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Business

Clairvest Reports Fiscal 2027 First Quarter Results

Financial Post ·

TORONTO, Aug. 14, 2026 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) today reported results for the fiscal 2027 first quarter ended June 30, 2026 and events which occurred subsequent to quarter end. (All figures are in Canadian dollars unless otherwise stated)

Clairvest’s book value was $1.328 billion or $99.26 per share as at June 30, 2026, compared with $1.293 billion or $96.60 per share as at March 31, 2026. For the quarter ended June 30, 2026, Clairvest recorded net income of $48.4 million, or $3.61 per share, which was driven by a net increase in the valuation of Clairvest’s private equity investment portfolio. The book value as at June 30, 2026 is net of the $0.9660 per share dividend which was accrued for the quarter ended June 30, 2026 and paid subsequent to quarter end as described below. Also during the quarter, Clairvest purchased and cancelled 8,000 common shares at an average price of $76.00/share, or a total cost of $0.6 million.

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As at June 30, 2026, cash, cash equivalents and temporary investments excluding marketable securities, as reported under IFRS, were $286 million. In addition, our acquisition entities held $120 million in cash, cash equivalents and temporary investments as at June 30, 2026 bringing total available cash to $406 million. In aggregate, this represented 30.6% of our book value as at June 30, 2026, or approximately $30.35 per share.

During the quarter ended June 30, 2026, Clairvest and CEP VII invested $216 million in three new deals, Clairvest’s portion of which was $58.6 million. One investment was in the gaming domain, one in experience economy and the third one in environmental services. Subsequent to quarter end, two additional new investments were completed for total investments of $73 million, Clairvest’s portion of which was $18 million. The two new investments made subsequent to quarter end were in food and beverage and medical practice management domains respectively. As at the date of this press release, the CEP VII fund, since the commencement of its investment program in 2024, has made 8 investments in total and is at 35% invested.

“It was a busy and productive quarter for our team. In addition to closing on the previously announced acquisition of Northfield Park, we added two other investments to the CEP VII portfolio, in each case backing accomplished entrepreneurs who have invested alongside us and are fully committed to what we’re building together. One of these businesses, our 11 th in environmental services, reflects the depth of experience we’ve built in a sector we know intimately. The other is our first step into luxury experiential travel, a new domain we entered after months of effort that led us to a company which fits nicely with our investment thesis,” said Ken Rotman, CEO of Clairvest. “With two additional investments completed since quarter-end, we carry strong momentum into the rest of the year as we continue building out the Clairvest Equity Partners VII portfolio.”

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