Founded in 2015, The Western Investment Company of Canada is a publicly traded private equity company headquartered in Western Canada.
As a listed company, our common shares are actively traded on the TSX Venture Exchange, identified by the trading symbol WI.
Our mission is to generate lasting wealth for our shareholders through a carefully curated portfolio of robust, stable, and profitable Western Canadian companies. We’re dedicated to nurturing their growth and prosperity, leveraging our expertise and capital to elevate already successful businesses in the region, and fostering their legacy over the long term.
BUILT FROM A LEGACY
Western Investment Company’s Founder, President and CEO is no stranger to building a successful financial company. Scott Tannas founded Western Financial Group and served as its CEO from 1996 to 2014. Western Financial Group was created as a Junior Capital Pool in 1996. From its headquarters in High River, Alberta, Mr. Tannas oversaw the building of Western Financial Group through more than 100 acquisitions and a number of strategic initiatives. Today, Western Financial Group is a diversified financial services organization with more than $1 billion in annual sales. Over 1,400 employees provide nearly one million customers with insurance and investment products and services. The company’s network of more than 160 offices stretches across Western Canada from Winnipeg to the Pacific coast.
On April 15, 2011, after 15 years as a publicly traded company, Western Financial Group was acquired by Quebec-based Desjardins Group, in a $440 million transaction. In the time between the IPO in 1996, and Western Financial Group’s exit from the public market in 2011, the company’s stock price rose 1,038%.
After five decades of building Foothills, I’m glad I found partners for the future. Western’s local roots and reputation were important considerations.
Don Bayrack – Founder, Foothills Creamery
We are delighted to enter this next phase of our evolution with strong partners like Western. This partnership will provide GlassMasters with additional capital, contacts, and other resources that will enable us to expand our business in Alberta and into new markets in Western Canada. Our goal is to provide our customers with the most convenient, professional auto glass replacement service possible. Western shares the same values of service and quality of workmanship that allowed us to make GlassMasters what it is today. They have the experience and the leadership needed to grow our brand. As new partners with strong Alberta roots and a long-term view of ownership, our employees will be able to further their careers and be part of a rapidly growing, successful, national auto glass company.
Past President, GlassMasters Autoglass
Golden Health Care is addressing the needs of our aging population as the largest private provider of personal care homes in Saskatchewan. The significant growth of our aging population represents an increase in demand for aging-in place healthcare and a need for more capacity. We are excited to partner with Western to develop a planning framework for growth that focuses on these emerging opportunities. Western’s successful track record and expertise amongst its Board is exceptional and supports the vision of Golden Health Care for future expansion.
Heather Haupstein – CEO, Golden Health Care
My family and I are very happy to have found a partner that is focused on investing in Western Canadian business success stories like ours. We are very proud of what we have built, and are determined to set the stage for significant growth in the future. The reputation and business track record of Western’s founders was a big factor in our decision to establish this partnership.
George McBride – Founder, Ocean Sales