Westcap Invests in Rocky Mountain

Canadian private equity firm Westcap Mgt. Ltd. has invested in Rocky Mountain Equipment.

“We are grateful for the support of our employees and customers as we move into this new chapter for Rocky Mountain Equipment,” said Garrett Ganden, Rocky Mountain’s president and CEO. “We are excited to have partnered with Westcap as our financial and strategic partner of choice given their broad network and reputation throughout the prairies.”

Grant J. Kook, Westcap president and CEO, said agriculture “continues to be an important sector for our funds under management as the industry remains critical to the global economy, Canadian farmers are tapping new markets for their products, and there is an increased positive farm sentiment from rebounding crop prices and a strong 2020 harvest.”

Source: PE Hub