For Immediate Release
Regenerative Capital Group Announces Acquisition of Ocean Pacific Marine Supply Ltd.
Campbell River, BC – January 26, 2026 – Regenerative Capital Group (“RCG”), a Canadian impact investment fund, is pleased to announce it has entered into a definitive agreement to acquire Ocean Pacific Marine Supply Ltd. (“Ocean Pacific”).
Founded in 1985 in Campbell River, British Columbia, Ocean Pacific has grown to become Vancouver Island’s leading marine services provider, aligned with Canada’s National Shipbuilding Strategy. The company provides repair, refit, and vessel life-extension services for government, commercial, and recreational vessels, supported by a full-service boatyard and marine retail store. Ocean Pacific operates a 150-ton travelift and maintains ISO 9001:2015 certification, with ABYC-certified technicians and CWB-certified welders. Its strategic location, specialized infrastructure, experienced workforce, and long-standing customer relationships position it as a critical service provider in British Columbia’s capacity-constrained marine services market.
“After nearly 40 years building Ocean Pacific into the trusted name it is today, Linda and I are proud to pass the helm to a team that shares our commitment to quality, our employees, and the Campbell River community,” said Bruce Kempling, Founder and President of Ocean Pacific. “Regenerative Capital Group's approach to honouring business legacies while unlocking future potential made them the right partners for this transition.”
“Ocean Pacific represents exactly the kind of business I sought through RCG's CEO‑in‑Residence program—a company with a strong technological foundation, deep expertise, enduring customer relationships, and an outsized impact potential,” said Govinda Advani, incoming CEO of Ocean Pacific. “I'm honoured to steward Bruce and Linda's legacy and to work with the incredible Ocean Pacific team to cultivate the company’s full potential while maintaining the quality and service excellence that has defined it for four decades.”
“Ocean Pacific is exactly the kind of business we back: founder-built, deeply embedded in its community, and essential to a capacity-constrained market,” said Cordell Jacks, CEO and General Partner of Regenerative Capital Group. “Our role is to provide patient capital and support the next phase of growth without disrupting the people or relationships that made the company successful.”
“With specialized marine infrastructure, an experienced technical workforce, and long-standing government and commercial customers, Ocean Pacific is built to handle more complex work at greater scale,” said Michael Miller, Chair and General Partner of Regenerative Capital Group. “Those fundamentals give the company a clear runway for growth while maintaining the service standards Ocean Pacific is known for.”
The transaction is expected to close in the coming weeks, subject to customary closing conditions. All Ocean Pacific employees will be retained, and operations will continue from the company’s Campbell River facility. Bruce Kempling will support the transition and knowledge transfer in the role of President, for the foreseeable future. Key management, including Laura Kempling (Manager of HR and Administration) and Tyrone Monteith (Boatyard Manager), will continue in evolved roles.
Regenerative Capital Group was advised by MNP Corporate Finance, Strive Law Corporation, Navacord Insurance Services Alberta Inc, ALH LLP, and Soma Integral Consulting. Ocean Pacific was advised by Moeller Matthews, Chartered Professional Accountants, and Longstone Law Corporation.
About Regenerative Capital Group
Regenerative Capital Group is a Canadian impact investment firm that invests in entrepreneurial leaders to acquire and evolve Canadian SMEs—creating value through purpose, profit, and long‑term impact. Through its CEO‑in‑Residence program, RCG recruits exceptional, impact‑aligned aspiring leaders who want to acquire, grow, and evolve companies not just for profit, but for lasting, positive impact.
Contact Information
Regenerative Capital Group
Email: cordell.jacks@regenerativecapitalgroup.com
Website: www.regenerativecapitalgroup.com
Ocean Pacific Marine Supply
Email: info@oceanpacificmarine.com
Website: www.oceanpacificmarine.com