Flow Capital to invest $15-million in Common Wealth

Executive Summary

• Flow Capital Corp. has arranged a C$15.0 million senior secured note investment in Common Wealth Pension Services Inc. (doing business as Common Wealth), a software-as-a-service company specializing in the Canadian group retirement market.
• The financing structure includes a first tranche advance of $4.0 million, with the remaining funds available as part of the total facility.
• The capital is intended to support Common Wealth in accelerating product innovation, expanding its customer base, and scaling operations.

Key Details

• Investor: Flow Capital Corp.
• Borrower: Common Wealth Pension Services Inc. (doing business as Common Wealth).
• Total Facility Size: C$15.0 million.
• Instrument Type: Senior secured note.
• Initial Advance: First tranche advance of $4.0 million.
• Use of Proceeds: Accelerating product innovation, expanding customer base, and scaling operations.
• Company Profile: Common Wealth provides a full-stack platform for group retirement plan administration, serving over 1,100 employers across Canada, with a focus on SMBs and advisers.
• Awards: Common Wealth's retirement technology platform was awarded Pensions & Investments' Global Innovation Award for Best Technology.