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Buyout PE

InstarAGF Asset Management

InstarAGF Asset Management acquires controlling stakes in established, profitable businesses, from Toronto, Canada. It states a focus on energy & utilities, transportation & logistics, construction and agriculture.

Disclosed holdings18
Earliest stated investment2016
HeadquartersToronto, Canada
Largest single fundNot stated

Stated investment criteria

What InstarAGF Asset Management says it buys

Read from InstarAGF Asset Management’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Transaction typesAdd-on1
People listed on its team page222

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. The team figure counts the people the firm shows on one team page, so it is a floor rather than a headcount: firms that split their team across tabs or load it in pages will read low. Nothing here is a commitment by InstarAGF Asset Management to consider any particular business, and nothing on this page is represented as being for sale.

Portfolio

Disclosed holdings

Companies InstarAGF Asset Management lists on its own website. 12 carry a stated investment year.

CompanyInvestedYears heldRecorded transaction
Steel Reef201610
Skyservice20179
AMPORTS20188
Creative Energy20188
JET Infrastructure20188
Nieuport Aviation20197
Pilot Water Solutions20197
Lightspeed Networks20215
Okanagan Wind20215
PRT20215
Windmill Farms20224
Groupe Somavrac20251
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airport
lsnetworks.netfiber optic cable ends
mushrooms
pipeline
pipes

Compiled from InstarAGF Asset Management’s published portfolio page. Where a recorded transaction is shown, that company was the target of a reported deal and has most likely already been realised. Nothing here is represented as being for sale.

Valuation context

Transaction values in Energy & Utilities

What companies have actually sold for in energy & utilities, across 584 recorded transactions.

Median consideration$180m
Middle 50%$45m-$420m
Revenue multiple1.4×
EBITDA multiple7.1×

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