Saltire Capital (SLT:TSX)

  • Saltire Capital is a permanent capital vehicle that acquires controlling stakes in profitable businesses with high barriers to entry, predictable cashflows, and strong competitive advantages.

  • SLT owns two businesses: 1) MDI, a premium cinema-screen manufacturing company, and 2) SanStone, a heavy equipment dealer in Atlantic Canada. Future acquisitions will focus on the SanStone segment.

  • The Company is led by CEO Andrew Clark, who grew funeral services roll-up Park Lawn Corporation from a C$30M market cap to C$900M.

Investment Summary

Company Description

Saltire Capital is a publicly traded permanent capital vehicle that invests in strong, undervalued businesses operating in foundational sectors of the real-world economy. The Company takes meaningful stakes in private businesses with high barriers to entry, predictable cash flows and a defined competitive advantage, providing business owners with a long-term capital partner that supports management continuity and preserves company legacy. Using a disciplined buy-and-build approach, Saltire identifies growth opportunities in fragmented industries, improves business fundamentals and scales businesses into standalone platforms.

Research