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Golden Opportunities Fund Inc. (“Golden”) is pleased to announce an investment into WBM Technologies LP (“WBM”), in both the Diversified Class A-share and Innovation Class i-share, which was completed in syndication with Westcap MBO III Investment LP (the “MBO III Fund”). Both Golden and the MBO III Fund are managed by fund manager, Westcap Mgt. Ltd. (“Westcap”). WBM, established on the prairies in 1950, has emerged as one of Canada’s top IT service providers growing from humble roots to what is now a team of over 450 people. The company provides world class technology solutions to a customer community that spans both […]

SASKATOON, SK – Golden Opportunities Fund (“Golden”), is pleased to announce its newest innovation investment in Chrysalis Software Inc. (formerly, iQmetrix Global Ltd.). The transaction was completed in syndication with Westcap MBO II Investment LP (the “MBO II Fund”). Westcap Mgt. Ltd. (“Westcap”) is the fund manager for both Golden and the MBO II Fund. Chrysalis, an ecosystem of networked companies that develop Software as a Service (SaaS) solutions, has been in operation for over three decades with over 400 employees. The founders have a strong track record of success with technology infrastructure they innovated in 1991 to originally support […]

Source: Yahoo!finance Cova earned prestige recognition from both O’Cannabiz and NJ Cannabis Insider for its retailer-friendly POS system DENVER, June 14, 2022 /PRNewswire/ — Cova Software (“Cova” or “the Company”), a cannabis Point of Sale (POS) software company powering dispensaries across North America, was named the winner of multiple industry awards for its category-leading software services. Cova’s service suite stands alone as the most trusted tool for cannabis retailers of all sizes to easily remain compliant while providing the best experience for their consumers. At the O’Cannabiz Conference in Toronto, Cova was named the best CRM/POS software award winner. O’Cannabiz recognizes Cova as the year’s top retail Point […]

Source: Farms.com The manufacturer is launching its Pro-Cast precision granular applicator By Diego Flammini Staff Writer Farms.com Visitors of the Degelman Industries booth at Canada’s Farm Show in Regina, Sask. will notice a new piece of equipment. The manufacturer, celebrating its 60th year, is launching its Pro-Cast precision granular applicator at the show. This piece of equipment is designed specifically for the Degelman Pro-Till High Performance Disks and Strawmaster+ series of heavy harrows. Growers can use it for “fertilizer, herbicide and some farmers might even put seed into it if conditions are too wet and they want to do some cover crops,” Sheldon Mohr, […]

Source: Betakit.com Regina-based same-day delivery startup StoreToDoor has raised $1.25 million CAD in seed funding to fuel its expansion across Canada. StoreToDoor founder and CEO Scott Love has worked in the food industry for 25 years. After dabbling in Saskatchewan’s tech scene through angel investing and seeing the impact of Amazon and COVID-19 on local retailers, he decided to launch his own same-day delivery solution. According to Love, StoreToDoor is on pace to generate $5 million in ARR in 2022. Since rolling out in Saskatchewan in December 2020, StoreToDoor has expanded to serve 25 other markets across Alberta, Saskatchewan, Manitoba, […]

Source: Industry West Magazine Westcap Mgt. Ltd. (Westcap) has been an integral part of the Saskatchewan private equity and venture capital ecosystem for more than 30 years. The fund manager aligns identified capital sources with specific investment opportunities to create unique and successful investment funds that address a spectrum of capital needs in Saskatchewan. Through the continued use of this approach to fund management, Westcap and its long-standing team of experts have managed more than $1 billion of assets and invested in over 200 growth companies since inception. “Westcap’s investment funds have been designed to fill various needs across a […]

Westcap Announces Fund Ill Final Close of $285M, supporting Golden Opportunities’ Continued Focus on Management Buyouts Saskatoon, Saskatchewan — January 26, 2022 — Westcap Mgt. Ltd. (“Westcap”), is pleased to announce the final close of Westcap MBO Ill Investment LP (“Fund Ill” or the “Limited Partnership”) of $285M. Upon its launch in spring 2021, Fund Ill targeted a minimum raise of $150 million which represented an increase from previous Funds in the series. The large demand in subscriptions resulted in the General Partner seeking Limited Partner approval for a further increase in capitalization to a maximum of $285M which was […]

GOLDEN OPPORTUNITIES CONTINUES TO FOCUS ON HEALTH CARE WITH NEW INVESTMENT IN MENTAL HEALTH PLATFORM – HEADVERSITY  Golden Opportunities Fund Inc. (“Golden Opportunities” or the “Fund”) is pleased to announce a new investment in MacroMind Media Inc., which is doing business as headversity (“Headversity” or the “Company”), of $2 million in the Fund’s Innovation Class i-share.  The Fund’s investment is part of the Company’s $12.5 million CAD Series A financing round. Headversity is a leading, global provider of real-time mental health resiliency and training technology through its workplace mental wellness platform.  The rising need for mental health services during COVID-19, […]