We invest in resilient businesses and pursue life-changing journeys for everyone involved.
We invest in resilient businesses and pursue life-changing journeys for everyone involved.
We invest in resilient businesses and pursue life-changing journeys for everyone involved.
people-first private equity
Who we are
Who we are
There are brilliant leaders of small-to-medium businesses across Western Canada who have the potential to break through their growth thresholds, but lack investment partners with the empathy, mindsets, or even desire to successfully partner with them.
Blue Flag Capital is a private equity firm that was created by its two Founding Partners, Ahmed Abdelrahman and Nolan Ryan, to address this specific need. And to have a lot of fun building with entrepreneurs and their teams.
There are brilliant leaders of small-to-medium businesses across Western Canada who have the potential to break through their growth thresholds, but lack investment partners with the empathy, mindsets, or even desire to successfully partner with them.
Blue Flag Capital is a private equity firm that was created by its two Founding Partners, Ahmed Abdelrahman and Nolan Ryan, to address this specific need. And to have a lot of fun building with entrepreneurs and their teams.
There are brilliant leaders of small-to-medium businesses across Western Canada who have the potential to break through their growth thresholds, but not enough investment partners with the empathy, mindsets, or even desire to successfully partner with them.
Blue Flag Capital is a private equity firm that was created by its two Founding Partners, Ahmed Abdelrahman and Nolan Ryan, to address this specific need. And to have a lot of fun building with entrepreneurs and their teams.
Who We Are
Our Team
Our Team
Ahmed Abdelrahman has a decade of management consulting supporting businesses with operating models, organizational design, operational excellence, post-merger integration, and more. Most recently, Ahmed was co-founder and COO of Solace, a fractional talent marketplace that grew quickly from $0 to $1M in top-line revenue in its first year and experienced 20% year-over-year growth.
Work aside, Ahmed is a massive soccer fan who wakes up at 5 AM on weekends to watch the English Premier League and his favourite club Chelsea play. Love playing sports (soccer, golf, skiing, snowboarding) and always prioritize good times with his family and friends.
Ahmed Abdelrahman has a decade of management consulting supporting businesses with operating models, organizational design, operational excellence, post-merger integration, and more. Most recently, Ahmed was co-founder and COO of Solace, a fractional talent marketplace that grew quickly from $0 to $1M in top-line revenue in its first year and experienced 20% year-over-year growth.
Work aside, Ahmed is a massive soccer fan who wakes up at 5 AM on weekends to watch the English Premier League and his favourite club Chelsea play. Love playing sports (soccer, golf, skiing, snowboarding) and always prioritize good times with his family and friends.
Nolan is an entrepreneur at heart, with a decade of experience across private equity, investment banking, corporate finance, and private debt. He’s helped businesses improve their financial processes and strategy, secure capital, and navigate growth. As a fractional CFO, he's worked hands-on with PE-backed companies, helping them enhance their financial strategy to drive growth, profitability, and sustainability.
When he’s not building Blue Flag, he’s on the racetrack, playing music, scuba diving, riding his bike, or playing hockey.
Nolan is an entrepreneur at heart, with a background in private equity, investment banking, corporate finance, and private debt. He’s helped businesses improve their financial processes and strategy, secure capital, and navigate growth. As a fractional CFO, he worked hands-on with PE-backed companies, helping them level up from a financial strategy perspective.
When he’s not building Blue Flag, he’s on the racetrack, playing music, scuba diving, riding his bike, or playing hockey.
Our Team
Ahmed Abdelrahman has a decade of management consulting experience primarily supporting small-to-medium businesses and enterprise companies with operating models, organizational design, operational excellence, post-merger integration, and more. Most recently, Ahmed was co-founder and COO of Solace, a fractional talent marketplace founded in February 2023 that grew quickly from $0 to $1M in top-line revenue in its first year and experienced 20% year-over-year growth.
Work aside, Ahmed is a massive soccer fan who wakes up at 5 AM on weekends to watch the English Premier League and his favourite club Chelsea play. Love playing sports (soccer, golf, skiing, snowboarding) and always prioritize good times with his family and friends.
Nolan is an entrepreneur at heart, with a background in private equity, investment banking, corporate finance, and private debt. He’s helped businesses improve their financial processes and strategy, secure capital, and navigate growth. As a fractional CFO, he worked hands-on with PE-backed companies, helping them level up from a financial strategy perspective.
When he’s not building Blue Flag, he’s on the racetrack, playing music, scuba diving, riding his bike, or playing hockey.
Opportunities that Excite Us
We seek to build enduringly profitable and resilient companies which thrive in our generation and the next.
We focus on recession-resistant businesses with strong fundamentals and predictable revenue that keep our communities running smoothly.
$1M - $5M EBITDA
$1M - $5M EBITDA
$1M - $5M EBITDA
Owner-Managed / Led (or strong internal leader(s) lined up for succession)
Owner-Managed / Led (or strong internal leader(s) lined up for succession)
Owner-Managed / Led (or strong internal leader(s) lined up for succession)
2-4 Years Owner/Seller Transition Period
2-4 Years Owner/Seller Transition Period
2-4 Years Owner/Seller Transition Period
Western-Canada Based
Western-Canada Based
Western-Canada Based
What Makes Blue Flag Different
What Makes Blue Flag Different
Employee Empowerment
We believe the best companies are built by people who act like owners. When we invest in your company, we create opportunities and encourage employees to share in ownership or profit. Your team helped build your business – we make sure they’re rewarded for it, turning loyal employees into proud co-owners.
Employee Empowerment
We believe the best companies are built by people who act like owners. When we invest in your company, we create opportunities and encourage employees to share in ownership or profit. Your team helped build your business – we make sure they’re rewarded for it, turning loyal employees into proud co-owners.
Employee Empowerment
We believe the best companies are built by people who act like owners. When we invest in your company, we create opportunities and encourage employees to share in ownership or profit. Your team helped build your business – we make sure they’re rewarded for it, turning loyal employees into proud co-owners.
Respect for Your Legacy
You’ve spent years building relationships with your customers and community, and we value that deeply. That’s why we work with owners on a smooth transition plan of about 2-4 years. You stay involved at the right level while we gradually step in, ensuring your employees, customers, and legacy are cared for throughout the process.
Respect for Your Legacy
You’ve spent years building relationships with your customers and community, and we value that deeply. That’s why we work with owners on a smooth transition plan of about 2-4 years. You stay involved at the right level while we gradually step in, ensuring your employees, customers, and legacy are cared for throughout the process.
Respect for Your Legacy
You’ve spent years building relationships with your customers and community, and we value that deeply. That’s why we work with owners on a smooth transition plan of about 2-4 years. You stay involved at the right level while we gradually step in, ensuring your employees, customers, and legacy are cared for throughout the process.
Humility
You know your business better than we do. We recognize the value of your skillsets, and we like to think Blue Flag’s skillsets in finance, technology, and scaling business operations can augment SMB founders quite well. We endeavour to identify and tap-into the teams’ strengths to fulfill the company’s goals while keeping people happy and engaged.
Humility
You know your business better than we do. We recognize the value of your skillsets, and we like to think Blue Flag’s skillsets in finance, technology, and scaling business operations can augment SMB founders quite well. We endeavour to identify and tap-into the teams’ strengths to fulfill the company’s goals while keeping people happy and engaged.
Humility
You know your business better than we do. We recognize the value of your skillsets, and we like to think Blue Flag’s skillsets in finance, technology, and scaling business operations can augment SMB founders quite well. We endeavour to identify and tap-into the teams’ strengths to fulfill the company’s goals while keeping people happy and engaged.
Passion for Blue-Collar Businesses
We love what we do, and we have a soft spot for the kinds of blue-collar businesses that keep the world turning. We see potential where others might not. To us, a plumbing or electrical company isn’t just a small business – it’s the backbone of the community. We get excited about helping these businesses grow and thrive.
Passion for Blue-Collar Businesses
We love what we do, and we have a soft spot for the kinds of blue-collar businesses that keep the world turning. We see potential where others might not. To us, a plumbing or electrical company isn’t just a small business – it’s the backbone of the community. We get excited about helping these businesses grow and thrive.
Passion for Blue-Collar Businesses
We love what we do, and we have a soft spot for the kinds of blue-collar businesses that keep the world turning. We see potential where others might not. To us, a plumbing or electrical company isn’t just a small business – it’s the backbone of the community. We get excited about helping these businesses grow and thrive.
Long Term Partnership with Investor Exit Flexibility
Typical private equity looks to sell acquired companies in 5-7 years. At Blue Flag, however, we continue our partnerships well beyond 5-7 years. We offer our investors the flexibility to choose between continuing to keep their capital invested for the long term with us, or a traditional exit after 5 years.
Long Term Partnership with Investor Exit Flexibility
Typical private equity looks to sell acquired companies in 5-7 years. At Blue Flag, however, we continue our partnerships well beyond 5-7 years. We offer our investors the flexibility to choose between continuing to keep their capital invested for the long term with us, or a traditional exit after 5 years.
Long-Term Partnership with Investor Exit Flexibilty
Typical private equity looks to sell acquired companies in 5-7 years. At Blue Flag, however, we continue our partnerships well beyond 5-7 years. We offer our investors the flexibility to choose between continuing to keep their capital invested for the long term with us, or a traditional exit after 5 years.
Long-Term Partnership with Investor Exit Flexibilty
Typical private equity looks to sell acquired companies in 5-7 years. At Blue Flag, however, we continue our partnerships well beyond 5-7 years. We offer our investors the flexibility to choose between continuing to keep their capital invested for the long term with us, or a traditional exit after 5 years.