Westcap Mgt.

Westcap Management Ltd. is a private equity and venture capital firm based in Saskatoon, Canada, with a focus on early-stage, growth, and management buyout investments. Founded in 1991, the firm specializes in small and medium-sized companies, primarily in the agriculture, healthcare, hospitality, infrastructure, innovation, and resources sectors, with particular attention to First Nations economic interests. Westcap typically targets companies with enterprise values ranging from $25 million to $75 million, predominantly within Western Canada, and emphasizes succession planning in its investment strategy. With over half a billion in assets under management, Westcap provides a comprehensive approach to fund management, aligning capital sources with specific investment opportunities to develop successful niche investment funds.

Madison Bourgeault

Investment Analyst

Tyler Bradley

Vice President

Robert J. Connoly

CFO

Wanda Hunchak

Executive Vice President

Grant Kook

President / CEO / Founder

Jamie Schwitzer

Chief Investment Officer

Peter Wilson

Associate Vice President

Ty Wirvin

Associate Vice President

21 past transactions

18 Wheels Warehousing & Trucking

Venture Round in 2023
18 Wheels is a distribution expert, specializing in co-packing, omnichannel e-commerce fulfillment, third-party warehousing, and trucking.

Headversity

Series A in 2022
Headversity, based in Calgary, Alberta, Canada, specializes in developing workplace resilience training programs. The company offers a training app that focuses on various aspects of mental health, including resilience, mental fitness, energy management, and self-expertise. By combining insights from mental health professionals and performance psychologists with expertise in learning and technology, Headversity aims to create comprehensive programs that promote a more resilient workplace. The training is designed to help individuals manage challenges effectively while maintaining their mental well-being.

Highnote

Series A in 2021
Highnote is a modern card platform designed to enhance customer loyalty, engagement, and revenue through embedded card issuance experiences. The platform features a fully integrated issuer processor and open APIs that empower businesses to seamlessly embed virtual and physical payment cards into their existing products. With capabilities for commercial and consumer prepaid, debit, credit, and charge cards, Highnote provides businesses with the control and flexibility needed to implement innovative payment solutions. This developer-friendly approach allows product and engineering teams across various digital enterprises to create unique value propositions for users, ultimately driving revenue growth and brand differentiation. Highnote aims to transform complex payment processing flows into streamlined experiences that support the evolving needs of merchants and businesses.

YieldX

Seed Round in 2021
YieldX introduces a fixed income investing with an end-to-end digital platform that powers personalization at scale. The company aims to be a portal to liquid global yield-driven opportunities. It sees a key global asset class being transformed, and we are building the tools to bring those benefits to all investors. YieldX is led by senior fixed income and fintech professionals who offer more than 70 years of collective experience at marquee capital markets and technology firms.
Rocky Mountain Equipment is a independent dealer of Case IH Agriculture and CASE Construction Equipment

Bolt

Series C in 2020
Bolt Financial, Inc. is a technology company that specializes in providing a comprehensive checkout experience platform for e-commerce merchants. Founded in 2014 and based in San Francisco, Bolt offers a suite of tools designed to enhance online transactions, including streamlined checkout processes, payment processing, and fraud detection. Key products include Convert, which simplifies the checkout experience; Approve, a system that collects data for order approval and fraud prevention; Collect, a payment processing solution; and Enhance, which delivers shopper analytics and personalized options. By focusing on these technological solutions, Bolt allows retailers to concentrate on growing their brand and customer base while improving the overall shopping experience for consumers.

Addepar

Series E in 2020
Addepar, Inc. is an investment management platform that specializes in data aggregation, analytics, and portfolio reporting for financial advisors and their clients. Founded in 2009 and headquartered in Mountain View, California, the company also has offices in New York, Chicago, and Salt Lake City. Addepar's platform consolidates various financial accounts, providing a comprehensive view of client portfolios and facilitating smarter investment decisions. It offers a range of services including onboarding, ongoing support, fund management, and administration. Additionally, Addepar provides an Open API, enabling integration with other systems and allowing developers to create applications on its platform. The company serves a diverse clientele, including family offices, wealth advisors, financial institutions, and foundations, aiming to deliver a clearer financial picture and effective communication of relevant information through customizable reporting.

Degelman Industries

Private Equity Round in 2020
Degelman Industries Ltd. specializes in the design and manufacture of agricultural machinery and equipment, aimed at enhancing soil quality and increasing crop yields. Established in 1962 and headquartered in Regina, Canada, the company offers a diverse range of products including tillage equipment, bulldozer blades, heavy harrows, land rollers, rock removal tools, and cutting implements. These products are distributed through a wide network of dealers globally, enabling farmers to improve their efficiency and productivity. In addition to equipment manufacturing, Degelman Industries provides parts, services, and warranty options to support its customers in the agricultural and industrial sectors.

Astra Oil

Private Equity Round in 2020
Astra Oil Corp. produces oil and natural gas. The company was founded in 2014 and is based in Calgary, Canada.

Maxies excavating

Acquisition in 2019
Provider of civil earthwork and excavation services across multiple industries, including agriculture, potash, infrastructure, railways, cannabis, asphalt and oil and gas. The company's services include commercial, industrial and heavy construction, demolition and land development, aggregate processing and supply, rail services, emergency responses to environmental spills and snow removal done with the help of its fleet of machinery, equipment, vehicles, excavators, compactors, loaders and rock trucks that enables it to react quickly to the needs of many of the top general contractors, builders and industrial companies in Canada.

G-macs AgTeam

Venture Round in 2019
Provider of crop input agronomic services intended to increase productivity. The company's products and services include herbicides, fungicides, fertilizers, foliar sprays and custom application services, enabling farmers to optimize their production and profitability while minimizing the impact on the environment.

Cova

Series A in 2018
Cova is a provider of point-of-sale (POS) solutions specifically designed for the cannabis industry. The company focuses on helping retailers streamline compliance, lower operational costs, and boost revenue through features such as automated compliance, inventory management, a mobile reporting dashboard, and an express checkout application. Cova aims to create a user-friendly POS system that integrates seamlessly with a comprehensive tech ecosystem, offering retailers access to essential tools for managing their businesses effectively.

Burgess Creek Exploration

Venture Round in 2018
Operator of a private light oil and gas exploration and development company focused on light oil prospects in Southeast Saskatchewan. The company uses expertise and innovative technologies within internally generated prospects and strategic acquisitions, toward project selection and financial governance for fuel exploration.

Ramada Plaza Regina

Private Equity Round in 2018
Ramada Plaza Regina owns and operates a hotel. Its hotel amenities and facilities include rooms, a restaurant and pub, and space for meetings and weddings. The company is based in Regina, Canada.

HJR Asphalt

Acquisition in 2016
Provider of highway construction services intended to serve road infrastructure. The company specializes in the construction of highways, rural municipality roads, roads in towns and airports with the support of improved construction technology and experienced employees, enabling the country's road infrastructural facilities to develop.

Warman Home Centre

Acquisition in 2012
Distributor and supplier of building products intended for individuals and contractors. The company offers a wide range of agriculture packages such as farm buildings and cattle shelters as well as home packages including decks, garages and fencing, enabling access to essential building supplies that are required for home renovations and do-it-yourself projects at a fair cost.

Golden Health Care

Venture Round in 2006
Operator of an old age health care and housing firm catering to senior citizens. The company's environments are designed into small groups often referred to as households or clusters in which residents live in small groups of 15-18, providing clients with healthcare and shelter and maintaining the resident's ability to function in a familiar environment.

Librestream

Venture Round in 2006
Librestream Technologies Inc. specializes in mobile video collaboration solutions tailored for enterprises, particularly Fortune 500 companies. Its flagship product, Onsight, enables remote experts to assess environments and troubleshoot equipment through live video, voice communication, and image sharing. This platform includes various components such as Onsight Connect for collaboration across multiple devices, rugged smart cameras for field workers, and the Onsight Management Suite for user management. Librestream's solutions are utilized across diverse industries, including manufacturing, energy, healthcare, and government, allowing organizations to enhance productivity, reduce downtime, and improve customer service. By integrating seamlessly into existing workflows, Librestream addresses the unique challenges faced by physical workers in demanding environments, ultimately facilitating remote diagnostics and inspections. Founded in 2003 and headquartered in Winnipeg, Canada, Librestream has established strategic partnerships with companies like Cisco Systems and Verizon Wireless to enhance its offerings.

Jump.ca

Venture Round in 1999
Jump.ca Wireless Supply Corp. is a Saskatchewan-based retailer specializing in cellular products and services. Established in 2000, the company has over 20 years of experience in the wireless industry. Its offerings include mobile phones, smartphones, tablets, and a range of accessories such as cases, chargers, headphones, and wearables. Additionally, Jump.ca provides Internet services, trade-in options, repair services, and home and business monitoring solutions. Customers can purchase products through physical stores located in Saskatoon, Regina, Moose Jaw, Prince Albert, and Estevan, as well as through an online platform. The company emphasizes its local roots while offering a comprehensive selection of telecommunications solutions.
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