Decisive Dividend is an acquisition-oriented company
focused on opportunities in manufacturing
Our purpose is to be the sought-out choice for exiting legacy-minded business owners, while supporting the long-term success of the businesses acquired.
Through that, we create sustainable and growing shareholder returns.
In the News
What We Do
Buy
We use a disciplined acquisition strategy to identify profitable, well-established, high quality manufacturing companies. We look for a sustainable competitive advantage, steady cash flows, growth potential and established, strong leadership with enterprise values up to $25 million.
Build
We support the long-term success of the businesses acquired, with resources to help them achieve their potential. We recognize that those running the business know it better than we do.
Hold
We care about continuing the business legacies of the vendors whose companies we acquire and are committed to the communities our businesses are located in. We do not buy a company to sell it.
The Decisive Way
Our Values & What We Stand For
Portfolio
A more comprehensive description of each company can be found in the Portfolio section.
Subsidiary Locations in Canada, US & UK
Leadership Team
Jeff Schellenberg, B.Comm, MBA, LL.B
Chief Executive Officer
Jeff is the Chief Executive Officer of Decisive Dividend Corporation, a role he has served in since June 2021.
Prior to this role, Jeff served as Co-Chief Executive Officer and Chief Financial Officer of TerraPro Inc., an Alberta based, Canadian energy services business. While at TerraPro, the company was named as one of Canada’s Best Managed Companies, achieving Gold Status in 2018. TerraPro was also named as one of Canada’s Fastest Growing Companies in the first four years Jeff was with the company.
Before joining TerraPro, Jeff was with Merrill Lynch Canada Inc. in Toronto, Ontario, as an Investment Banker, where he advised on over $100 billion of mergers & acquisitions and financing transactions over seven years.
Jeff obtained a Bachelor of Commerce, MBA and Bachelor of Laws from the University of Alberta and was called to the bar in Ontario in 2006.
Rick Torriero, CPA, CA
Chief Financial Officer
Rick became the Chief Financial Officer of Decisive Dividend Corporation in the fall of 2018.
He is a senior executive with over 20 years of experience in domestic and international finance, accounting and taxation.
Before joining Decisive, Rick served as VP Finance of Savanna Energy Services Corp., an oilfield services company in Calgary. Through his 14 years at Savanna, Rick held several senior finance positions before being appointed VP finance in 2015, and also served as interim CFO after Savanna was acquired in mid-2017.
Prior to Savanna, he worked in audit and accounting with BDO Dunwoody LLP in Calgary with a focus on small to medium sized organizations that ranged from owner managed, to publicly traded, and not-for-profit.
Rick graduated from Simon Fraser University with a Bachelor of Business Administration in 2001 and has been a Chartered Professional Accountant (CA) since 2004.
Terry Edwards, B.Admin
Chief Operating Officer
Terry is a co-founder and has been the Chief Operating Officer and a Director of Decisive Dividend Corporation since inception.
He is an accomplished business leader with over three decades of experience as an executive, founder, investor, and board member, working across diverse industries including manufacturing, financial services, and professional services with public and private companies across Canada and in the United Kingdom.
Terry was previously Chief Operating Officer of Pushor Mitchell Lawyers with responsibility for strategic growth, business development, and operational efficiency of the largest law firm in British Columbia outside the Lower Mainland.
Before joining Pushor Mitchell Lawyers, he had a successful 20 year career with CIBC where he held senior leadership and executive roles across Canada including Vice President / Region Head, Southern Ontario with oversight of 150 branches, $145 million in revenue and a team of 1800 employees.
He is a past Director and Chair for the Central Okanagan Economic Development Commission.
Terry obtained a Business Administration Degree from the University of Regina and has completed executive education programs at Harvard University.
Julie Wilson, BA, CPHR
VP People & Culture
Julie joined Decisive Dividend Corporation in September 2023 as Vice President, People & Culture.
She has over 25 years human resource experience leading the development and execution of talent and culture management programs in a variety of industries, including construction, oil & gas, banking and food service. Prior to Decisive, she held the position of Director, Human Resources with Chandos Construction. At Chandos, Julie played a critical role in shaping their human capital strategy to accelerate business growth.
Julie’s authentic, professional, innovative and collaborative style promotes a workplace culture that aligns talent management practices with a company’s values. She has a proven track record of aligning people strategies with business objectives to nurture talent and achieve results.
Julie has Bachelor of Arts in Psychology from McMaster University, Post Graduate Diploma in Human Resource Management from George Brown College, CPHR designation and is a chartered member of the CPHR BC and Yukon.
Josh Widmann, CPA, CA
AVP Accounting
Josh joined Decisive Dividend in early 2023 as the AVP Accounting. He is an accomplished and experienced professional, mentor, and teammate.
Prior to joining Decisive, Josh served as the Director, Financial Reporting for Canada Drives, leading complex projects including a conversion to IFRS, ERP implementation, process improvements, and finance team transformation all while overseeing and owning the financial statement process.
Josh spent time as a professor at Okanagan College, furthering his passion for education and mentorship. He also spent 8 years working for the firm Grant Thornton LLP, rising to the rank of Senior Manager while leading audit engagements for clients in a wide variety of industries.
Josh holds a Bachelor of Business Administration degree from Okanagan College and has been a Chartered Professional Accountant (CPA) and Chartered Accountant (CA) since 2015. Josh was on the CA profession’s National Honour Roll for the 2014 UFE.
Gavin Fretwell, CFA, CPA
AVP Finance
Gavin joined Decisive Dividend as the AVP, Finance in July 2023. He is actively involved in all aspects of the investment process, transaction execution, and supporting portfolio companies.
He has over ten years of experience working in private equity, alternative financing, corporate development, and equity research. Prior to joining Decisive, Gavin served as an Associate Principal, Growth Equity Partners at BDC Capital. Prior to BDC, he was a senior member of the corporate development team at a large energy infrastructure company, involved in all aspects of acquisitions, divestitures, and corporate strategy.
Gavin graduated from Okanagan College with a Bachelor of Business Administration (Finance). He is a CFA Charterholder and a Chartered Professional Accountant (CPA, CMA).
