Company Overview
Foundation Markets Inc. is a prominent investment and merchant banking firm based in Toronto, Canada. Founded in 2005, the company specializes in delivering comprehensive corporate finance advisory services, mergers and acquisitions, equity and debt financing, and investment banking. Its focus primarily lies on the micro-cap and small-cap markets. Foundation Markets functions as an Exempt Market Dealer across Ontario, British Columbia, Alberta, and Quebec, facilitating transactions in Canada’s exempt market, where certain securities are traded without a prospectus.
Location and Contact Information
- Address: 77 King Street West, Suite 2905, P.O. Box 121, Toronto Dominion Centre, Toronto, ON M5K 1H1
- Phone: (416) 777-7300
- Fax: (416) 777-6199
- Email: info@foundationmarkets.com
Financial Overview
Foundation Markets reports an estimated revenue of $13 million and is supported by a team of 12 employees. The firm has played crucial roles in significant financial transactions, acting as a lead or co-lead agent:
- $19.7M Equity Private Placement (Co-Lead Agent)
- $5.8M Equity Private Placement (Syndicate Member)
- $1.0M Convertible Debenture (Lead Agent)
Executive Leadership
- Adam Szweras: Chairman and Founder. He is a seasoned lawyer partnered with the Securities Law Group of Fogler, Rubinoff LLP. Since the company's inception in 2006, he has spearheaded various strategic initiatives.
- Peter Bilodeau: President and CEO. A versatile executive known for new business development and strategic planning, emphasizing the commitment to long-term growth and client success.
- Alex Storcheus, CFA: Managing Director, Corporate Finance. Since joining in 2010, Alex has been key in executing corporate finance mandates, alongside leading financial advisory activities, mergers, acquisitions, and public offerings.
- Josh Szweras: Dealing Representative. Joining in 2022, Josh is focused on fostering new investor relationships and expanding the firm's outreach.
Strategic Focus and Expertise
Foundation Markets emphasizes a client-centric, hands-on approach, fostering rapid growth and business incubation. Leveraging capital and market expertise, it provides unbiased, strategic capital solutions to clients, targeting industries like natural resources, cannabis, bioscience, technology, and real estate. With a global network spanning North America, South America, and Asia, the firm boasts diverse industry insights and robust market connections. For detailed services and transaction reports, contact Foundation Markets at info@foundationmarkets.com.
Competitor Profiling
Overview
Operating in Ontario, Foundation Markets is a key player within the financial services sector, focusing on corporate finance and investments to enhance shareholder value through various financial solutions.
Competitors
Foundation Markets encounters competition mainly from peers in the financial services and investment domains. Key competitors include:
- GreenBank Capital Inc.: A corporate finance investment entity focused on public listings, pre-IPO funding, and mergers in small-cap Canadian publicly listed companies. It diversifies into sectors such as software development and mineral exploration.
- Fountain Asset Corp.: A merchant banking company offering debt and equity finance solutions for small and mid-sized North American companies. Known for aligning with strong management teams, it generally takes an active advisory role with investments ranging from $500k to $50 million.
- Quinsam Capital Corporation: This investment and merchant banking firm invests in growth sectors like technology, healthcare, mining, e-sports, and cannabis, implementing comprehensive strategies across diverse markets.
Strategic Implications
The competitive landscape necessitates differentiation for Foundation Markets within the financial services sector. Opportunities include leveraging its Ontario base to capitalize on regional strengths and engaging with emerging companies requiring custom financial solutions. Understanding competitor strategies allows Foundation Markets to either align competitively or explore niche markets and underrepresented industries in its investment repertoire.
