// Press release
FOR IMMEDIATE RELEASE · May 16, 2026 · Ottawa, ON

ThriveAI Launches AI Adoption Service for Canadian Private Equity Portfolio Companies, Publishes Field Guide for Mid-Market Operators

Ottawa-based founder-led implementation firm offers a 100-day per-portfolio AI workflow deployment service for Canadian mid-market private equity firms, complemented by a nine-article BOFU field guide for Canadian operators across manufacturing, distribution, and industrial services.

ThriveAI, the AI implementation firm operated by Thrive Adventures Inc., today launched a dedicated service offering for Canadian private equity firms with mid-market portfolio companies. The service ships working AI workflows inside acquired portfolio companies on a 100-day per-company sprint, with a master agreement available for funds running three or more portfolio companies in the same vintage.

The launch arrives as Canadian middle-market PE dealflow remains active in industrial sub-sectors (precision manufacturing, commercial distribution, industrial services) and as federal funding for AI in manufacturing has expanded. NGen, Canada's Global Innovation Cluster for Advanced Manufacturing, announced $79.5 million in new AI-for-manufacturing project funding in March 2026, with eligible projects reimbursed at 40 percent of total project cost. Mid-market operators acquired by private equity in this band can pull these programs forward as part of a coordinated AI adoption plan, offsetting up to 30-50 percent of project cost.

The 100-day per-portfolio sprint

The ThriveAI portfolio engagement runs as a fifteen-week per-company sprint with concrete deliverables at each phase:

The engagement is founder-delivered: Derik Lawlis is personally on every portfolio company. There is no junior staffing leverage or bench rotation. The first invoice on a per-portfolio engagement ties to a shipped, integrated production system, not a recommendation document.

Bilingual delivery, Canadian compliance, vendor-neutral

The service is delivered bilingually in English and French and is comfortable with Quebec dealflow under Loi 25 (Quebec's privacy law in full force since September 2024 with penalties up to $25 million or 4 percent of global turnover), the federal Personal Information Protection and Electronic Documents Act (PIPEDA), and Canada's evolving AI governance landscape after the termination of Bill C-27 (which contained the Artificial Intelligence and Data Act, AIDA) when Parliament prorogued in January 2025.

ThriveAI is vendor-neutral. The firm does not take referral margin from Microsoft, Anthropic, OpenAI, or any other platform. Operators retain full ownership of their data, stack, and any intellectual property built during the engagement, a position that matters materially at portfolio company exit.

"Operating partners do not need another platform pitch. They need a working agent in production, owned by the operator's team, that adds visible EBITDA lift before the next quarterly board. A 100-day sprint forces the discipline. The portfolio company stays in control. We exit with a runbook, not a dependency."

Derik Lawlis, Founder, ThriveAI

Nine-article field guide for Canadian operators

In parallel with the service launch, ThriveAI published a nine-article BOFU field guide for Canadian operators, anchored by a pillar article on the seven AI use cases that ship in Canadian mid-market industrial operations. The guide includes vertical anchors on AI quoting for precision manufacturers and CNC shops, document extraction for Canadian operators under PIPEDA and Loi 25, a three-layer framework for manufacturing automation (hardware, software workflow, AI agents), and a process-and-cost playbook for building AI agents inside Canadian operations.

Every article cites primary Canadian sources (Statistics Canada, NGen, Mitacs, NRC IRAP, ISED Pan-Canadian AI Strategy) and discloses pricing ranges in Canadian dollars. The full slate is available at thriveai.com/articles.

Founder background

Derik Lawlis founded ThriveAI in 2024 after two prior Canadian software exits in SMB tooling. He is based in Ottawa, holds an engineering background, and delivers all client engagements personally. ThriveAI's published client work to date includes ongoing engagements with Canadian operators in commercial distribution and precision manufacturing.

The PE portfolio service is offered alongside ThriveAI's existing services: per-project AI workflow engagements for individual operators (pilot, production, operating retainer shapes); a $1,000 CAD per month Care Plan retainer for ongoing AI workflow maintenance; and bilingual English and French delivery across all engagements.

Operating partners interested in scoping a portfolio AI engagement can book a thirty-minute call at thriveai.com/ai-for-private-equity or email derik@thriveai.com.

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About ThriveAI

ThriveAI is the AI implementation arm of Thrive Adventures Inc., an Ottawa-based Canadian corporation. The firm ships AI workflows for Canadian operators across precision manufacturing, commercial distribution, industrial services, and adjacent sectors. ThriveAI operates founder-led, bilingual in English and French, and delivers working agents on the systems clients already run (SAP Business One, QuickBooks, Microsoft 365, HubSpot, Pipedrive, NetSuite). The firm is privately held by founder Derik Lawlis. Business Number 770624906. thriveai.com

Media and PE inquiries: Derik Lawlis, Founder
Thrive Adventures Inc.
Suite 522, 1554 Carling Avenue
Ottawa, ON K1Z 7M4, Canada
derik@thriveai.com · LinkedIn · thriveai.com