About Westcap
Westcap is a private equity firm founded in 1991. It is primarily based in Saskatoon, Canada. As of Sep 2026, Westcap has a portfolio of 42 companies, comprising 42 funding rounds and 5 acquisitions. The firm primarily invests in companies based in Canada and United States. Its portfolio is spread across a wide range of sectors from Real Estate and Construction to Energy. Its latest investment was a $***** Seed round in Inland Steel Products Inc on Jan 09, 2025
Overall Westcap portfolio has seen 1 unicorn, 1 IPO and 11 acquisitions including key companies like Sonder, Hopper and Rocky Mountain Equipment. A lot of funds co-invest with Westcap, with names like Inovia Capital sharing a substantial percentage of its portfolio.
Westcap has a team of 18 people, including 3 partners.
Key Metrics
Westcap's Portfolio
Westcap has a portfolio of 42 companies. They have invested in a total of 42 companies. Their most recent investment was in Inland Steel Products Inc (Seed round) on Jan 09, 2025. Here are the most recent investments by Westcap:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Jan 09, 2025 | Seed | 7749 | - | |
Jan 24, 2024 | Unattributed | 7984 | - | |
Mar 22, 2023 | PE | 9297 | - | |
Oct 04, 2022 | PE | 2249 |
Westcap has acquired 5 companies. Their most recent acquisition was of Northway Aviation on Mar 05, 2024. Here are the most recent acquisitions by Westcap:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Mar 05, 2024 | Provider of passenger and cargo services | - | 1962 | |
Nov 19, 2015 | Provider of overhead crane services | - | 2012 | |
Nov 19, 2015 | Provider of separations technology and filtration solutions | - | 1992 | |
Nov 19, 2015 | Provider of advanced design and build services for tooling and specialty machines | - | 1948 |
Here is the portfolio snapshot of Westcap:
Investments by Year
The maximum number of investments were made in 2020
Acquisitions by Year
The maximum number of acquisitions were made in 2024
Portfolio by Location
Companies are primarily in Canada and United States
Portfolio by Sector
Companies are primarily in Real Estate and Construction
Team profile of Westcap
Westcap has a team of 18 members including 3 Partners and 7 Principals located in Canada. Westcap's team does not sit on the board of any company as of now.Here is a list of top team members in Westcap:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Saskatoon | - | ||
Partner | Saskatoon | - | ||
Partner | Saskatoon | - | ||
Principal | Saskatoon | - | ||
Principal | Saskatoon | - | ||
Principal | Saskatoon | - | ||
Principal | Saskatoon | - | ||
Principal | Regina | - | ||
Principal | Winnipeg | - | ||
Principal | Saskatoon | - | ||
Associate | Saskatoon | - |
Co-investors of Westcap
Over the past 35 years, 10 investors have co-invested in Westcap's portfolio companies.
- Top Co-investors of Westcap: 10 investors entered a company along with Westcap. These include investors like Inovia Capital (2 companies).
Westcap News
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Westcap Announces Investment to Accelerate Inland Steel Products Growth PlanMiningstockeducation•Jan 09, 2025•Westcap, Inland Steel Products Inc
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Canada’s Northway Aviation secures added funding for growthch-aviation•Mar 11, 2024•Northway Aviation, Westcap
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