We have sat in every seat.
BluPrint Capital invests in North American industrials, publishes the research behind it, and advises industrial companies. Calgary, Vancouver and Toronto.
Four parts of a career, one job.
Industrials reward people who have seen the same business from several seats. We have bought these companies, sold them, advised them and run one.
Operating
The chief financial officer’s chair at a $100MM industrial company. Accountable for the outcome, not advising on it from outside. It is why we read a filing the way an operator does.
Investment banking
Mergers, acquisitions and capital markets. Private market value is not a theory here. It is a number we have negotiated across a table.
Private equity
Underwriting and owning industrial businesses. The buy side teaches you which numbers a serious investor tests first, and what it costs when they do not hold.
Consulting
Strategy work for large North American operators. Where the discipline behind the coverage comes from: define a measure once, then apply it the same way every time.
Not three businesses. One loop.
Research, investing and advisory are the same work pointed in three directions. Each one makes the next cheaper to do well, which is the only reason a firm this size can cover a sector properly.
Research
A continuous view of the listed industrials across the value chain, and of the operators who run them well.
Conviction
The research is what lets us concentrate. We own only what we understand, and only for long enough to be right.
Relationships
Publishing the work, and being invested in the sector, puts us in conversation with its operators, lenders and buyers.
Advisory
Some of those conversations become engagements. That work takes us inside businesses, which sharpens the research.
Get in touch.
For research access, a conversation about a company we both follow, or advisory work.