Kensington Capital Partners today announced the acquisition of the venture capital investment business of ONE9, the Ottawa-based team led by founder and Managing Partner Glenn Cowan. Upon completion of the transaction, all ONE9’s future investment activities, including new funds and new direct investments, will be completed exclusively within Kensington. This strategic move establishes Kensington as a market leader for investments in National Security technologies, including cybersecurity, as well as dual use and defense first technologies.

Through its 29-year history investing in private equity and venture capital, Kensington has independently established its own track record investing in National Security technologies, where it sees many of the most compelling new opportunities emerging in today’s market, from artificial intelligence to robotics and autonomous systems, space technologies and cybersecurity. Now, with the addition of ONE9’s domain expertise, the combined team is well positioned to take a leadership role in this sector.

“In today’s world, we are seeing the growing importance of directing our investment and innovation efforts towards our collective National Security,” said Glenn Cowan. “This transaction positions us to lead the market in this sector.”

“Working alongside Glenn and his team for the past several years has led to a strong and successful collaboration, and increased our focus on the National Security sector,” said Rick Nathan, Senior Managing Director at Kensington.

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