Strategy, executed.

Tacy Group is an advisory and private investment firm. We advise leaders through strategy and transformation, acquire and modernize established Canadian businesses, and develop the entrepreneurs and investors who come next.

Strategy · Execution · Results

One platform, three pillars

What we do

Advisory

Partnering with business owners and enterprise leaders on strategy, transformation, performance improvement, and AI enablement — from diagnostic through implementation.

Acquisitions

Acquiring and modernizing established Canadian SMBs — unlocking value through operational excellence, technology, and disciplined scaling. As a generation of founders approaches succession, we aim to give great businesses their next chapter.

Leadership development

Mentorship and coaching for the next generation of entrepreneurs, operators, and investors — grounded in two decades of operating and advisory experience.

Advisory

From strategy to results

  • Strategy definitionTurning an owner's ambitions into a clear diagnostic, priorities, and an actionable roadmap.
  • ExecutionCarrying the strategy through delivery — operating model, processes, technology, and team.
  • Performance improvementOperational efficiency, cost optimization, and growth enablement.
  • Technology & AI enablementPractical digital and AI adoption, sized to the realities of each business.
  • Transition supportM&A integration, succession, and business transition planning.
Advice alone doesn't change a business — execution does. We work alongside leaders from definition through delivery, whether transforming an enterprise or writing a business's next chapter.

Founder

Cedric Afouda

Cedric is a transformation executive with 20+ years across banking, manufacturing, technology, and media. He has led global teams of 80+ across 40 countries at Morgan Stanley and served as Global Head of Technology at Walter Surface Technologies — guiding organizations through growth, acquisitions, and large-scale change.

He is also an owner and investor, with first-hand experience of what building and running a business asks of the person at the top.

Bilingual French/English. Master's degrees in Economics & Business and Telecommunications Engineering (Paris). Based in Montréal.

2006–2014
Project Manager
Multiple clients, Paris & Montréal
2014–2020
VP, Strategic Programs
Morgan Stanley
2020–2022
Head of Technology
Walter Surface Technologies
2022–2025
Executive Director
Morgan Stanley
2025+
Managing Partner
Tacy Group

Community

Building inclusive, long-term wealth

NEXT AI MontréalMentor to AI-startup founding teams on strategy, commercialization, and leadership.
Black Wealth Club CanadaMentor supporting wealth-building and entrepreneurship.
Chambre de commerce de MontréalMentored entrepreneurs and new immigrants.

Contact

Start a conversation

Tacy Group welcomes conversations with business owners, investors, advisors, and future leaders who share a vision for growth and community wealth.

Or reach us directly: cafouda@tacygroup.ca