We believe that a company's greatest strength is its people.
The Partners of Covehead Bay Capital are experienced entrepreneurs with a history of building successful companies that endure. We take a long-term approach with our investments. We believe that a company's greatest strength is its people. We work to engage our employees to create a strong culture where everyone succeeds. Our Partners have over 80 years of combined experience leading successful companies. We are good operators and will be good partners.
Investing in quality companies based in the Maritimes.
Investment Criteria
Covehead Bay Capital invests in quality companies based in the Maritimes. We seek 100% acquisitions or controlling interest.
We invest in all sectors.
Ideal Investee Attributes
$1M-$10M Enterprise Value Range
History of consistent cash flow
Opportunity for growth
Significant brand strength
Good management team
Maritime based
We use various transaction methods to work with our investment companies, owner / operator selling their business, succession planning with a entrepreneur or working with management on a management buyout.
The Team
The Partners of Covehead Bay Capital are experienced entrepreneurs with a history of building successful companies that endure.
Kevin Murphy
Partner
Kevin is a co-founder of Covehead Bay Capital, and is the acting Chairman and Co-founder of the Murphy Hospitality Group with operations throughout Atlantic Canada. He has over 40 years experience as an entrepreneur, operating various companies in the following sectors: Restaurants, Accomodations, Craft Beer Brewery, and Events. He holds a Bachelor of Business Administration from the University of Prince Edward Island. Kevin enjoys sports, travelling, and spending time with his family. In 2021, Kevin and his wife Kathy were named to the Order of Canada for their leadership in conservation and tourism, as well as their mentorship of entrepreneurs.
kmurphy@chbcap.ca
Stephen Murphy
Partner
Stephen is a co-founder of Covehead Bay Capital, and the Vice-President of RezPlus. He has over 30 years experience as an entrepreneur. Prior to joining RezPlus, Stephen spent 22 years as owner / operator of his own 14 unit restaurant group in the Ottawa Area. He holds a Bachelor of Business Administration from the University of Prince Edward Island and is a Chartered Professional Accountant and Chartered Business Valuator and has extensive experience working with companies on mergers and acquisitions. Stephen enjoys playing golf and travelling with his family.
smurphy@chbcap.ca
Jason Morais
Partner
Jason is a co-founder of Covehead Bay Capital and has over 10 years experience as an entrepreneur. He is the President of Two Men and a Truck Halifax and Quality Sound Alarm. Jason previously practiced law at a major Charlottetown firm, where he specialized in corporate transactions, real estate, civil litigation, as well as family and criminal law. He holds a Bachelor of Business Administration (First Class Standing) from the University of Prince Edward Island, and a Juris Doctor from Bond University. Jason enjoys playing sports including hockey and golf, and spending time with his family
jmorais@chbcap.ca