A committed capital buyer focused on one great Canadian business.
Start a conversationWe are looking to acquire one great Canadian business. Not to flip it, not to hand it off to a management team, but to roll up our sleeves and run it for the long term. Five19 Holdings is backed by a group of successful entrepreneurs and operators with hands-on experience across manufacturing, distribution, logistics, industrial services, and commercial building services. We have committed capital ready to deploy.
About CurtisFive19 Holdings is supported by experienced entrepreneurs and operators who have built, bought, and run Canadian businesses. Their judgment shapes how we evaluate opportunities and how we operate after a close.
Jim started his first business selling computers out of the trunk of his car while in university. He grew this business into a technology distributor with $350 million in annual sales. After selling to SYNNEX, he ran SYNNEX Canada and took it to $2 billion in revenue. Today he is an owner-operator who buys and runs established Canadian businesses. He purchased Danby Appliances, a Guelph manufacturer founded in 1947, from the family that had owned it for decades and leads it as CEO, and has since added Arctic Snowplows and Valcom, acquired from its owners. In each case the approach is the same, buy a business the founders built, respect what works, and keep it growing.
Along the way Jim served 13 years as a founding director of Research In Motion (BlackBerry), and between SYNNEX and Danby spent several years as an investor, board member and advisor, backing more than 150 companies and writing two books on leadership and growth. At Danby he joined the board first, stepped in as CEO when the role came open, and bought the company two years later. Under his ownership it was revitalized in under three years, with a renewed focus on product innovation and a culture that encourages employees to experiment and think differently. Valcom, the most recent addition, continues to run as a stand-alone business under its own name and management team. Alongside his business career, Jim gives back extensively to his community and runs his companies on the principle of doing the right thing. He is a member of the Order of Canada and the Order of Ontario. Jim has done exactly what Five19 sets out to do: acquire family- and founder-owned Canadian businesses, run them hands-on, and build on what their owners created.
Darryl grew up in his father's flower warehouse in Toronto, learning how product was bought, shipped, packaged and sold. As an engineering student he spotted an opportunity at a campus graduation, convinced the school to let him sell bouquets at the next ceremony, and built that into The Commencement Group, the leading graduation and commencement retailer in North America. Today he also partners with founder- and family-owned businesses to carry their legacies forward, most recently Hydrastone, a hot water tank maintenance specialist its founder built over more than 30 years.
The Commencement Group now serves more than 700 universities and colleges and thousands of high schools every year. It is a demanding operation: a compressed selling season, hundreds of venues across the U.S. and Canada, a workforce of travelling sales staff recruited and trained fresh each spring, and perishable inventory that has to be in the right place on the right morning. Running it built a deep, hands-on understanding of logistics, people and cash flow. As the business matured, Darryl began investing its proceeds in real estate, and what started as a side investment grew into a second full-time company, IN8 Developments, which he founded and leads, building high-density residential projects in Kitchener-Waterloo, Hamilton, London and Kingston. That led him to service and light manufacturing businesses that keep buildings running, and to Hydrastone, where the founder remains involved as an advisor and the long-time general manager became a partner, keeping the company and its people intact. For Five19, Darryl brings the perspective of someone who has both built an operating company from a single idea and partnered with a founder to carry theirs forward, and knows what it takes to run them well.
Michael is a professional engineer who spent his career building an environmental services business from the operating side. As Executive Vice President of the Environmental Division at Walker Industries in Niagara Falls, he sat on the Walker Executive Committee and led a group of 470 employees coast to coast in Canada, growing the division from $65 million to over $200 million in revenue. He is now an Operating Advisor at Fengate, where he serves as a Director of York1, one of Fengate's portfolio companies, and a Chair at TEC Canada, leading confidential peer advisory groups for CEOs and senior executives.
At Walker, Michael was responsible for a wide portfolio of businesses in the environmental field: composting, biosolids treatment, growing media from waste organics, grease trap and organics collection, alongside the traditional waste management services of landfill, waste transportation and logistics. Running that range of operations at once meant balancing capital-intensive infrastructure against day-to-day service work, and growing a business threefold while keeping a large, geographically dispersed workforce aligned. He specializes in business development, change management, and mergers and acquisitions. Since retiring from Walker he consults with a number of companies, serves on advisory boards, and is a TEC Canada Chair, leading two peer groups, one for CEOs and one for key executives. TEC Canada is a national executive coaching organization whose chairs convene confidential peer advisory groups where business leaders work through their real decisions together. For Five19, Michael brings the discipline of someone who has scaled an operating division inside a larger company, integrated acquisitions, and led people through change.
Five19 Holdings is backed by a group of experienced business operators who invest directly from their own balance sheets.
We have the money ready. There are no outside investors, no approvals needed, and no fundraising required. A responsible level of bank financing will also be used as part of the purchase. When we agree on terms, we can move quickly and close.
If you are considering a transition, I would welcome a confidential conversation. There is no pressure and no obligation — just an open discussion about your goals.
Considering a transition? I would welcome a confidential conversation.
Start a conversation