Wellington Financial Named to PROFIT 100 Ranking of Canada's Fastest Growing Companies



    TORONTO, June 2 /CNW/ - Wellington Financial LP ("Wellington Financial"),
a privately held specialty finance firm offering a variety of venture debt
products, announced today that it has been recognized as the 26th
Fastest-Growing Company in PROFIT magazine's 20th annual PROFIT 100. Ranking
Canada's Fastest-Growing companies by five-year revenue growth, the PROFIT 100
profiles the country's most successful growth companies.
    "We are delighted to join so many of our portfolio companies in the
PROFIT 100," said Mark McQueen, President and Chief Executive Officer of
Wellington Financial. "Entrepreneurs and their investors have told us that our
True Growth Capital(TM) financing model is a highly attractive method to
finance a growth company. Our own growth is testament to that."
    "The PROFIT 100 are role models for anyone who wants to expand their
business domestically or internationally," says Ian Portsmouth, editor of
PROFIT. "All entrepreneurs can take great lessons from the product
development, human resources and marketing practices of Canada's
Fastest-Growing Companies."
    Wellington Financial is currently managing a $400 million investment
program via Wellington Financial Fund III. Since Fund III began operation in
September 2006, Wellington Financial has led more than $150 million of
transactions, making it the most active fund of its kind in Canada.

    About Wellington Financial LP

    Wellington Financial LP is a privately held specialty finance firm
providing operating lines of credit, term, venture and amortizing loans up to
$40 million. Wellington Financial LP is currently deploying a $400 million
investment program via its third fund. Wellington Financial LP is managed by a
partnership controlled by fund management and Clairvest Group Inc. (CVG: TSX),
who jointly have contributed a large financial stake to Fund III. Limited
partners include several of Canada's largest institutional investors, crown
corporations, financial institutions and pension funds. Please visit the fund
website at www.wellingtonfund.com, or the Wellington Financial team blog at
www.wellingtonfund.com/blog.

    About PROFIT Magazine

    Your Guide to Business Success, is Canada's preeminent publication
dedicated to the management issues and opportunities facing small and
mid-sized businesses. For more than 25 years, Canadian entrepreneurs across a
vast array of economic sectors have remained loyal to PROFIT because it's a
timely and reliable source of actionable information that helps them increase
their revenues, boost their profitability and get the recognition they deserve
for generating positive economic and social change. Published six times a year
by Rogers Publishing Ltd., PROFIT is distributed almost exclusively to the
chief executives of companies with 5 - 250 employees and annual revenue of
$1 million to $25 million, reaching more than 300,000 readers across Canada.
Visit PROFIT online at www.PROFITmagazine.ca.





For further information:

For further information: Amy Olah, Marketing Manager, Wellington
Financial LP, Tel: (416) 682-6002, aolah@wellingtonfund.com

Organization Profile

Wellington Financial LP

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890