Wekerle Appointed CEO Of Difference Capital

BY: 

Dave Forde
June 11, 2012

Difference Capital Funding Inc. recently named Michael Wekerle as Chief Executive Officer, as they look to grow and further position themselves as a technology-oriented merchant bank.   Michael has extensive investment banking experience. He is co-founder of Difference Capital Inc. which created Difference Capital Funding last month through the purchase of a 49.9 per cent stake in TriNorth Capital Inc. TriNorth’s name has subsequently been changed to Difference Capital Funding. Prior to setting up Difference Capital in 2011, Mr. Wekerle was vice-chairman of institutional trading at GMP Securities. Difference Capital Funding secured $21.5 million in funding last week through the initial tranche of a non-brokered private placement. It expects to finalize a secondary financing prior to June 8. Separately, John Albright has been appointed a Director of Difference Capital Funding. Mr. Albright is Co-Founder and managing partner of Relay Ventures, an early-stage venture fund focussed on mobile software. He is also a director of several technology companies, and of the Canadian Venture Capital and Private Equity Association (CVCA).

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Dave Forde


Dave “The Connector” Forde has been involved in the marketing, public relations and technology industry across Canada for over 20 years in various sales and marketing roles, he launched The Connected One network of business sites which connects buyers to the right sellers. Profectio and PR In Canada covers news about the marketing and public relations industry each day helping professionals advance their career and businesses. He also serves as an advisor to a number of businesses across the country. Find Dave on LinkedIn and Twitter.


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