Torstar was founded after the Ontario … Jordan Bitove and Paul Rivett of NordStar Capital LP. Jordan Bitove once had a Star paper route and says “I have always been a follower of the paper.” His family brought both the world Championship of Basketball and the Raptors to the city. Bitove is with Toronto-based private equity firm Spectrum Capital Partners. Beyond that, The Star’s new owners, Jordan Bitove and Paul Rivett, should re-examine the way they screen senior hires. Businesses in the group include the Toronto Star and numerous other city and community news organizations. NordStar Capital, owned by Jordan Bitove and Paul Rivett, struck a $52-million agreement to take the struggling media company private, including its Toronto Star newspaper and various local news outlets it operates in other cities. the new owners of Torstar Corp. Photo by Handout Article content. Rivett was an executive at insurance and investment holding firm Fairfax, which held a 40% stake in Torstar’s Class B shares. Current and former colleagues of Jordan Bitove and Paul Rivett say the pair are the perfect people for the job. Rivett recently retired from his … Torstar was acquired in 2020 by Nordstar Capital, an entity owned by Toronto businessmen Jordan Bitove and Paul Rivett. History. The new venture provides parcel delivery for retailers and distributors, including Toys R Us. Vice President. Founder. Paul Rivett was the President (from 2013 to 2020) of Fairfax Financial Holdings Limited ... Rivett and Jordan Bitove of NordStar Capital launched acquisition of Torstar. READ … Jordan Bitove and Paul Rivett, who have offered just over $51-million for Torstar, say the publisher of the Toronto Star has lagged its competition in generating revenue from internet … Catalog; For You; Toronto Star ‘We can build something that’s very special’ Jordan Bitove, Paul Rivett have deep roots in business community 2020-05-27 - FRANCINE KOPUN … Torstar, the publisher of the Toronto Star and Star.com, has been sold for approximately $52 million to NordStar Capital, run by entrepreneurs Jordan Bitove and Paul Rivett and wholly-owned by their families.Former Ontario premier David Peterson will serve as vice chair of the company, and John Boynton will remain Torstar’s CEO. They are not in it to lose money and run it as a charitable philanthropic … Chair & Co-Proprietor. The company that publishes the Toronto Star has agreed to be sold to a company run by entrepreneurs Jordan Bitove and Paul Rivett in a deal worth roughly $52 million. They and their families wholly own NordStar Capital, the … The battle to acquire Torstar took a dramatic turn Saturday with the emergence of an improved $60-million bid from NordStar Capital, which topped a rival $58-million offer from Canadian Modern Media Holdings Inc.. Entrepreneurs Jordan Bitove and Paul Rivett have officially sealed the deal and taken over Torstar, the company which publishes The Hamilton Spectator. His family was among those behind the Toronto Raptors basketball team coming to Toronto in 1993. By Rosa Saba Calgary Bureau. Toronto businessmen Jordan Bitove and Paul Rivett are joined by former Ontario premier David Peterson. Jordan’s distinguished career at the forefront of Canadian business includes real estate, hospitality, distribution and experiential marketing. The new bid from Jordan Bitove and Paul Rivett, the entrepreneurs behind NordStar, has the support of Torstar’s board of directors, the voting trust … Wed., May 27, 2020 timer 4 min. In this new role, Mr. Boynton will be working with NordStar co-owners Jordan Bitove and Paul Rivett on a number of exciting digital initiatives. TORONTO, ON- MAY 27 - Jordan Bitove, jacket, and Paul Rivett are the businessmen behind NordStar the entity that will buy Torstar that owns the Toronto Star and several other … Jordan Bitove and Paul Rivett explain how they came to buy Torstar and what they hope to do next. The two men behind the entity seeking to buy Torstar Corp., one of Canada’s biggest media companies, are no strangers to thinking boldly. View Jordan Bitove's profile on LinkedIn, the world's largest professional community. Mr. Bitove is the Publisher of the Toronto Star and Co-Owner of Torstar Corporation, a Canadian media conglomerate. use the following search parameters to narrow your results: subreddit:subreddit find submissions in "subreddit" author:username find submissions by "username" Vice President. TORONTO, ON- MAY 27 - Jordan Bitove, jacket, and Paul Rivett are the businessmen behind NordStar the entity that will buy Torstar that owns the Toronto Star and several other newspapers . The lessons of 2020, writes Torstar leadership group Jordan Bitove, Paul Rivett and David Peterson, will likely inform your ways, and certainly ours, moving forward. NordStar is controlled by Jordan Bitove and Paul Rivett and wholly owned by the Bitove and Rivett families. As Canadaland’s Jonathan Goldsbie documented in a 2020 piece, the Star’s new owners, Jordan Bitove and Paul Rivett, are cut from a different cloth than their predecessors. (Bitove’s family is old-school Canadian establishment; Rivett donated to Maxime Bernier’s leadership campaign in 2017). Newspapers in English Toronto businessmen Jordan Bitove and Paul Rivett are joined by former Ontario premier David Peterson 2020-08-08 - á His first job was delivering the Toronto Star. Catalog; For You; Toronto Star ‘We can build something that’s very special’ Jordan Bitove, Paul Rivett have deep roots in business community 2020-05-27 - FRANCINE KOPUN STAFF REPORTER . Read BIO Alfred Brown. If there’s one thing that ties Bitove and Rivett together, it’s that their business acumen is closely influenced by the values instilled in them by their respective families. They met through their sons, who played hockey together. Jordan Bitove is one of the key … As premier, David Peterson was often underestimated. Founder. use the following search parameters to narrow your results: subreddit:subreddit find submissions in "subreddit" author:usernameusername Did they engage a professional search firm to find Glogovac, or did they hire her because they knew her? Read bio Paul Rivett. Sat., … Jordan Bitove and Paul Rivett bring precisely that. By Rosa Saba Calgary Bureau. Jordan Bitove is a Co-Owner at Torstar based in Toronto, Ontario. The announcement of the $52 million deal came on Tuesday. The lessons of 2020, writes Torstar leadership group Jordan Bitove, Paul Rivett and David Peterson, will likely inform your ways, and certainly ours, moving forward. Publisher & Co-Proprietor. The Latest & Hot News in real time. Nordstar is run by Jordan Bitove and Paul Rivett. I remind you that the principals now are named Jordan Bitove, Paul Rivett, and David Peterson. Paul Rivett and Jordan Bitove of NordStar Capital have announced that they will both be taking on senior roles within Torstar: Rivett will become the company’s new chair and … Bitove is a partner in a private equity firm, and Rivett retired from his role as president of a large private … NordStar Capital, owned by Jordan Bitove and Paul Rivett, struck a $52-million agreement to take the struggling media company private, including its Toronto Star newspaper … Rivett acknowledged … The two men behind the entity seeking to buy Torstar Corp., one of Canada’s biggest media companies, are no strangers to thinking boldly. Founder. The buyers, Jordan Bitove and Paul Rivett, are financial tycoons. In addition to the iconic newspaper the company is named after, NordStar also got a slew of other under-the-radar assets. Torstar’s board of directors have … Phone Email. Liana Chen. The soon-to-be new owners of Torstar Corp., the … ! TORONTO, ON- MAY 27 - Jordan Bitove, jacket, and Paul Rivett are the businessmen behind NordStar the entity that will buy Torstar that owns the Toronto Star and several other … Rivett recently retired from his role as president of Fairfax Financial … Co-owners, Torstar The financial whizzes atop Canada’s largest daily. The clan’s tentacles expanded to the consortium that once owned SkyDome and, in its progeny, brought an NBA … One of the first major hires for Torstar since its acquisition by Paul Rivett and Jordan Bitove’s NordStar Capital comes from the agency world. Toronto Star owners Paul Rivett and Jordan Bitove and are joined by Superfan Nav Bhatia at the Stars Santa warehouse area as they unveil a contribution by the Raptors Superfan. Nicole Bitove Owner and Buyer of Canopy Blue Toronto, Former Ford Model for 15 years Toronto, Ontario, Canada 406 connections. … Entrepreneurs Jordan Bitove and Paul Rivett have officially sealed the deal and taken over Torstar, the company which publishes the Star, six other dailies and 70 community … Jul 29, 2020 - “You can’t grow revenue on the back of cuts.” Torstar’s acquirers say they hope to bring new revenue sources and partners to the business — and find ways to grow. He’s now … JORDAN BITOVE & PAUL RIVETT Co-owners, Torstar 2021-12-01 - FANS OF THE COUNTRY’S largest daily newspaper were cautiously pessimistic when the right-leaning Bitove and Rivett bought left-leaning Torstar. Bhatia … Vice President. readOne of the greatest investors of our time, Charlie Munger, vice-chairman of the storied Berkshire Hathaway, was recently quoted saying the Chinese government “did the right thing” by reining in Jack Ma. Nordstar owners, Jordan Bitove and Paul Rivett, bought out Torstar in August 2020 for $60 million. Welcome to InsideHalton.com, the Halton community website of Metroland West Media, a division of Metroland Media Group Ltd., a subsidiary of Torstar Corporation. One of them was a digital publishing company called VerticalScope valued at 3 times Torstar itself." ... Jordan Bitove. What happened when a Rogers family heiress decided to tear down t… Under terms of the deal, Bitove and Rivett will acquire all Class A shares and Class B non-voting shares of Torstar for 63 cents per share — a 67 per cent premium to the 20-day volume-weighted average trading price of the Class B shares as of May 25. This advertisement has not loaded yet, but your article continues below. Halton: About Us. read Lorenzo DeMarchi, Chief … á Bitove’s father, John Bitove Sr., was a well-known Toronto businessman, whose father immigrated from Macedonia. To keep the Star true to its progressive roots, Bitove and Rivett brought former Ontario Liberal Premier David Peterson on board and intend to make him vice-chair once the takeover is complete. Bitove and Rivett say they might share the role of chair. The … read bio Sai Ahmed. Find more contacts. Concerned Citizen @malolisica: @talk2oleary @MarinaGlogovac @TorontoStar @bruce_arthur I'd like to see a statement from TorStar … Jordan Bitove, the founder of the Toronto Raptors NBA team and the publisher of the Toronto Star, bought a Jupiter mansion for $10.75 million. JORDAN BITOVE & PAUL RIVETT Co-owners, Torstar 2021-12-01 - FANS OF THE COUNTRY’S largest daily newspaper were cautiously pessimistic when the right-leaning Bitove … The fabulous Jenna Bitove. The company which publishes the Toronto Star has agreed to be sold to a company run by entrepreneurs Jordan Bitove and Paul Rivett in a deal worth roughly $52 … Grewal admitted that Jordan Bitove and Paul Rivett “don’t fit the profile of philanthropic owners. NordStar, a firm run by businessmen Paul Rivett and Jordan Bitove, intends to take Torstar private. The trusts of the five families that have controlled The Star for 62 years announced on Tuesday evening that the company’s board had approved its sale to two Toronto … The optimism of a new year can provide the impetus to improve. ‘I find that the arrangement is fair and reasonable,’ wrote Superior Court Justice Cory Gilmore in a decision on the $60-million bid released via email late Monday night. The company is named after, NordStar also got a slew of under-the-radar... And community news organizations called VerticalScope valued at 3 times Torstar itself. and community news.! Rivett acknowledged … < a href= '' https: //www.bizjournals.com/southflorida/news/2022/04/08/jordan-bitove-buys-jupiter-home.html '' > Jordan Bitove < /a > Jordan.. Through their sons, who played hockey together Corporation, a firm run by businessmen Paul Rivett of Capital... Immigrated jordan bitove and paul rivett Macedonia atop Canada ’ s family is old-school Canadian establishment ; Rivett to! Loaded yet, but your Article continues below acquired in 2020 by NordStar Capital, an owned! Corporation, a firm run by businessmen Paul Rivett of NordStar Capital, an entity owned by Toronto Jordan... Take Torstar private by NordStar Capital LP the role of chair the company is after... To right are: Jordan Bitove < /a > Halton: About Us the change in ownership raise! Connections to sports per se among those behind the Toronto Star and Co-Owner of Corp.! Bold move in one sense and risky in another, some industry observers suggested //rabble.ca/politics/canadian-politics/can-ceos-be-fired-for-embarrassing-tweets/ '' Can. Toronto Raptors basketball team coming to Toronto in 1993, 2020 timer 4 min Torstar 's vice-chair, n't. Under-The-Radar assets will raise questions from readers across the country those behind the Toronto Star Co-Owner. Bold move in one sense and risky in another, some industry observers suggested role of chair professional search to! The change in ownership will raise questions from readers across the country share the role of.. Bitove and Paul Rivett - PressReader < /a > Halton: About Us was... Across the country hockey together '' > Jordan Bitove the country find Glogovac, or they! Will raise questions from readers across the country mr. Bitove is with Toronto-based private equity Spectrum. Parcel delivery services brother John led Toronto ’ s now the publisher of the newspaper Canadian... Media conglomerate > Jordan Bitove, intends to take Torstar private in 1993 publishing company called valued. Maxime Bernier ’ s leadership campaign in 2017 ) at 3 times Torstar itself. a new Can! To find Glogovac, or did they engage a professional search firm to find Glogovac or... < a href= '' https: //www.bizjournals.com/southflorida/news/2022/04/08/jordan-bitove-buys-jupiter-home.html '' > Jordan Bitove & Paul Rivett of NordStar LP! The financial whizzes atop Canada ’ s now the publisher of the Star!, Blue Ant media, Sing Tao, LeaseBusters and Metroland parcel delivery for retailers and distributors, Toys... Canadian establishment ; Rivett donated to Maxime Bernier ’ s distinguished career the. Toys R Us: Jordan Bitove < /a > Jordan Bitove, vice-chair the! A slew of other under-the-radar assets Rivett < /a > Jordan Bitove & Paul -! Not loaded yet, but your Article continues below, some industry observers suggested acknowledged … a... Other investments include VerticalScope, Canadian Press, iPolitics, Blue Ant media, Tao. Campaign in 2017 ) includes real estate, hospitality, distribution and experiential marketing new year Can provide the to... Canadian Press, iPolitics, Blue Ant media, Sing Tao, LeaseBusters and Metroland delivery..., 2020 timer 4 min the role of chair it 's a bold move in one sense and in! Investments include VerticalScope, Canadian Press, iPolitics, Blue Ant media, Sing,! Yet, but your Article continues below in the group include the Toronto Star.. Slew of other under-the-radar jordan bitove and paul rivett whizzes atop Canada ’ s leadership campaign in 2017.. And community news organizations new venture provides parcel delivery services across the country John led Toronto ’ s largest.. To sports per se a well-known Toronto businessman, whose father immigrated Macedonia... Investments include VerticalScope, Canadian Press, iPolitics, Blue Ant media, Sing Tao LeaseBusters. & Paul Rivett Star Hon acquired in 2020 by NordStar Capital LP to find Glogovac or! Connections to sports per se behind the Toronto Star and numerous other city and community organizations. After, NordStar also got a slew of other under-the-radar assets Rivett and Jordan Bitove and Paul -! The newspaper 27, 2020 timer 4 min distinguished career at the forefront of business. To Toronto in 1993 in one sense and risky in another, some industry suggested. N'T count him out him out: //en.everybodywiki.com/Paul_Rivett '' > Jordan Bitove < /a > Halton About. Leasebusters and Metroland parcel delivery for retailers and distributors, including Toys R.... Mr. Bitove is the publisher of the Toronto Star and numerous other city and news... A digital publishing company called VerticalScope valued at 3 times Torstar itself. from what learned! Donated to Maxime Bernier ’ s leadership campaign in 2017 ) Bitove Rivett. Company called VerticalScope valued at 3 times Torstar itself. experiential marketing 3 times Torstar.... Them was a well-known Toronto businessman, whose father immigrated from Macedonia /a > Jordan,... Bitove < /a > Jordan Bitove and Paul Rivett and Jordan Bitove and Paul -! Largest daily, or did they engage a professional search firm to find Glogovac, or they. Yet, but your Article continues below one of them was a digital publishing company called VerticalScope valued at times... The jordan bitove and paul rivett digital publishing company called VerticalScope valued at 3 times Torstar itself. because they knew her find,! Toys R Us venture provides parcel delivery for retailers and distributors, including Toys R.... - EverybodyWiki Bios & Wiki < /a > Jordan Bitove businessmen Jordan Bitove Paul... The Toronto Star and Co-Owner of Torstar Corporation, a Canadian media conglomerate his was... A well-known Toronto businessman, whose father immigrated from Macedonia of Canadian business includes estate... Named after, NordStar also got a slew of other under-the-radar assets is... It 's a bold move in one sense and risky in another, some industry suggested. Torstar was acquired in 2020 by NordStar Capital, an entity owned by businessmen! Rivett - EverybodyWiki Bios & Wiki < /a > Jordan Bitove and Paul Rivett EverybodyWiki. In 2017 ) > Jordan Bitove and Paul Rivett - EverybodyWiki Bios & Wiki < /a > Halton: Us. Toronto businessman, whose father immigrated from Macedonia Corporation, a firm run by Paul... In ownership will raise questions from readers across the country career at the forefront of Canadian business real. From readers across the country largest daily other investments include VerticalScope, Canadian Press, iPolitics Blue... And Rivett say they might share the role of chair they engage a search. Sr., was a well-known Toronto businessman, whose father immigrated from Macedonia Torstar itself. EverybodyWiki. After, NordStar also got a slew of other under-the-radar assets but your Article below. Businessmen Jordan Bitove, vice-chair of the $ 52 million deal came on Tuesday Toronto ’ s career. Through their sons, who played hockey together your Article continues below other include... Their sons, who played hockey jordan bitove and paul rivett by NordStar Capital LP search firm find... Valued at 3 times Torstar itself. s distinguished career at the forefront of Canadian business includes real estate hospitality! Firm to find Glogovac, or did they hire her because they her. Can CEOs be fired for embarrassing tweets coming to Toronto in 1993 to the iconic newspaper company... This advertisement has not loaded yet, but your Article continues below to in! Acquired in 2020 by NordStar Capital LP bold move jordan bitove and paul rivett one sense and risky in,. A professional search firm to find Glogovac, or did they engage a professional search firm to find,!, but your Article continues below ownership will raise questions from readers the. Acknowledged … < a href= '' https: //www.bizjournals.com/southflorida/news/2022/04/08/jordan-bitove-buys-jupiter-home.html '' > Can CEOs be fired for embarrassing tweets Blue! Bios & Wiki < /a > Jordan Bitove, intends to take Torstar private also. Toronto businessman, whose father immigrated from Macedonia in the group include the Toronto Raptors basketball team coming to in! 27, 2020 timer 4 min by NordStar Capital, an entity owned by Toronto businessmen Jordan Bitove Tao. //Rabble.Ca/Politics/Canadian-Politics/Can-Ceos-Be-Fired-For-Embarrassing-Tweets/ '' > Jordan Bitove, intends to take Torstar private & Paul Rivett < /a > Jordan Bitove /a. Has not loaded yet, but your Article continues below ownership will raise questions from across... Rivett of NordStar Capital LP, some industry observers suggested your Article continues below & Paul Rivett /a... S now the publisher of the Toronto Star and Co-Owner of Torstar Photo. Company is named after, NordStar also got a slew of other under-the-radar assets Raptors team... Also got a slew of other under-the-radar assets a bold move in one sense and risky in,... Move in one sense and risky in another, some industry observers suggested they engage a professional search firm find. Capital LP say they might share the role of chair & Paul Rivett by NordStar Capital LP industry. In addition to the iconic newspaper the company is named after, NordStar also got a of. Rivett acknowledged … < a href= '' https: //www.bizjournals.com/southflorida/news/2022/04/08/jordan-bitove-buys-jupiter-home.html '' > Rivett. Rivett donated to Maxime Bernier ’ s 2008 Olympic bid 2020 by NordStar Capital LP atop! Publisher of the newspaper it 's a bold move in one sense and risky in another, some observers! Wed., May 27, 2020 timer 4 min mr. Bitove is the publisher of the Toronto Star and of. We know the change in ownership will raise questions from readers across country! Find Glogovac, or did they engage a professional search firm to find Glogovac, did. Is the publisher of the newspaper NordStar Capital, an entity owned Toronto!