Our Story
Explora was founded with the belief that growing businesses and the impact they have on employees, customers and broader society is the ultimate adventure. We are not a private equity firm — we are owners and explorers — and we invest all of our time, capital, and energy into owning and operating great businesses.
In 2020, Cyrus Symoom and Jake Dancyger completed Explora’s acquisition of Clariti, a software company providing innovative permitting and licensing solutions for state and local governments. Under their leadership, Clariti was named one of Canada’s Top Growing Companies in 2022 by The Globe and Mail, #11 for Best Workplaces in Canada, and one of the 100 most influential companies by Government Technology Magazine after being recognized on its ‘GovTech 100’ list for 2022 & 2023. In 2023, Cyrus and Jake acquired and added Camino Technologies, a US-based government technology business, to the Clariti business.
In 2023, Graeme Buchan completed Explora’s investment in Integrity Advocate, a technology company providing identity verification, participation monitoring and exam proctoring solutions for Certification Organizations, Corporate Training, Higher Education & K-12 clients.
We are growth-minded entrepreneurs building great businesses for many years to come.
Our Focus
Explora is dedicated to building upon the legacy of an owner. We are focused on opportunities in North America with the following characteristics:
Financial Profile
• Annual sales of $5-50M ($2M+ ARR for Software)
• Low recurring maintenance requirements
Business Profile
• Differentiated product or service offering
• Potential growth avenues (e.g. product extension, geographic expansion, etc.)
Industry Profile
• Stable or growing market
• Minimal relation to commodities, real-estate, and regulatory factors
Owner Profile
• Seeking a full or majority sale of business
• Looking to take a less active day-to-day role
• Wanting to ensure continuity for the business
We have extensive experience in building businesses in the business services, tech-enabled services, distribution and consumer products industries, and will opportunistically assess other businesses where we see growth potential.
Our Values
What we do is partner with owners to transition and grow great businesses. How we do it is what sets us apart. We believe lasting success is rooted in staying true to our core values: integrity, passion, humility, and hard work.
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