Dan Jacques, CA, MBA – Managing Partner, Headwater Equity PartnersHeadwater Equity Partners is a private equity fund that is focused on making private investments in Western Canadian companies. The Fund was established to address the succession challenges faced by many companies in the lower mid-market. Headwater is looking to invest in businesses that have strong fundamentals including profitable operations, good margins and defensible competitive positions. Typically we get involved during ownership or shareholder change. These scenarios include succession, divorce, partner buyout, divestitures of entire businesses or divisions, or situations which require growth capital.Headwater primarily focuses on investment opportunities in Western Canada with the following investment criteria: