NEWS RELEASE

R-LABS Welcomes David Barnes as Managing Director, Capital & Corporate Development

Toronto, August 20, 2024R-LABS is thrilled to announce the addition of David Barnes to our leadership team as Managing Director, Capital & Corporate Development (MD CCD). David will report to George Carras, Founder and CEO of R-LABS, and will be based in our Toronto office.

In his new role at R-LABS, David will lead new growth initiatives for R-LABS limited partners, ventures and growth stage partner companies including capital raising, investments, joint ventures, mergers and acquisitions (M&A), co-creation initiatives and strategic partnerships.

David brings a wealth of experience in M&A, investment banking, and venture leadership, having developed an in-depth understanding of Canadian real estate, and has created a broad network of trusted relationships over the past 20 years.

“I am thrilled to join the outstanding platform and team at R-LABS,” said David Barnes, MD CCD, R-LABS. “Having followed R-LABS for several years, I am very excited to work with this unique group of game changing innovators and the growing group of prominent partners in creating new enterprise value for them, expanding their opportunities and bringing much needed innovation to real estate and housing.”

David’s distinguished career spans over 12 years at TD Securities, where he initially worked in the Mergers & Acquisitions Group before transitioning to the Real Estate Group. During his tenure, he successfully completed over $15 billion in transactions across various industries, with a particular focus on capital and M&A in the real estate sector.

Following his time at TD Securities, David pursued his entrepreneurial passion by serving as President of an emerging venture that developed technology for cultivating and processing sustainable protein. In this role, he led the company’s capital raising, sales and marketing, distribution, operations, and scaling. David holds a Bachelor of Commerce (Honours) with a double major in Finance and Marketing from the Asper School of Business at the University of Manitoba.

“We are excited to welcome David Barnes to the R-LABS leadership team,” said George Carras. “David’s extensive experience in M&A, real estate, and venture leadership, combined with his passion for corporate and industry innovation, will help the R-LABS partners expand their opportunities and the R-LABS partnership increase our impact in the industry and broader community.”


About R-LABS

R-LABS is The Real Estate Industry Venture Builder, established in 2018 as a partnership of innovative corporations, institutions, industry organizations and game changing entrepreneurs to build and grow great companies that solve major problems in real estate and housing. www.rlabs.ca