Mentor Works Ltd.

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Mentor Works Ltd. - overview

Established

2008

Location

Guelph, ON, Canada

Primary Industry

Internet

About

Founded in 2008 and based in Guelph, Ontario, Mentor Works Ltd. specializes in providing consulting services focused on Canadian government funding opportunities to support business growth and development. Mentor Works Ltd. offers consulting services that facilitate businesses in accessing Canadian government funding, including grants, loans, and tax credits.


Founded in 2008 in Guelph, Ontario, the company has maintained a consistent focus on helping clients navigate the complexities of funding applications. Bernadeen McLeod is the founder, who has a history of entrepreneurship in the consulting sector. In October 2021, Mentor Works was acquired by Ryan, LLC, a portfolio company of Onex, enhancing Ryan’s capabilities in government funding across Canada. The terms of the deal have not been disclosed, and this acquisition is viewed as a strategic move to improve Ryan's offerings.


Mentor Works Ltd. specializes in comprehensive consulting services related to Canadian government funding programs, including grants, loans, and tax credits. Their core offerings focus on strategic analysis that assists businesses in identifying, matching, and qualifying for funding opportunities that align with their specific goals. The company’s team streamlines the funding application process, ensuring that businesses save time while receiving substantial incentives for growth.


Serving clients across all provinces in Canada, they provide tailored solutions suited to the unique needs of businesses seeking financial support for strategic projects. Mentor Works Ltd. generates revenue primarily through consulting fees for their funding application support services. Engaging in a B2B model, the company collaborates directly with businesses to help them secure government funding.


Transactions are structured through consulting agreements where clients pay for Mentor Works' expertise in managing funding applications. Their service model emphasizes ongoing partnerships with clients to help them achieve their financial objectives, providing customized solutions to maximize funding benefits. Following its acquisition by Ryan, LLC in October 2021, Mentor Works is positioned to leverage Ryan’s extensive resources to enhance its government funding practice in Canada. The acquisition aims to improve the range of services offered to clients seeking funding opportunities.


Mentor Works plans to expand its reach within Canadian markets, potentially enhancing its service offerings in specific sectors such as technology and innovation. The recent funding from the acquisition will be utilized to support these initiatives, aligning with the goal of improving services and client engagement in the governmental funding landscape.


Current Investors

Primary Industry

Internet

Sub Industries

e-Financial, Web Applications

Website

www.mentorworks.ca

Verticals

FinTech

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Mentor Works Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedMentor Works Ltd.-

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