Librestream, the leading provider of augmented reality (AR) and remote collaboration solutions, secures strategic investments from Fortune 100 technology company, Honeywell (NYSE: HON), and Evergy Ventures, a nonregulated subsidiary of leading U.S. energy company, Evergy (NYSE: EVRG).
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Business in the Time of COVID-19 and Beyond
On July 7, 2020, armed with public health guidelines and plenty of hand sanitizer, we gathered business leaders from various sectors across the province to discuss business in Saskatchewan—from the “new normal” to what lies ahead. Led by Wanda Hunchak, Executive Vice President of Westcap Mgt. Ltd., a local investment fund manager that, over the past three decades, has invested more than $1 billion into over 200 Saskatchewan companies through its diverse funds, including Golden Opportunities Fund and the Westcap MBO Private Equity Funds.
Westcap’s Virtual Hugs Reconnects Public Long-term Care Residents and Families Across SK
COVID-19 left many seniors feeling lonely and disconnected. On behalf of Westcap, we would like to share some of the stories and the impact that Sending Virtual Hugs is making as we help to reconnect our public long-term care residents with their families and friends virtually across Saskatchewan.
Westcap Sends Virtual Hugs to Long-term Care Residents Across the Province
COVID-19 has left many seniors in long-term care homes feeling lonely and disconnected from their families and friends. To help reconnect our residents to their families, the Saskatchewan Health Authority (SHA) has partnered with Westcap Mgt. Ltd. (Westcap) to help them reconnect virtually.
G-Mac’s AgTeam and Cavalier Agrow Merge to Better Serve Their Customers
G-Mac’s AgTeam LP (“G-Mac’s AgTeam”) is excited to announce that it has entered into an agreement to merge Cavalier Agrow Ltd. (“Cavalier”) into G-Mac’s AgTeam, bringing together two innovative, long-standing and successful crop input retailers in Saskatchewan’s agriculture sector. On a combined basis, the two businesses will serve Saskatchewan through its 14 locations and 130 employees, in communities across Saskatchewan that span as far north as Meadow Lake and as far south as Leader.
Golden Opportunities Investment Keeps Local Export Leader Rooted In Saskatchewan
Golden Opportunities Fund Inc. (“Golden”), Saskatchewan’s local investment Fund, is pleased to announce its recent investment in Degelman Industries LP (“Degelman” or the “Company”) which was completed in syndication with the Westcap MBO II Investment LP (the “MBO II Fund”), both funds are managed by Westcap Mgt. Ltd.
MBO Investment in Long-standing Excavating Company: Maxie’s Excavating LP
Westcap Mgt. Ltd. (“Westcap”) is pleased to announce it has closed the second investment transaction for the Westcap MBO II Investment LP (the “MBO II Fund”), the management buyout of Maxie’s Excavating LP (“Maxie’s” or the “Company”). The MBO II Fund, in syndication with Golden Opportunities Fund Inc., Saskatchewan’s longest-standing provincial Retail Venture Capital (RVC) Fund also managed by Westcap, funded the transaction investing a total of $17.84 million in aggregate.
H.J.R. Asphalt Stands Out with Unique Process and Mobility
When Harry Tarasoff, Jim Tarasoff and Reg Willick founded H.J.R. Asphalt in 1988 they were making a significant investment into their future.
The founders, who had previously worked together in the construction industry, made the decision to start their own company and began by purchasing an asphalt drum and then fabricating the rest of the asphalt plant around it. This purchase required an investment of $5,000 from each of the men, a not inconsiderable amount for an entrepreneur.
Westcap Completes Oversubscribed $103 Million Private Equity Offering
Westcap Mgt. Ltd. (Westcap), Fund Manager to Westcap MBO II Investment LP (the Fund or Limited Partnership) is pleased to announce the closing of its second fund in a series of private equity offerings to strategic high-net-worth and institutional investors. The Limited Partnership focuses on providing succession and growth capital to long-standing Western-based companies involved in transition, consolidation or merger and acquisition activity.
Bridges: Kook Quietly Walks In Father’s Footsteps
When the Saskatchewan Chamber of Commerce awarded Grant Kook with the 2018 business leader of the year award, he was appreciative of the honour, but didn’t shout it from the rooftop of his downtown Saskatoon office building.
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