Signal Hill Adds Office, Hires New Vice President
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Signal Hill Adds Office, Hires New Vice President

Signal Hill Equity Partners has opened an office in Calgary, Alberta. Stephen Hughes has been hired by Signal Hill as a Vice President to oversee the new office.

“Expanding our presence with a dedicated office in Alberta is an important milestone in our strategic plan,” said James Johnson, Managing Partner of Signal Hill.

Mr. Hughes joins Signal Hill from Integral Wealth Securities. He has spent the past decade working exclusively in the oil & gas sector and brings with him knowledge and experience in the oil field services sector. Prior to his time at Integral Wealth Securities he was with Cannacord Capital and Wolverton Securities. Mr. Hughes has a BBA degree from the Southern Alberta Institute of Technology.

“We are extremely excited to have Stephen join our team as head of our Calgary office and look forward to him accelerating our investment activity in the region,” said Mr. Johnson.

Signal Hill currently has two private equity investments in Alberta and has dedicated additional equity capital to expand its presence in Western Canada. In March 2012, Signal Hill acquired C & V Portable Accommodations, a provider of portable accommodations, remote offices and geology & engineering labs to oil and gas companies (www.cvportable.com). The second Alberta-based acquisition was completed in March 2011 with the purchase of Westridge Cabinets, a cabinet manufacturer serving the new home construction and renovation markets (www.westridgecabinets.com).

Signal Hill invests from $5 million to $20 million of equity in companies with enterprise values of $20 million to $50 million. Sectors of interest include manufacturing, consumer products, distribution and business services. Signal Hill is currently investing its second private equity fund, a $100 million fund that can be invested at its discretion in mid-market Canadian companies. The firm is based in Toronto (www.signalhillequity.com).

© 2013 PEPD • Private Equity’s Leading News Magazine • 5-22-13

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