March 2026 – Osprey Capital Partners Inc. is pleased to announce that TerraGen Environmental Group Inc., a Canadian leader in commercial and institutional rooftop mounting systems, has entered into a partnership with Eterna Equity, a Vancouver-based private equity firm. Osprey Capital acted as the exclusive advisor to TerraGen.
This transaction marks another milestone for Osprey Capital, further demonstrating its ability to deliver exceptional outcomes for Canadian business owners.
The Client
TerraGen is a leading Canadian manufacturer of photovoltaic (PV) rooftop racking and mounting systems for commercial and institutional solar projects, headquartered in Alliston, Ontario.
Over 16 years, the company has delivered over 300 megawatts of racking solutions across more than 1,800 projects in North America, building a strong reputation for reliability, innovation, and customer service.
The Objective
The shareholders were seeking a strategic partner to support TerraGen’s next phase of growth. Osprey Capital was engaged to run a tailored process, identify the ideal partner, and negotiate favourable terms. Osprey Capital worked closely with management to support due diligence and ensure a smooth and efficient path to closing.
The Result
The Osprey Capital Team: “It was a tremendous pleasure working with Darren and Brandon throughout this process. They have built an exceptional business, and we are excited to see TerraGen thrive in its next chapter alongside Eterna.”
Darren Jones, President of TerraGen: “Osprey Capital simplified a complex process while consistently providing thoughtful guidance and support. Their approach was transparent and highly responsive, and I would not hesitate to recommend them to anyone navigating a similar situation.”
