What is Superior Plus?
Founded in 1996 and headquartered in Toronto, Ontario, Superior Plus operates as a critical provider of essential energy services. The company specializes in the distribution of fuels and the provision of specialized energy equipment, serving a broad spectrum of residential and commercial clients. Its market position is defined by a robust supply chain and a commitment to reliable energy delivery, which has made it a vital player in the Canadian energy landscape. By integrating strategic acquisitions with organic growth, Superior Plus maintains a competitive edge in the energy services industry.
How much funding has Superior Plus raised?
Superior Plus has raised a total of $692.3M across 2 funding rounds:
Share Placement
$404.3M
Share Placement
$288M
Share Placement (2021): $404.3M with participation from RBC Dominion Securities, Cormark Securities, Inc, AltaCorp Capital, CIBC World Markets, Raymond James, iA Private Wealth, Wells Fargo Securities, Canaccord Genuity, Desjardins, TD Securities, BMO Nesbitt Burns Investment Advisors, National Bank Financial - Wealth Management, Scotia Capital, J.P. Morgan First Capital Securities, and Casgrain Asset Management
Share Placement (2022): $288M, investors not publicly disclosed
Key Investors in Superior Plus
RBC Dominion Securities
RBC Dominion Securities is the brand used by Royal Bank of Canada for full service brokerage services, primarily in Canada, and forms part of RBC's Wealth Management division.
AltaCorp Capital
ATB Cormark Capital Markets is a full-service capital markets firm that provides customized financial solutions to support businesses in achieving their strategic goals.
TD Securities
TD Securities provides a wide range of capital market products and services to corporations, governments and institutions, focusing on underwriting and strategic advisory.
What's next for Superior Plus?
Looking ahead, the recent capital injection is expected to catalyze further expansion and operational optimization. With a solid foundation of institutional backing, Superior Plus is well-positioned to pursue strategic initiatives that enhance its service delivery and energy efficiency. The company will likely focus on scaling its infrastructure and exploring new market opportunities, leveraging its strong financial position to navigate potential volatility in the energy sector. As it moves forward, the firm remains committed to delivering value to its stakeholders while maintaining its role as a reliable energy partner for businesses and households alike.
See full Superior Plus company page
