Backer North Investments Strengthens the Advisory Team

Toronto, ON – August 12, 2024 — Backer North Investments (“Backer North”), a lower middle market private equity independent sponsor, announced today that George Stefanovic, CFA, a mid-market private equity and financial risk management veteran, joined Backer North's advisory team.

V. L. "Vlaad" Gajic, Managing Partner at Backer North, said, ​“We are thrilled to announce that Mr. Stefanovic joined Backer North's advisory team. He is a highly sought-after consultant with 25 years of industry experience across several major financial institutions. His areas of expertise include mid-market private equity, financial risk management, valuation, portfolio management, structured credit, and the application of quantitative methods in the financial sector. We extend a warm welcome to Mr. Stefanovic, who is an invaluable transaction advisory and financial risk management resource to us.”

“I take great delight in joining Backer North as an Advisor,” commented Mr. Stefanovic. “Since the beginning, I admired how Mr. Gajic tirelessly built Backer North from the ground up on a foundation supported by three pillars - Fairness, Trustworthiness, and Flexibility. Backer North's growing team brings the highest level of professionalism combined with deep and diverse operating and finance experience rarely found in the lower middle market.”

About Backer North:
Backer North Investments, headquartered in Toronto, Canada, is a lower middle market private equity independent sponsor. Its strategy is to partner with Canadian companies with significant growth and profit improvement potential. With a strong capital partner network of several prominent Canadian banks and hand-picked top-notch private equity funds, family offices, and high-net-worth individuals throughout North America, Backer North pools its partner’s capital to finance buyouts deal-by-deal.

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