PEStore

Growth Equity

Longbow Capital

Longbow Capital takes minority stakes in growing companies, usually without full control, from Calgary, Alberta, Canada. It states a focus on energy & utilities and environmental & safety.

Capital raised$100macross 2 SEC-filed vehicles
Most recent fund2021filing since 2014
HeadquartersCalgary, Alberta, Canada
Largest single fund$94m

Stated investment criteria

What Longbow Capital says it buys

Read from Longbow Capital’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 typesGrowth1
People listed on its team page182

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. Longbow Capital states that it will take either a controlling or a minority stake. 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 Longbow Capital to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What Longbow Capital has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed2
Total capital raised$100m
Largest single vehicle$94m
Filing history2014 to 2021
Smallest accepted commitment$50k
Filed fromCAYMAN ISLANDS

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How Longbow Capital is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusExempt reporting adviser
Regulatory assets under managementNot reported by an ERA
Private funds advised5 · $236m gross
SEC adviser numberCRD 328731

An exempt reporting adviser is not required to report regulatory assets under management, so the blank above means the question was not asked rather than that the answer is unknown. Where a figure exists it is the gross asset value of the private funds the firm advises, which is a different and usually larger measure.

Portfolio

Disclosed holdings

Companies Longbow Capital lists on its own website. 1 carry a stated investment year. 1 has a recorded transaction against it in the deal archive.

CompanyInvestedYears heldRecorded transaction
Certarus20233
Air Drilling Associates
Amped Up Power Solutions
Anegada Oil$375m 2021
Arcus Power
Aureus Energy
BLKWTR
Clir Renewables
Global Power Technologies
Lithion Power Group
Max Flow Chemicals
Mission Environmental
Moore Pipe
North West Refining
Remote Power
Spur Petroleum
United Pacific Projects
VoltaGrid

Compiled from Longbow Capital’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×

The full energy & utilities picture - most active acquirers, recent transactions and every investor in the sector.

For owners

Own a energy & utilities business?

The investors on this page acquire companies like yours. A confidential valuation costs nothing, commits you to nothing, and nobody is told you asked.

Request a confidential valuation

For investors

Is this Longbow Capital?

Claim this profile to correct anything wrong and tell us what you are looking for. We will send matching opportunities as they arise.

Claim or correct this profile

Targeted buyer search

Which hundred of these would actually buy your business?

A researched shortlist with a verified deal-team contact for each, and the reason it is on the list. Fixed fee, from $1,450 - or we make the approach for you and hand you the conversations.

See how it works

Comparable investors

Similar mandates

Other growth equity investors active in energy & utilities.