Pembroke Management is an independent, Montreal-based investment firm. The firm’s business and investment philosophy is rooted in the concept of ownership and aligned interests. We are employee owned, with managers and employees holding our funds along with our clients. We strive to make investment decisions that reflect this combined focus with a long-term goal of capital appreciation and risk management. Pembroke believes that owners act in the long-term interests of their stakeholders to maximize their own wealth. We prefer to back teams that own significant stakes in the companies they manage, and entrepreneurial organizations in front of long-term growth opportunities with sustainable competitive advantages. Since our founding in 1968, we have placed a focus on small-to-mid-cap U.S. and Canadian companies that are run by enterprising management teams. We have consistently and successfully specialized in finding investment opportunities with well-managed growth companies. We focus on identifying companies delivering growth on a per-share basis that have strong balance sheets, and the ability to finance their business without accessing outside capital. Pembroke Private Wealth Management, a subsidiary of Pembroke Management Limited, is a wealth advisory firm that provides clients with customized solutions to secure their financial futures. As an independent boutique, we offer a range of pooled and mutual funds, which provides exposure to Canadian, U.S., and international equities, as well as fixed-income securities. Our clients include individuals, families, foundations, and pension funds.