Westcap-Led Syndicate Invests in Inland Steel Products Inc.

Westcap Makes Growth Investment in WBM Technologies

October 4, 2022

IT Services

Westcap Mgt. Ltd., in syndication with Golden Opportunities Fund Inc. and Westcap MBO III Investment LP, completed a significant growth investment in WBM Technologies LP. The capital will support WBM’s continued expansion across Western Canada while current leaders JoeAnne Hardy and Brett Bailey retain ownership and leadership roles.

Westcap Mgt. Ltd. (MBO III) Invests in Timber-Tech Truss Limited Partnership

January 24, 2024

Building Products

Westcap Mgt. Ltd., through its Westcap MBO III Investment LP fund, has completed an investment in Timber-Tech Truss Limited Partnership, a manufacturer of engineered truss systems and engineered wood products headquartered in Lethbridge, Alberta. The transaction supports Timber-Tech's succession planning and growth ambitions across Western Canada, where the company operates three manufacturing facilities and employs about 100 people.

Westcap Mgt. Invests in 18 Wheels Holdings

March 22, 2023

Logistics & Distribution

Westcap Mgt. Ltd., through its MBO III Investment LP buyout fund, completed an investment in 18 Wheels Holdings Limited Partnership, a Burnaby-based third-party logistics (3PL) provider. The investment is intended to support succession planning and national / North American growth, expanding 18 Wheels' warehousing, transportation, co-packing and reverse logistics capabilities.

Westbridge Capital Acquires Berg Industrial Service, Inc.

August 2, 2024

Industrial Services

Westbridge Capital Ltd. has completed the acquisition of Berg Industrial Service, Inc., a 50-year-old, second-generation family business headquartered in Ontario that designs, installs and services industrial chilling systems and operates an associated engineering and fabrication business. The transaction includes a 10% equity participation by the Westbridge Capital Partners Income Trust. Management continuity was announced with Mark Edwards continuing as CEO, Rebecca Carothers joining as COO, and Michael Turner joining the board.

Midwest Growth Partners Sells Inland Coatings to Confidential Strategic Buyer

May 24, 2021

Manufacturing

Midwest Growth Partners has sold Inland Coatings Holdings, LLC to a confidential strategic buyer, marking an exit for the West Des Moines-based PE firm. Founded in 1978 and headquartered in Adel, Iowa, Inland manufactures roof and automotive aftermarket coatings (SEBS, silicone, acrylic and polyurethane) and includes the previously acquired TRUCO Coatings and Aldo Products brands.

Westcap Invests in Fit Foods LP

February 4, 2026

Food & Beverage

Westcap Mgt. Ltd., through its Westcap MBO III fund, completed an investment in Fit Foods LP, a Canadian manufacturer and distributor of sports nutrition and healthy-living supplement brands including MUTANT, Pure Vita Labs, Whey Gourmet and North Coast Naturals. The deal positions Fit Foods as a platform for Westcap to support growth and expansion while founder Jim McMahon remains an ongoing shareholder and the company continues operating from its Port Coquitlam, British Columbia manufacturing and warehousing facilities.