Westcap

Westcap Management Ltd. is a private equity and venture capital firm based in Saskatoon, Canada, with an additional office in Hong Kong. Founded in 1994, the firm specializes in early-stage, growth, and management buyouts, focusing on small and medium-sized companies primarily in Western Canada. Its investment strategy targets sectors such as agriculture, healthcare, hospitality, resources, and infrastructure, with particular emphasis on First Nations economies. Westcap typically invests in companies with enterprise values ranging from $25 million to $75 million, often working with businesses seeking succession planning. With over half a billion in assets under management, Westcap employs a comprehensive approach to align capital sources with specific investment opportunities, providing strategic, operational, and financial support to foster growth and success.

Douglas Banzet

Chief Operating Officer

Tyler Bradley

Vice President

Robert J. Connoly

CFO

Graham Friedt

Investment Manager

Brenda Gessner

Director of Corporate and Community Relations

Wanda Hunchak

Executive Vice President

Myron Johnson

Investment Manager

Grant Kook

President/CEO/Founder

Stacey Kotsanidis

Financial Administrative Associate

Raeleen Mann

Communications Director

Darcy Ogrodnick

Director of Finance

Shayla Romanyshyn

Communications Coordinator

Jamie B. Schwitzer

CIO

Peter Wilson

Investment Manager

20 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 is a wealth management platform for investment advisors specializing in data aggregation, analytics, and portfolio reporting. It is the financial operating system used to bring common sense and ethical, data-driven investing in the financial world. Addepar handles all types of assets in any currency, so investors and advisors have a clearer financial picture at every level, all in one place. With customizable reporting, financial managers can visualize and communicate relevant information to anyone who needs it. Addepar was founded in 2009 and is headquartered in Mountain View, California with offices in Silicon Valley, New York, Chicago, and Salt Lake City.

Degelman Industries

Private Equity Round in 2020
Degelman Industries Ltd. manufactures and provides agricultural machinery equipment. It offers products, which includes tillage, bulldozer blades, heavy harrows, land rollers, rock removal, livestock, and cutting equipment. It also provides parts and services and warranty forms. The company was founded in 1962 and is based in Regina, Canada.

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.

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.

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.

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. develops the operations-driven video collaboration solution for enterprises. With its patented Onsight video collaboration solution, Librestream extends traditional video-conferencing and collaborative services to places previously unreachable by video such as an off-shore oil rig or a manufacturing plant floor. Collaborators across multiple locations can use a combination of Onsight software and camera devices to interact through live video, voice, image sharing and onscreen telestration. Industries as diverse as manufacturing, energy, healthcare, insurance, and government sectors are using Librestream’s Onsight solution to connect their ecosystem of employees, suppliers, and customers. These enterprises achieve cost-efficiencies resulting from accelerated problem resolution, reductions in downtimes and travel, improvements in customer service and increased productivity. To learn more about the company, its products and services, visit the website at www.librestream.com, email information@librestream.com or call 1.800.849.5507 (NA) / +1.204.487.0612 (Intl).

Jump.ca

Venture Round in 1999
Jump.Ca Wireless Supply Corp. retails cellular products and services. The company offers mobile phones, smart phones, and tablets; and Internet, trade-in, and repair services. It also provides cases, protection products, chargers, headphones, speakers, wearables, batteries, data and memory products, and miscellaneous products. In addition, the company offers TV program packages; and home and business monitoring solutions. It offers its products through its stores in Saskatoon, Regina, Moose Jaw, Prince Albert, and Estevan; and online. The company was incorporated in 2000 and is based in Regina, Canada.