3Fold Capital
Your Partner in Succession
Partnering to Build on the Success of an Established Business
3Fold Capital is an entrepreneurial private investment firm dedicated to identifying, acquiring, and operating a business within the Energy industry in Western Canada. Our mission is to offer a rewarding succession opportunity for an owner/operator who has invested years of dedication and care into building an outstanding business.
Investment Focus
3Fold is focused on finding businesses which meet the following criteria:
Industry: Serving the Energy industry
Size: $2 to $10 million in EBIDTA
Geography: Head office based in Western Canada
Characteristics:
-Mature, stable, consistent cashflow
-Robust performance through the cycles
-Low customer concentration
-Strategic growth opportunities
Ownership: Owner / operator seeking to retire or step back from active management of the business
Our Approach
Our approach to managing a business centers on a three-fold focus to honor the owner’s legacy and guide the business through its next phase of growth
People
Exceptional business results stem from a team that feels valued and engaged. We prioritize treating employees with respect, fostering openness and honesty, and empowering them to succeed. This commitment cultivates a workplace where people are motivated and eager to contribute.
Purpose
Energy is the cornerstone of human progress, powering our cities, industries, and connections. We take pride in our role within the energy sector, contributing to the delivery of safe, reliable, and affordable energy.
Profit
Our goal is to run a successful and thriving business. This involves meticulous execution of daily operations and the thoughtful pursuit of growth opportunities. We believe that great teams aspire to excel and achieve success, making the journey of business both rewarding and enjoyable.
Investors & Advisors
3Fold has assembled a group of long-term investors, business operators, and functional experts to bring deep expertise to our team. Our investors have patient capital and are eager to build enduring businesses that generate value over the long term.
About the Principal
An Experienced Business Leader and Entrepreneur.
Connor O’Shea is a Mechanical Engineer with over 17 years of experience in the Energy industry, starting at Shell Canada, where his engineering roles provided a solid foundation in the energy sector.
In 2015, Connor became the Business Advisor to Shell Canada’s President while completing an Executive MBA from Cornell and Queen’s Universities. This pivotal experience allowed him to become proficient in business and learn about leadership.
In 2019, Connor Co-Founded Westgen Technologies Inc., developing the EPOD, a patented solar-hybrid system to provide reliable power and reduce methane emissions from oil and gas operations.
Under his leadership, Westgen earned recognition as Canada’s #1 Fastest Growing Cleantech Company. In 2022, Westgen secured $20 million in financing. Connor expanded the team to 90 employees, launched a manufacturing facility and scaled output, culminating in an exit in Q1 2024.
Connor’s is known for authenticity, energizing ambition, and caring for people. He is keen to find the next opportunity to put his entrepreneurial energy to work and take over as operator in a mature and profitable great business.