About Grenville

Based in Toronto, Grenville Strategic Royalty Corp. makes investments in growing businesses in the technology, industrial technology and services sectors. Grenville seeks to exploit a huge unmet need in the financing market for profitable or near profitable small and medium sized enterprises (SMEs) looking to grow or transition their business without dilution or heavily restrictive covenants.

Grenville’s unique royalty financing approach provides a needed alternative to standard debt or equity and allows entrepreneurs to maintain financial flexibility and control. We seek to establish relationships with investees who are looking to implement profitable growth plans and work with them to build long-term value and strong returns for our shareholders.

Since inception, Grenville has grown its team and invested in companies across North America operating in multiple sectors and in various economic stages. Grenville has assisted its portfolio companies in the execution of various growth plans, such as acquisitions, public listings, ownership transitions and strategic company buyouts.

The Team

Steve Parry
Chief Executive Officer

Steve is a well-respected cross-border serial investor, most recently as a Managing Director at NGEN…

Steve is a well-respected cross-border serial investor, most recently as a Managing Director at NGEN Partners, a leading cleantech venture firm based in Santa Barbara, California.

Prior to this 10 year investment career, Steve was a practicing geologist with experience building and managing global mineral exploration teams and companies. At BHP Billiton, Steve was the General Manager, Innovation for the company’s exploration subsidiary, with responsibility for the junior resources investment program. Steve has now relocated back to Canada and is based in Toronto for his role as CEO at Grenville. Steve is also Chair at DIRTT Environmental Solutions. His non-profit activities include his role as Director of the Nuclear Age Peace Foundation. Steve is a recipient of the Canada 125 Medal for his work on behalf on Canadian Resource communities.

Robb McLarty
Managing Director

An investor and engineer, Robb McLarty has been investing in and advising emerging technology companies…

An investor and engineer, Robb McLarty has been investing in and advising emerging technology companies since 2002. From 2007-2013, Robb was Principal and Investment Committee Member of NGEN Partners, where he focused on the application of digital technologies in the energy sector, and on solar project development and finance. His investments included Pure Energies (acquired by NRG in 2014), Soraa, Choose Energy, REGEN Energy and Adura Technologies (acquired by Acuity in 2012). Prior to NGEN, Robb was a Technology Analyst at Ziff Brothers Investments, a multi-billion dollar private investment firm.  Reporting to the Chief Investment Strategist, Robb researched and recommended long-term investment opportunities related to high tech and energy tech.  Earlier in his career, Robb worked at IBM’s venture capital group, was an initial employee at Bill-Me-Later (acquired by eBay in 2008), and coded and supported software at Nortel. Robb holds an M.B.A. from the Yale School of Management and a B.Sc.E. in Electrical Engineering from Queen’s University, Canada.

Donnacha Rahill
Chief Financial Officer

Donnacha is a financial services specialist with over 20 years of experience in a number…

Donnacha is a financial services specialist with over 20 years of experience in a number of senior finance positions in Ireland, Canada and Singapore. He has diversified experience in financial services covering leasing, life insurance and banking. Donnacha has over 10 years experience acting as CFO for companies in financial services and prior to being a CFO, managing the treasury activities of 2 multi-national companies out of Ireland. Donnacha was CFO for the subsidiary in Canada and Asia Pacific of De Lage Landen International (a subsidiary of the Dutch bank Rabobank) which during his time the growth in the portfolio was significant. Donnacha is a Fellow of the Institute of Chartered Accountants in Ireland and was admitted to membership in November 1987. Donnacha spent six years in public practice in Ireland with BDO and Price Waterhouse.

Kevin Jarrett
Vice President, Investments

Since graduating from the Richard Ivey School of Business at the University of Western Ontario…

Since graduating from the Richard Ivey School of Business at the University of Western Ontario in 2010, Kevin has distinguished himself thanks to his handling of portfolio due diligence and the royalty-pricing process. In 2012, he was granted a Certificate in Derivative Market Strategies by the Canadian Securities Institute.

Annie Theriault
Managing Director

Annie is a dynamic investor with over 10 years of experience leading investments in private…

Annie is a dynamic investor with over 10 years of experience leading investments in private companies and managing portfolios in multiple asset classes. Annie most recently held the position of Senior Investment Manager, Direct Equity Investments with Export Development Canada and spent the majority of her career at Northwater Capital Management in progressively senior roles, focusing on Northwater’s Intellectual Property Funds and other private investment structures. Annie was instrumental in assiting several portfolio companies raise significant amounts of capital in up-rounds. Annie also spent a significant part of her career at Northwater focused on its Fund of Funds portfolio, the development of novel credit derivative instruments and its 4-Quadrants portfolio. She has also held positions at TD Securities and Deloitte, focused on currency and credit derivative products, and risk and regulatory management, respectively. Annie obtained her Ph.D. Management in finance from the Rotman School of Management, focusing on financial engineering at the University of Toronto and is a CFA Charterholder.

Stephanie Tadros
Vice President, Investments

Stephanie Tadros is a motivated finance professional with experience in providing alternate financing solutions to…

Stephanie Tadros is a motivated finance professional with experience in providing alternate financing solutions to growing companies. Prior to joining Grenville, Stephanie spent 4 years at Export Development Canada in various roles providing insurance, financing, and working capital relief solutions to Canadian SMEs, and most recently individually managing a portfolio of 30+ companies. Stephanie graduated with distinction from the John Molson School of Business at Concordia University in 2011, and is currently a CFA level III candidate.

The Board

Steve Parry
Chief Executive Officer

Steve is a well-respected cross-border serial investor, most recently as a Managing Director at NGEN…

Steve is a well-respected cross-border serial investor, most recently as a Managing Director at NGEN Partners, a leading cleantech venture capital firm based in Santa Barbara California. Prior to this 10 year investment career, Steve was a practicing geologist with experience building and managing global mineral exploration teams and companies. At BHP Billiton, Steve was the General Manager, Innovation for the company’s exploration subsidiary, with responsibility for the junior resource investment program. Steve has now relocated back to Canada and is based in Toronto for his role as CEO at Grenville. Steve is also Chair at DIRTT Environmental Solutions (DRT:TSX) and Lead Director at Fallbrook Technologies. His non-profit activities include his role as a Director of the Nuclear Age Peace Foundation. Steve is a recipient of the Canada 125 Medal for his work on behalf of Canadian Resource communities.

Catherine McLeod-Seltzer
Board Chair

Catherine is a serial company builder – currently the Chairman of Bear Creek Mining and…

Catherine is a serial company builder – currently the Chairman of Bear Creek Mining and a recognized leader in the minerals industry for her ability to create growth-focused companies that generate significant shareholder value. Catherine has successfully partnered with numerous geological teams in the past 20 years with successes including Arequipa Resources, Francisco Gold, Miramar Mining, Stornoway Diamonds and Peru Copper. Catherine was: named “Mining Man of the Year” by The Northern Miner in 1999; given the “Award for Performance” by the Association of Women in Finance in 1997; positioned on the Financial Post’s “Power 50”; and received Canada’s Most Powerful Women Top 100 Award. Catherine has raised more than $600 million in working capital for mining exploration in the past 20 years, and been directly involved in more than $4 billion in corporate transactions. Her leadership and financial expertise, access to capital and respect in building companies have been invaluable assets to the companies she is involved in and have created significant wealth for shareholders. Catherine’s directorships in other publicly traded companies include Kinross Gold Corporation and Major Drilling Group International.

Paul De Luca
Director & Legal Counsel

Paul is a partner of Owens Wright LLP, a Toronto law firm. In addition to…

Paul is a partner of Owens Wright LLP, a Toronto law firm. In addition to considerable practical experience in corporate and securities matters, corporate finance, acquisitions, governance and venture transactions, Paul has particular experience in ongoing advice to boards of directors and special committees and experience across a large spectrum of industries, including technology, renewable energy, mining and financial services. Paul is a member of the Law Society of Upper Canada and holds a Bachelor of Laws from Queens University and a Master of Laws from New York University, and is currently a director of Nordex Explosives Ltd. (TSXV:NXX) and Loyalist Group Limited (TSXV:LOY).

Vernon Lobo
Director

Vernon is a Managing Director of Mosaic  Capital  Partners,  a  Toronto-based  private  investment firm. Previously,…

Vernon is a Managing Director of Mosaic  Capital  Partners,  a  Toronto-based  private  investment firm. Previously, Vernon was founder and Managing Director of Mosaic Venture Partners, an early stage venture capital fund. Through 21 years in the investment industry, Vernon helped build several companies from start-up to acquisition or public listing, seven of which achieved valuations in excess of $100 million. Earlier in his career, Vernon was a consultant with McKinsey & Company and a software engineer at Nortel Networks. Vernon sits on the boards of several public and private companies. He holds a BASc in Engineering from the University of Waterloo and an MBA from Harvard where he was a Baker Scholar.

Dau Phaure
Director

Dan brings close to 20 years of experience working with small to mid-size companies. He…

Dan brings close to 20 years of experience working with small to mid-size companies. He spent over 10 years in investment banking providing equity and debt financings for Canadian public and private companies last as a Managing Director with Stifel Nicolaus Canada. Outside of the capital markets, he has worked with a number of small to mid-size companies in a strategic advisory capacity and has prior experience as an accountant. Mr. Phaure is based in Ontario, is a graduate of Wilfrid Laurier University, Canada and holds both the CA and CFA designations.

Peter Kampian
Director

Mr. Kampian, CPA, CA has a long track record as a financial executive with a number…

Mr. Kampian, CPA, CA has a long track record as a financial executive with a number of Canadian public companies. Mr. Kampian is currently the Chief Financial Officer of Mettrum Health Corp, and previously held the position of Vice President Finance with Superior Energy Management and Chief Financial Officer of Algonquin Income Fund where he led and supported debt and equity capital raising.