BG Capital Group of Companies
The group has two main affiliates, which are based in Barbados, although BG has office in Plantation, Boca Raton, Nassau, Los Angeles, Toronto and Vancouver.
BG Capital Group Ltd.
A merchant bank specializing in small- and mid-cap investment services, such as mergers and acquisitions. It is also the largest shareholder in Clearly Canadian Beverage Corp., which has filed a plan with bankruptcy court in Canada to go private.
BG Capital Management Corp.
Owns 100 percent of:
Neptune Society, cremation services, Plantation
American DataSource, a trust administrative service provider to the funeral service field, Houston
BG Capital Real Estate Holdings
Vancouver International Polo Team, which also has a polo club in Argentina
The Little School House, an early learning center, Nassau
Owns 75 percent of:
Neptune Memorial Reef, an underwater memorial park off Key Biscayne
Owns 50 percent of:
Jemi Holdings, a British Columbia land company
M&M Engineering, St. John’s, Newfoundland
Tamarack North Ltd., builders and engineers, Port Carling, Ontario
Bari Builders, Pompano Beach
Nautic Distributors Ltd., a watersports products company, Richmond, British Columbia
“…the company (JFI.v) announced that it has completed a senior secured debt financing pursuant to which the company issued notes to investment funds managed by Vertex One Asset Management (Vertex) for $11 million. The Vertex loan has an upfront fee of 5%, a term of 6 months and bears an interest rate of 17% per annum. The company has the option to renew the loan for an additional 6 month term and during the second term the loan would bear an interest rate of 22%. Additionally, the company announced that it has completed an additional secured financing with BG Capital Group Ltd. for $5 million. The BG Capital loan is subordinate to the Vertex loan, has a term of 12 months and bears an interest rate of 22%.”