Pender Growth Fund Inc.
PNDDF
Other OTC- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- David A. Barr
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Suite 1830 Vancouver BC Canada V6E 3X2
- IPO Date
- Oct 5, 2017
- Website
- pendergrowthfund.com
- Similar Companies
- Business
- Pender Growth Fund Inc. (TSXV:PTF; OTC:PNDDF) is a Vancouver-based investment firm that achieves long-term capital growth by investing in a diversified portfolio of public and private securities, with a focus on small-cap, later-stage, special situations, restructuring, and expansion capital opportunities, principally in the technology sector; its portfolio includes equity stakes in public companies such as BuildDirect.com Technologies Inc., Peloton Interactive Inc., TrueContext Corporation, and Zillow Group Inc., as well as private holdings managed through subsidiaries like Pender Software Holdings Ltd.. Founded in 1994 and headquartered at 1066 Hastings St W, Suite 1640, Vancouver, British Columbia, Canada, the company operates primarily in North America, targeting profitable small and mid-sized technology businesses at inflection points, leveraging its flexible mandate and long-term horizon to capitalize on mispriced assets in public equity markets and illiquid private investments.. Pender Growth Fund generates revenue through dividends, interest, and capital gains from its holdings, posting monthly net asset value (NAV) updates on its website, with NAV per Class C share at $17.06 as of October 31, 2025.. In recent developments, the company completed the acquisition of four cash-flow-positive technology firms—POWR Inc., Rowanwood Professional Services Ltd., Cranham Haig Ltd. (dba CHL Software), and Assured Software Ltd.—from Pluribus Technologies Corp. in October 2024 for C$17.0 million via its majority-owned subsidiary Pender Software Holdings Ltd. (86% owned by Pender), enhancing its private software portfolio; it subsequently announced a merger between Pender Software Holdings and Acorn Partners Inc. in 2025 to bolster operational excellence and growth; additionally, Pender realized significant gains from the sale of portfolio company Copperleaf Technologies Inc. in Q3 2024, injecting approximately $70 million in cash for new deployments, reported net income of $55.5 million for the year ended December 31, 2024, and initiated a Normal Course Issuer Bid for share repurchases.. The firm is managed by PenderFund Capital Management Ltd., an independent Vancouver-based asset manager founded in 2003 with aligned employee ownership, providing expertise in public and private equity across Canada and the United States..