private equityreported

British Columbia Investment Management Corporation (BCI)

Victoria, null · ~$100B+ AUM

In one paragraph. British Columbia Investment Management Corporation (BCI) is a private equity based in Victoria, null managing roughly $100B+ in assets. In Tampa Bay its capital sits behind Authority Brands, which together control 1 local brand.

Why it invests in the trades

Led a significant investment in Authority Brands in 2022 alongside Apax — another public pension manager taking a direct position in home services.

Platforms in Tampa Bay (1)

Local brands ultimately backed by British Columbia Investment Management Corporation (BCI) (1)

Deals

Frequently asked

What does British Columbia Investment Management Corporation (BCI) own in Tampa Bay?

Clockwork Home Services, Inc., through Authority Brands.

Is British Columbia Investment Management Corporation (BCI) a private-equity firm?

Yes.

How long will British Columbia Investment Management Corporation (BCI) hold these companies?

Private-equity funds typically target a 3–7 year hold before a sale, recapitalization or continuation fund. See "Notable exits" for how this investor has behaved before, and Debt, exits and the 5-year clock.

Sources Reported — credible press

  1. PR Newswire / BCI (2022-09-01) — press release. BCI-led investment; month-level date

Researcher notes: Date is a month-level inference from the release URL; page not fetched.

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