ABOUT

Fueling Growth, Building Futures

We invest in high growth companies with the potential to out-execute the competition

Hardy Capital is an investment firm established to foster the growth of young businesses. With a history of international transactions including; acquisitions throughout Northern Europe (Sweden, Holland, Germany and the UK), the United States and Asia (Japan, Singapore). Public company listings on the OMX: Europe, TSX: Canada and the NASDAQ: USA. Along with both public and private financing throughout Europe, Asia, and North America.

With significant assets, our mission is to help build and grow businesses that have the potential to achieve market leading positions primarily in the consumer space. We are especially interested in businesses that are disruptive to large very profitable incumbent monopolies and use new technology to improve customer experiences. With acute interest in transactions focused on Optical, Fin-tech, Real estate and Insurance disruption. We understand and can support businesses by helping them navigate the complex nature of growth in the global marketplace and fast-track the company to the right investor or mentor groups.

 

Hardy Capital seeks returns through equity or debt investments in hyper-growth companies and real estate projects. We also look to identify undervalued companies that may have been missed by larger investors where an unmet need or opportunity exists. We add value to help the company realize its full valuation potential by contributing our experience and vast network of quality experienced relationships. Capital markets in small and micro-cap stocks are “imperfect” at best, and helping smaller undervalued companies get noticed is what we do best.

WHY WE STAND OUT

We have proven expertise in starting, financing, growing and vending several businesses; including building a company from start-up to a NASDAQ listing and cash sale of over $450M in a short time as entrepreneurs. Because we are entrepreneurs at heart, we have a unique ability to add value and create a win-win strategy to help grow a business. We are interested in eCommerce and direct to consumer models where we have considerable experience and can hope to accelerate growth.

INVESTMENT FOCUS

We believe founders build great businesses and we believe in partnering and adding value to ensure your business reaches its true potential while helping you avoid many of the missteps that are so easy to make. Many people have Capital, it's not all smart money.

 

The deal size is between $500,000 and $5 million, with our largest minority investments to date being approximate $15 million and $20 million respectively. Our largest exit to date was $450 million for our controlling stake in Coastal.com.


We back businesses that:

  • Have operated for more than three years
  • Solve real needs in large markets
  • Deliver 100%+ annual growth
  • Are approaching or have reached up to $100M EBITDA
  • Investment size: typically $500K to $5M, with largest minority stakes up to $15M–$20M.

ROGER HARDY

Visionary Builder, Serial Entrepreneur, Principal Investor

Roger’s entrepreneurial journey began with a single phone line, a 14k modem and a credit card, building an online company and selling it to San Francisco-based More.com in 1999 at the height of the dot com boom all before the age of 30. An original disruptor, he and his sister next launched Coastal.com, owners of Clearly.ca. Under Roger’s leadership, the company became the world's leading digital eyewear retailer, going public on NASDAQ in 2009 before being acquired by Essilor in 2014 for $450M cash. Among Roger’s proudest achievements are creating Canada’s most successful vertically integrated e-commerce company and completing Canada's largest eCommerce exit at the time. Investors were pleased with their over 1000% return on capital.


At Hardy Capital, he leverages his entrepreneurial knowledge and the experience of having been CEO of several fast-growing companies over the past 30 years that have generated significant value helping achieve market-leading positions. Roger seeks investments in real estate and high-growth categories that use innovative technologies to transform consumer spaces. His current portfolio features more than $100 million in prime real estate assets as well as in companies like Sonder, KITS Eyewear, Flexday, Mogo, and the rapidly-growing eyewear brand Prive Revaux where he sat on the board [Recently SOLD for 5.4 X Revenues to Safilo @~$110M USD]. Roger is also actively involved in B.C.’s world-class wine industry, as an owner of Liquidity Wines. [Recently SOLD after receiving an unsolicited bid from the owners of White Claw].



When Roger Hardy isn’t busy helping bright young companies and minds succeed at Hardy Capital, he loves spending time with his wife, son and three daughters. Together, they run the Hardy Family Foundation, a charity aimed at empowering communities in Canada and around the globe. Roger also established the Hardy Endowment Fund at Bishop’s University which provides tuition support for students in need and have provided over $250,000 to the University over the last decade.


TESTIMONIALS

"Roger is a Builder"

Says Chip Wilson, creator of the athleisure trend and founder of Lululemon Athletica. Wilson and Hardy did regular hikes on the Grouse Grind over the time Hardy was growing Coastal. "He has the ability to see where the world is shifting, four, five, six years out. Like most entrepreneurs, he's doing something that no one else can believe in because they can't see the future. He can see the future - and he's building something now for then.


Chip WIlson - Founder of Lululemon

"Today the company is worth more than $300 million"

We were excited to sell our company to the Hardy Capital team for approximately $70 million and to partner with them to grow the business. Since the acquisition Hardy's team did what they said they would do, adding value in Finance, Marketing and Operations allowing our company to grow and complete an IPO. Today the company is worth more than $300 million valuation less than 24 months later. We would recommend them if you are looking for a private equity group that will add value with integrity."


Arshil Abdulla, CEO LD Vision.

"Roger helped us gain years of growth"

Roger's guidance and support over the past four years as a board member, advisor to the founders, and investor in our company have been invaluable to our journey. Having someone who's successfully walked the entrepreneurial path and who can see problems from the perspective of founders/operators added tremendous value to us. Roger's advice is not theoretical, it's real-life wisdom earned in the startup battlefield, and with that, he helped us gain years of growth.


Anass Boumediene, Co-founder eyewa