Power Sustainable Lios believes companies that proactively elevate environmental and social issues, while engaging to develop solutions, will yield large opportunities for value creation.
Our current food system is facing an important challenge: feeding a growing population with limited and depleting resources. Key stakeholder groups, including consumers, employees, investors and governments, are expressing growing concerns about the current state of our food system and asking for sustainable change from organizations across the value chain. As the scrutiny on food and sustainability will only intensify, the impact will be far-reaching.
Investment focus
Power Sustainable Lios invest in mid-market companies across the food value chain in North America, working closely with entrepreneurs and operators in building a more resilient and sustainable food system. We invest across production, manufacturing and distribution/retail.
We support good people doing great things. To do so, our decisions are based on 4 key investment criteria:
- Investment thesis and corporate strategy contribute positively to environmental, economic and social factors.
- Established mid-market companies, based in North America, operating within the food value chain.
- Core elements of growth infrastructure in place and ready to scale.
- Opportunity for majority ownership or meaningful minority; ability to deploy a total of up to $25-50 million in support of growth, with flexibility to go higher in case of larger assets.
- Learn more on Power Sustainable Lios website
At a glance
- Offers deep and actionable set of opportunities to invest in underserved, growth-oriented companies who are positively transforming the $2.7 trillion North American agri-food value chain.
- Our team has invested more than $40 billion and worked directly in the agri-food business for a combined 29 years.
- Deep agri-food investing, operating, and strategy experience; our extensive network enables a differentiated investment, value creation, and talent sourcing capability.
Jonathan Belair
Managing Partner
Jonathan Belair is the Managing Partner of Power Sustainable Lios, bringing over 20 years of investing and operating experience with a focus on food, agriculture, and sustainability. Previously, he spent five years as a senior executive at McCain Foods, where he led global M&A, strategy, and the company's ESG function. Prior to that, he was a senior member of the direct private equity team at OMERS Private Equity, responsible for sourcing, executing, and managing investments in North America. He began his career in the investment banking group at Scotiabank, focused on M&A advisory and equity and debt financings. Jonathan holds a degree from the Ivey Business School at the University of Western Ontario and serves on the boards of several portfolio companies and on the Ivey Sustainability Advisory Council.
Craig Hanna
Partner
Craig Hanna is a Partner of Power Sustainable Lios. He brings 20 years of investing, operating, and advisory experience to the firm, primarily within the food industry. He currently serves as a Board Member on all Lios portfolio companies. Prior to Power Sustainable Lios, Craig founded and led Clearview Advisory, an agri-food-focused mid-market advisory firm. Prior to that, Craig was an executive with SunOpta, a $1.5 billion global leader in organic foods and ingredients, where he led Corporate Development, Strategy, and FP&A across North America and Europe. During his career, Craig has led investments, integrations, and divestitures across multiple ingredient and food categories. He was recognized as a Canadian Dealmaker of the Year by Lexpert, Deloitte, The Globe and Mail, and Thomson Reuters in 2016. Craig began his career in Corporate Finance at PwC where he focused on M&A advisory and capital raising in the mid-market across a range of sectors, including agri-food.
