Join us virtually on December 14th from 6-7:15 pm as we host our last fireside chat of 2020 with Todd Belfer, Perry Jacobson, and Chad Horstman from Canal Partners.
Canal Partners is a venture capital firm founded in 2008 in Scottsdale, Ariz. that provides strategic capital to highly scalable, growth-oriented companies with market-proven products and services. With extensive track records in launching and scaling multiple businesses, Canal Partners aims to form true partnerships with each of our portfolio companies, providing not just the capital but the strategic guidance to empower early-stage companies to reach the next level of growth. For more information, visit canalpartners.com.
Each partner brings a unique background in entrepreneurship and investing and we can't wait to learn more about their fascinating careers and what they are looking for to make an investment. If you are interested in learning more about funding, this is the event for you!
Todd Belfer is managing partner of Canal Partners where he is responsible for all aspects of the company including identification of potential acquisition targets, due diligence, financial analysis and final investment decision making.
Todd has a long history of entrepreneurship and has been involved with a wide range of businesses throughout his career. In 1990, he co-founded Employee Solutions, Inc., a professional employer organization that he helped take public in 1993. He also co-founded a leading sports nutrition company, M.D. Labs, in 1993 and, after realizing triple-digit growth, sold his interest to a private equity firm in 2002.
Todd was also a founder in the successful Japanese restaurant chain RA, which has grown to more than 30 locations throughout the U.S. and was sold to Benihana in 2002. That same year, he founded NETtime Solutions, a software-as-a-service (SaaS) company dedicated to delivering on-demand time and attendance service, which was sold to Paychex in 2014. Additionally, Todd serves on the board of directors for Omedix, Deal Current Network, Limos.com, ClickDimensions, and Sauce Pizza & Wine.
Todd has been a dedicated volunteer with Big Brothers and Big Sisters for more than 10 years. Nationally, he is recognized for his work with The American Israel Public Affairs Committee (AIPAC) and received the prestigious Regional Wings of Memory Society “Excellence in Leadership Award” presented by the United States Holocaust Museum in April 2006 for his ongoing support and dedication to the Holocaust Museum and its efforts. He is also a board member of Crossroads, a recovery center for men and women.
Todd holds a bachelor’s degree in finance and a real estate degree from the University of Arizona.
Chad Horstman is a partner at Canal Partners. He brings a wealth of experience in entrepreneurship and scaling a successful startup to Canal Partners, where he is responsible for sourcing potential investments, developing relationships with referral sources, conducting market and financial due diligence, and investor relations.
In 2005, he founded Yandy.com after noticing “lingerie” was a top online search term with little competition. Utilizing his expertise in internet marketing and SEO, Chad built Yandy from a Scottsdale garage startup to a $50 million company. In 2016, Chad successfully exited Yandy.com to a private equity group.
Prior to founding Yandy, Chad spent seven years developing internet marketing strategies as director of research and development at both iCrossing and USWeb, consulting Fortune 500 companies including The Wall Street Journal, CNet, and Pulte Homes, as well as e-commerce sites The Knot and Expedia.
Chad is also passionate about giving back and is committed to helping others. He actively supports Foundation Fighting Blindness and The Joy Bus, a local charitable organization that delivers meals to cancer patients.
Chad is currently the founder of three new startups –– another online lingerie store 3wishes.com, an NBA content website basketballnews.com, and an online PPE and sanitizer store greensupply.com.
A graduate of Arizona State University with a degree in Computer Information Systems, Chad currently resides in Scottsdale, AZ.
Perry brings nearly four decades of finance and investing experience to his role at Canal Partners where he will be actively sourcing deals, raising capital, serving in advisory board positions and building relationships with investors.
Prior to joining Canal Partners, Perry was a managing director for the New York-based venture and private equity firm Brookstone Partners for more than 15 years. While at Brookstone, he brought in more than $10 million in capital, served on several venture boards, and formed a mezzanine finance fund, which put nearly $5 million to work over a 10-year span.
Perry’s investment career began on the New York Stock Exchange trading floor where he became the youngest floor governor in the history of the NYSE up until that point. He spent 22 years as a floor specialist and then floor governor, where he served on both the technology committee and the market performance committee (MPC), which is a group of NYSE market oversight specialists who monitor specialists’ efficiency in maintaining fair prices and an orderly market.
Perry graduated from Boston University in 1981 with a degree in business administration, management and operations. Over the years, he has chaired several fundraisers to support a local-area children’s hospital in New York, and served on neighborhood community boards.
Perry now divides his time between Arizona and New York, and when not working, you can most likely find him on the golf course.
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