ASTERION
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  • Edmonton, Alberta
  • Direct investment
  • No fixed term

A partner for owners who intend to stay.

Asterion is an Edmonton firm that takes only minority stakes in established private businesses. In practice, that means you keep control and continue running the company.

Tell us about the businessRead the terms

How long we hold

Illustration, not a record

The illustration compares three timelines. The owner keeps control of the company throughout. A fixed-term fund, shown with an illustrative ten-year term, has to sell before the fund winds up. Asterion’s capital has no fixed term: its line runs past year 25 with no sale date, and follow-on capital can be added if the business earns it.

The ownerKeeps control and runs the company
A fixed-term fundMust sell before the fund winds up
AsterionNo planned sale date
A concept, not a track record. The ten-year fund term is illustrative and no performance data is shown. “No fixed term” is not a promise to hold forever: a holding is sold on its merits, if at all, at a time that suits the business. Full terms are in the investment mandate.

Ownership and timeline

Stake
Held directly
Control
Stays with the owners
Our rights
Information rights; a board or observer seat by agreement
First call
An early view on fit, from a principal
Terms
Within about eight weeks
Sale date
None set when we invest

How we work with owners

Asterion takes minority stakes and agrees its rights in writing before legal drafting begins.

  1. Minority ownership

    We take minority positions. Management of the company remains with its owners.

  2. Rights agreed in writing

    Our rights are set out in a term sheet alongside the stake and price. These are typically information rights and, where agreed, a board or observer seat.

  3. Long-term capital

    Asterion invests its own capital and has no fixed holding period. Any sale is considered on its merits and at a suitable time.

    How a deal works

Downtown Edmonton above the North Saskatchewan river valley in autumn

What we invest in

Thinking about bringing in a partner?

A few lines are enough: what the business does, where it operates and what the capital is for. The first conversation is with a principal, is confidential and carries no obligation. Advisers, lenders and accountants are welcome to write on a client’s behalf.

Send an enquiryenquiries@asterionsa.com