MacKinnon, Bennett & Co.

Overview

MacKinnon, Bennett & Co. (MKB) is a Montreal-based private equity firm specializing in providing growth capital to companies driving innovation in the energy and transportation sectors. MKB takes significant minority positions in its portfolio companies and proactively assists management teams in reaching their full potential. The firm focuses on late venture and early growth-stage companies that are at the forefront of decarbonization and electrification efforts. MKB's investment strategy centers on sectors such as energy, transportation, lighting, and smart cities. The firm aims to accelerate the energy and transportation transformation while creating sustainable impact and attractive returns. MKB has a history of investing in companies like AddEnergie, a leading North American charging network operator for electric vehicles, and XNRGY Climate Systems, a company specializing in energy-efficient commercial HVAC systems. The firm has demonstrated a commitment to the energy transition by closing oversubscribed funds, such as the $175 million MKB Partners Fund II, which focuses on the electrification, decarbonization, and digitization of transportation and energy. MKB's proactive, hands-on approach to investing includes taking significant minority positions and providing in-depth strategic and financial advice to its portfolio companies.

Investment Focus

• Late venture and early growth-stage companies
• Focus on decarbonization and electrification of energy and transportation sectors
• Companies with innovative business models and technologies

Portfolio Companies