Active State
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Active State - overview
Established
1997
Location
Vancouver, BC-British Columbia, Canada
Primary Industry
Software
About
Active State is a private equity firm focused on investing in and partnering with small to medium-sized enterprises in western North America, enhancing their growth potential through strategic capital and operational support. Founded in 1997, Active State operates out of Vancouver, Canada, specializing in private equity investments tailored for small and medium-sized businesses. The firm has engaged in one deal, with the most recent occurring on October 5, 2017. The company was co-founded by George Nanos, Joe Lucke, and Steve Hnatiuk, who have extensive experience in the investment sector.
Active State specializes in providing private equity investment services to small and medium-sized enterprises across western North America. The firm’s core offerings include strategic investment partnerships aimed at enhancing the growth potential of its clients' businesses. By focusing on companies with a track record of success and promising growth trajectories, Active State facilitates access to capital and strategic guidance, addressing the financial and operational challenges faced by these enterprises. Their client base includes established firms in diverse industries looking to leverage private equity for scaling operations, optimizing efficiency, and expanding market presence.
Active State generates revenue through structured equity investments in its partner companies. It engages clients via tailored investment agreements, which may include equity stakes or preferred shares, designed to align interests and foster long-term relationships. Revenue is derived from investment appreciation and potential dividends, structured to provide returns based on the growth and profitability of the portfolio companies. These transactions often involve direct partnerships rather than traditional sales models, promoting a collaborative approach to mutual success.
Active State is focused on expanding its reach within the private equity sector by exploring new markets and geographic regions. Plans are in place to enhance their investment approach, targeting additional areas in western North America by 2020. The proceeds from the most recent deal on October 5, 2017, will support these expansion efforts, allowing the firm to develop new strategic partnerships and increase its portfolio of investments.
Current Investors
Lighthouse Equity Partners
Primary Industry
Software
Sub Industries
IT Security/Cybersecurity, Software
Website
http://www.lhequitypartners.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Active State - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Active State | - |
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Active State - employee data


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