficiency. Vlaad translates technical enablements into acquisition multiples.
George Stefanovic

George Stefanovic, CFA

Institutional Risk
CFA SEED INVESTOR
CFA Charterholder | 25+ Years Asset Modeling
Specialist in institutional risk control. He stress-tests valuations to ensure downside protection. George manages capital preservation for the facility.
Ivica Kostanic

Ivica Kostanic, PhD

Technical Triage
PhD SEED INVESTOR
PhD Electrical Engineering | Technical Validation
Scientific-grade auditor of technical assets. He leads research-based due diligence. Ivica verifies the scalability and security of every technical asset.
Veljko Vidovic

Veljko Vidovic, MEng

Systems Architect
MEng SEED INVESTOR
Master of Engineering | Systems Architecture
Expert in productization and SaaS transition. He transforms manual service workflows into automated platforms. Veljko builds exit-ready software architectures.

We are supported by a Tier 1 tranche of technical operators and are currently inviting Tier 2 tranche leads with institutional rigour to anchor our Execution Facility.

The Next Step

We are closing the initial $200k CAD Execution Facility. These funds secure the final roadmap for our first platform acquisition.

If this alignment strikes you as a "Hell, Yeah!", schedule a 30-minute walkthrough. We will provide our Pitch Deck and Executive Thesis. Qualified partners receive access to our secure Investor Data Room.

Schedule a 30-Minute Walkthrough