BCI and Ethos Capital successfully complete strategic investment in BroadStreet Partners

Date
July 18, 2025Office Involved
On July 18, 2025, British Columbia Investment Management Corporation ("BCI") and Ethos Capital ("Ethos") successfully completed the closing of a strategic investment in BroadStreet Partners. This collaboration with Ethos and its co-investors is anticipated to bolster BroadStreet's long-term objectives, particularly in areas such as technology investment and digital transformation.
BCI based in Victoria, BC, Canada is one of Canada’s largest institutional investors, with C$295 billion in gross assets under management.
Ethos headquartered in Boston, MA, USA is a values-driven investment firm that collaborates with its portfolio companies, providing them with resources and expertise in order to accelerate their growth.
BroadStreet Partners based in Columbus, OH, USA is an insurance brokerage holding company that specializes in acquiring agencies and serves as a financial partner to those with plans for growth through acquisitions.
McCarthy Tétrault LLP advised BCI and Ethos with a team led by Shevaun McGrath that included David Badour, Rebecca Summers, Hartley Lefton, Christopher Yam (Corporate), Michael Scherman, Jamie Parker, Mohamed M'Hiri (Technology), Vincent Yip (Intellectual Property), Alibish Bruchet, Juliana Smith, (Banking and Financial Services), Sarit Pandya (Real Estate), Debbie Salzberger, Alykhan Rahim (Competition/Antitrust), Martha Harrison, Oksana Migitko (International Trade/Investment), Una Radoja (Environmental), Raj Juneja, Camillie Belanger (Tax), Julia Miller, Kelleher Lynch (Pensions) Donovan Plomp and Erin Jackes (Labour & Employment).
People
Shevaun McGrathPartner | Co-Head of Private Equity | National Leader, Strategic Initiatives
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Martha HarrisonPartner | Co-Head, International Trade and Investment Law
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Donovan PlompPartner | Practice Lead, Litigation and Dispute Resolution (Vancouver)
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