ROCK SOLID IN EVERYTHING WE DO

Permian Industries has been building businesses for over 40 years. At our core is an unwavering commitment to their growth and development. Rock solid.

We’re named after the 47 million-year-long Permian period. We know from analysis of the rock laid down during this time period – over 200 million years ago – that it was characterized by the rapid growth and evolution in plants and animals. (Plus, Permian sounded better than Paleoarchean or Mesoproterozoic).

   ABOUT US

We are a family-run Canadian investment holding and management company with a four-decade track record of acquiring and growing businesses. Headquartered in Toronto and led by Bruce H. Mitchell and his sons Scott and Andrew, Permian has held interests (mainly controlling) in over 30 businesses in a variety of industries. The family currently owns and manages six businesses in the food processing and distribution, agriculture, packaging, and technology industries.

 

We’re successful because:

  • We’re fair and straightforward to deal with. Our word is our bond.
  • We’re owners and think and act accordingly.
  • We’re entrepreneurs so are quick to make decisions, have a flat organization, and don’t require cumbersome reporting.
  • We invest for the long term, and are patient and growth oriented.
  • We’re well capitalized and believe in low financial leverage.
  • We trust management and incent them to perform.
  • We strive to help our companies be the best.

  TEAM

BRUCE H. MITCHELL, Chairman and Chief Executive Officer

BRUCE H. MITCHELL, Chairman and Chief Executive Officer

As Chairman and CEO, Bruce has led Permian for over forty years, providing oversight for each business and leading its M&A activities. Bruce has served on the public company boards of the Bank of Montreal, CFM Corporation, Garbell Holdings Ltd. and GSW Inc. He continues to serve on a number of private company Boards.

Bruce is an active member of the Foundation Board of St. Michael’s Hospital and Ridley College, and has served as a Trustee and Councillor of Queen’s University. Bruce has previously served on the Board of Directors of UNICEF Canada, the Canadian Institute for Advanced Research and the Young President’s Organization, and as President of The Toronto Golf Club and Windermere Golf & Country Club.

In 2017-2018, Bruce was Captain of The Royal & Ancient Golf Club of St. Andrews, Scotland, the first Canadian to hold the position.

Bruce holds a B.Sc. (Engineering) from Queen’s University and an MBA from the Harvard Business School.

CARLA EISNOR, Chief Financial Officer

In her role as CFO, Carla is intimately involved with the financial aspects of Permian businesses and assists with all M&A activities. Carla brings more than 30 years of professional and operational finance expertise, including 15 years advising owners and senior management. Most recently she served as a strategic advisor to CEOs and Boards on the execution of growth and performance initiatives and governance.

Carla served as Interim CFO and SVP Corporate Development of a privately-owned group of companies in the consumer products and retail sector. Carla was a transaction services partner with a Big Four professional services firm for 24 years, including 15 years advising owners and senior management teams in the execution of buy-side and sell-side M&A transactions across a wide range of sectors.

Carla is a Certified Public Accountant and holds a Bachelor of Commerce from Dalhousie University.

SCOTT H. MITCHELL, President & Chief Operating Officer

SCOTT H. MITCHELL, President & Chief Operating Officer

Scott leads the oversight of Permian’s businesses and contributes to its M&A activities.

Scott is CEO and sole owner of Acorn Packaging Inc., a printer and converter of flexible packaging based in Toronto.

Prior to acquiring Acorn, Scott was an Associate at Prowis, a restructuring firm under PwC devoted to insolvency and turnarounds.

Scott holds a B.Eng. (Mechanical) from McGill University and an MBA from University of Toronto, Rotman School of Management.

ANDREW G. MITCHELL, President & Chief Development Officer

Andrew contributes to the oversight of Permian’s businesses and leads its M&A activities.

Andrew is CEO and sole owner of Select Food Products Ltd., a sauce and condiment manufacturer based in Toronto.

Prior to acquiring Select, Andrew was a Manager in Deloitte’s Human Capital consulting practice, specializing in organization design and M&A integration.

Andrew is on the Ridley College Board of Governors and is a past Director of The Toronto Golf Club and Bhutan Canada Foundation.

Andrew holds a BA from Queen’s University and an MBA from University of Toronto, Rotman School of Management.

  PORTFOLIO COMPANIES

Permian’s businesses are concentrated in the food processing and distribution, agriculture, packaging, and technology industries. They generate more than $2.5 billion in annual revenues and employ over 5,000 people in North America.

CURRENT

Greenhouse Grown Produce and Distribution Company

Founded in 1954, the company is North America’s largest grower and distributor of greenhouse produced gourmet vegetables, including tomatoes, peppers, cucumbers, and berries.

Permian has been a significant shareholder since 2010.

Industrial Automation and Greenhouse Structure Company

Founded in 2004, with facilities in Canada and the US, the company is a leading manufacturer of industrial automation products for the automotive, airport and material handling industries and designer, fabricator, and installer of greenhouse structures.

Permian has been a significant shareholder since 2022.

Greenhouse Automation, Climate Control, Irrigation, Engineering and Installation Firm

The company, with offices in Mexico, the Netherlands and Spain, is focused on serving North American greenhouse builders and growers in the design, engineering, and technical installations for the modern horticulture industry.

Permian has been a significant shareholder since 2023.

PREVIOUS

PDS Med

Provider of advanced practice management and electronic health record software in the US.

Ajax Precision

Manufactured precision automotive and other OEM metal stamped parts and components.

UV Pure

Manufacturer of ultra-violet light-based water purification devices.

Promanad
Communications

Integrated marketing and communications company.

Corvair Oils

Western Canadian oil and gas producer and explorations company.

  INVESTMENT CRITERIA

Permian is focused on making majority ownership acquisitions of successful Canadian or US headquartered companies with solid management teams and long-term growth potential.

While Permian is primarily focused on traditional, capital intensive industries such as food and beverage, primary agriculture, manufacturing, processing, wholesale, warehousing, real estate, and utilities, it is also interested in information, scientific, technical, education, and insurance services.

Permian is looking for opportunities to invest in the $25 to $100 million CDN ($20 to $80 million USD) range.

  CONTACT

Permian Industries Limited

P.O. Box 183, Suite 5330

First Canadian Place

Toronto, ON Canada M5X 1A6

(416) 868-6407
info@permian.com

© 2024 PERMIAN INDUSTRIES LIMITED. ALL RIGHTS RESERVED.