Backer North Investments Strengthens the Advisory Team

Toronto, ON – August 12, 2024 — Backer North Investments (“Backer North”), a lower middle market private equity independent sponsor, announced today that George Stefanovic, CFA, a mid-market private equity and financial risk management veteran, joined Backer North's advisory team.

V. L. "Vlaad" Gajic, Principal at Backer North, said, ​“We are thrilled to announce that Mr. Stefanovic joined Backer North's advisory team. He is a highly sought-after consultant with 25 years of industry experience across several major financial institutions. His areas of expertise include mid-market private equity, financial risk management, valuation, portfolio management, structured credit, and the application of quantitative methods in the financial sector. We extend a warm welcome to Mr. Stefanovic, who is an invaluable transaction advisory and financial risk management resource to us.”

“I take great delight in joining Backer North as an Advisor,” commented Mr. Stefanovic. “Since the beginning, I admired how Mr. Gajic tirelessly built Backer North from the ground up on a foundation supported by three pillars - Fairness, Trustworthiness, and Flexibility. Backer North's growing team brings the highest level of professionalism combined with deep and diverse operating and finance experience rarely found in the lower middle market.”

About Backer North Investments

Backer North Investments was founded in 2023 with the specific goal of acquiring small and medium-sized businesses across Ontario, Canada.

Our primary objective is to offer business owners a direct and uncomplicated path to transition their companies while achieving fair value for their hard work. We place a strong emphasis on maintaining open and clear communication throughout the entire acquisition process. Our aim is to create an efficient and seamless transaction that benefits everyone involved. We believe in building strong relationships based on trust and mutual understanding.

Contact us if you want a fair, trustworthy, and flexible capital and strategic partner for a business whose characteristics align with our investment approach and criteria.