Forsat Partners
About us

A Montreal private investment firm built for founders

Founded in 2025 and part of Groupe Forsat, Forsat Partners acquires and operates high-quality SMEs in manufacturing and B2B distribution. We combine deep transactional expertise with hands-on operating experience to deliver thoughtful succession solutions and long-term value.

Portrait of Bardia Afzali, President of Groupe Forsat
President, Groupe Forsat · Managing Partner, Forsat Partners

Bardia Afzali, B.Eng, LL.B, M.Tax.

bardia@forsatpartners.com

Bardia Afzali is President of Groupe Forsat and Managing Partner of Forsat Partners, which he co-founded. A corporate and tax lawyer for more than 12 years, he has advised on complex M&A and restructuring transactions at leading global firms.

With a dual background in engineering and law, he is also an active real estate investor. He brings sharp structuring skills, disciplined execution and an intimate knowledge of the Quebec business environment.

Bardia is also a business operator who understands the real challenges SMEs face from the inside: managing teams, cash flow and growth, and preparing for succession. That hands-on experience guides every investment decision we make.

12+ yearsin corporate and tax lawEngineering & lawdual background

Groupe Forsat

Led by Bardia Afzali as President, Groupe Forsat brings together long-term investment activities rooted in Quebec:

  • Forsat Partners: acquiring and growing founder-led SMEs in manufacturing, industrial services and B2B distribution.
  • Distribution: distribution businesses owned and operated by the group.
  • Solar energy: investments in solar energy projects.
  • Real estate development and construction: planning, developing and building real estate projects.
  • Real estate investment: acquiring and managing real estate assets with a long-term hold perspective.

One principle connects them: build patiently, with discipline and integrity.

Portrait of Habib Hassim, Managing Partner of Forsat Partners
Managing Partner, Forsat Partners

Habib Hassim

habib@forsatpartners.com

Habib Hassim, Managing Partner and co-founder of Forsat Partners, is an entrepreneur and private equity investor with a global track record. He founded SmartOne.ai, a global Data-for-AI services company with more than 1,200 employees, which relocated to Montreal in 2023.

Formerly a partner at Inside Capital, an Africa-focused private equity fund manager, he helped raise more than $100M and deploy it across manufacturing, energy, the circular economy and hospitality. His strengths are visionary leadership, value-driven investing and global operating insight.

1,200+employees at SmartOne.ai$100M+capital raised

Do you share our long-term view?

Business owner, advisor, investor or partner, we'd be glad to connect.