$100m Fund? No, Thanks!
Quinten Griffiths, based in Calgary, Canada, shares his journey from an empty-handed traditional searcher who walked away from 6 LOIs to a highly successful independent sponsor and co-founder of GoodCapital. Today, he leads Sportball as CEO, one of several portfolio companies that they own outright, with a 4th platform set to close imminently. Their success prompted a Family Office to offer them the opportunity to lead & run a dedicated $100m fund, but Quinten and his partner preferred the autonomy & flexibility of staying an independent sponsor.

Quinten Griffiths began his journey as a traditional search fund in Calgary. He spent two years searching for a business, making more than 950 owner calls, signing 220 NDAs, sending 42 IOIs, issuing 12 LOIs, and signing 6 of them. Each deal failed diligence. After 2 empty-handed years, he returned the remaining capital to investors and went hiking in the Grand Canyon. While hiking he received a call from Greg, the owner of MuniSight, a municipal software company. That call became the turning point in his career.

The firm's model is centered on people. Thesis looks for "extraordinary" individuals whose character and behavioral traits align with its culture of partnership and discipline. For every 300 people they speak with, 1 becomes an Executive in Residence. The focus is on identifying a person's innate gifts and pairing them with industries that match those strengths. Thesis is building people at the same time it is building businesses.

The deal was unconventional and too strange for most investors. It was a carve-out of a struggling division inside a healthy business, financed entirely by the seller on a 50-year note. Quinten closed the acquisition with an $80.00 check and began rebuilding. By listening carefully to customers and adjusting the product in continuous iterations, he transformed the company. Within 3 years it grew from 6 employees to ~40 and was sold to Greater Sum Ventures and Providence Equity. The proceeds provided the foundation for what became GoodCapital.

Today, GoodCapital focuses on purpose-driven companies that solve tangible problems. Discovery helps oilfield service providers decarbonize. Raisin enables charities to raise funds through peer-to-peer events such as the Ride to Conquer Cancer. Sportball teaches physical literacy to 65,000 children each year across 4 countries. Quinten believes that meaningful missions attract exceptional talent because people want to build something that matter.
His investment philosophy prizes creativity over convention. "Structure is a feature, not an afterthought." Each business must show 5-6 clear growth levers. GoodCapital avoids confining 5-year timelines and holds its investments indefinitely. The firm is backed by family offices and high-net-worth investors who share its patient and purposeful approach.

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