Latest News
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.
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