for 1 June 2021
FOR IMMEDIATE RELEASE
BEAN Partners chooses Toronto
as preferred location for first office
in North America
Ex-Googler and entrepreneur Chris Hodgson has joined BEAN Partners as Principal to establish our first office in Toronto and build the team in North America.
Toronto, CANADA and London, UK — 1 June 2021
BEAN Partners, a UK-based strategic and corporate financial advisory firm, has announced the opening of their first North American office in Toronto. BEAN Partners has been working with North American clients for more than a decade, but has always supported them out of their European headquarters in London. While the global pandemic has increased the volume of financial transactions being made by Tier 1, middle market tech companies; most cross border transactions in North America still happen between Canada and the United States. BEAN Partners are investing in the team to help more tech founders benefit from the value of cross border transactions between North America and Europe.
Why did BEAN Partners choose Toronto?
- Significant opportunity to support mid-market tech companies looking to complete transactions between North America and Europe
- Local presence in Toronto is the perfect European entry point to North America, given the strong tech ecosystem
- Chris Hodgson’s strong tech and entrepreneurial background, combined with significant European and North American experience, make him a natural fit to lead BEAN Partners in North America
Damian Woodward, Principal and Co-Founder of Bean Partners formally announced the opening of the Toronto office today. “We understand the importance of having a local presence to support founders of mid-market tech businesses and we are extremely excited to have Chris Hodgson join the firm and build our North American business."
“Toronto is the fastest growing tech community in North America”, said Chris Hodgson, Principal and new Head of North America at BEAN Partners. “After spending half of my 25 year career working in North America and half working in Europe, I’m looking forward to helping tech companies build a bridge between these two great continents."
About BEAN Partners
BEAN Partners is a strategy and corporate finance advisory firm whose sole purpose is to help business founders, owners and leaders to succeed.
We offer the following services— business intelligence and corporate finance, including growth funding, mergers and acquisitions. Through these services, BEAN Partners is able to deliver end-to-end support for middle market companies that are looking to raise capital, expand into new markets, make acquisitions, or sell. We strive to achieve the best possible outcomes through a unique, intelligence-led approach which reduces strategic risk, while at the same time exposing creative opportunities.
BEAN Partners has also established FOUNDERzone – a comprehensive online learning platform and community for small business founders and owners, which is planned to launch in Spring 2022.
More information is available at:
About Chris Hodgson
Over his 25 year career, Chris Hodgson has been an engineer, entrepreneur, executive, angel investor and advisor. He has been on the founding team of two UK tech startups— the first was acquired for £210m and the second is profitable and now has over 1m members.
He then spent six years on the leadership team at Google Canada, where he helped grow the business from 50 people to over 300. He was also part of the executive team at RBC which built RBC Ventures – an internal corporate incubator – from concept to over 200 people in one year. Over the last two years he has been a Growth Advisor to the founders of mid-sized tech companies, helping them scale their business.
Chris has an MBA from INSEAD in France and an Engineering degree from Queen's University in Canada.