BEC / May-June / 2015 - page 82

and that can cause the business to eventu-
ally languish or fail under a lack of leader-
ship, destroying the company’s value and
the family wealth in the process.
The vast majority of business transitions
fall into the last category, putting more
than 15,000 mid-sized businesses employ-
ing over one million people at risk of fail-
ure. Valitas was created to assist business
owners address this challenge.
Though the firm is new, the breadth of ex-
perience behind Valitas Capital Partners
“There are a lot of jobs at stake in these owner-managed businesses and suc-
cession issues are a risk to our economy.” Paris Aden, Co-founder
82 business elite canada
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