Westcap Invests in Northway Aviation
March 6, 2024
Westcap Mgt. Ltd., through its funds Westcap MBO III Investment LP and Connect Manitoba Growth Fund LP, has made a growth investment in Northway Aviation LP and Northway Aircraft Leasing LP. The Johnson family (current owners) will retain a significant stake as Westcap supports Northway's plans to expand scheduled and charter passenger and freight services to additional communities across northern Manitoba and western Ontario.
- Targets
- Northway Aviation LP, Northway Aircraft Leasing LP
- Sellers
- Johnson family (current ownership group)
- Industry
- Transportation
- Location
- Manitoba, Canada
- Transaction Type
- Growth capital
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