Equity (Minority) Investments

ABK Biomedical

ABK Biomedical

Mike Mangano
Unit 32-155 Chain Lake Drive
Halifax, NS B3S 1B3
http://www.abkbiomedical.com/

ABK Biomedical Incorporated is a medical device company developing products to simplify clinical procedures performed by interventional radiologists. The company’s lead product, Eye90 microspheres is a novel technology for radioembolization made with a proprietary, radiopaque glass composition for in-procedure visualization. This is a minimally invasive therapy for treating liver tumors. The other product is Easi-Vue embolic microspheres, a radiopaque embolization device allowing direct visualization of the microspheres implant during the embolization procedure.

 

 

Advancing Chemistry

ACI

 Tyler Gobin
Bay 137, 2727 Center Ave. S.E.
Calgary, AB T2A 2L4
http://www.advancingchem.com/

Advancing Chemistry Inc. is a chemical distribution and technology commercialization company. They target the removal of paraffin deposits in oil and gas operations using artificial maturing agent (AMA). Their chemicals, using a patent-pending technology, react differently with oil and gas unlike anything currently available. Advancing Chemistry prides itself in offering safer alternatives to conventional oilfield products, which is why their products and technologies decrease the impact on the environment while reducing the risk to the people who handle them.

Arizona Lithium Ltd.

Arizona

Paul Lloyd
Level 2, 10 Outram Street
West Perth WA 6005 
https://www.arizonalithium.com/

Arizona Lithium acquired Prairie Lithium, a resource and technology developer situated in the heart of the Williston Basin and PIC received Arizona Lithium shares in the transaction. Arizona Lithium Limited is a public Australia-based exploration company traded on the ASX under the symbol AZL. The company is engaged in the sustainable development of its Big Sandy Lithium Project in Arizona and Lordsburg Lithium Project in New Mexico.

Coconut Software

Coconut

Katherine Regnier
102 – 121 Research Drive
Saskatoon, SK Canada S7N 1K2 
https://www.coconutsoftware.com

Coconut Software makes it effortless for customers to connect with their financial institution. Their enterprise appointment scheduling and lobby management solutions are used by leading banks and credit unions across North America, including RBC Royal Bank, Arvest Bank, Vancity and Rogue Credit Union. The result? A seamless customer experience that’s improved NPS scores, reduced wait times and increased conversion rates for the organizations who use it. Founded in 2011, Coconut Software is headquartered in Saskatoon, SK with offices in Toronto, ON.

Diamond House

Heather Haupstein
#101-3550 Taylor Street East
Saskatoon, SK S7H 5H9
http://www.goldenhealthcare.ca/

Golden Health Care Inc. (GHCI) is the largest private provider of long-term care facilities in Saskatchewan with 7 facilities currently in operation.  PIC is a partner with GHCI and other investors in the 7th facility called Diamond House, a 100 room assisted living and level 1 to 4 personal care home located in Warman.  Diamond House opened in September of 2016. The GHCI successful delivery model provides care home residents with a home-like, caring family atmosphere designed to enhance their well-being and sense of self-worth.

District Ventures Capital CPG-1 and CPG-2 LP Funds

District Ventures

Arlene Dickinson
2540 Kensington Road NW
Calgary, AB  T2N 3S3
https://www.districtventurescapital.com/

PIC invested in the District Venture CPG-1 and CPG-2 LP Funds. Both funds are led by General Partner, Arlene Dickinson. The venture capital funds invest in innovative companies in the food and beverage and health and wellness sectors. District Ventures is the leading ecosystem in Canada that focuses on the CPG space and brings capital, marketing support, programming and commercialization as support to the companies it invests in.


Environmental Material Science Inc. (EMS)

ACI

Steven D. Siciliano
3038 Faithful Avenue
Saskatoon, SK S7K 0B1
https://www.ems-inc.ca/

Environmental Material Science (EMS) has developed a battery or solar-powered remote soil sensor capable of measuring hydrocarbons, methane, carbon dioxide, nitrous oxide, salinity, moisture and temperature. The EMS system also includes distributor technology with a biostimulant. The soil sensor is coupled with machine learning software that acts as a decision support tool to optimize soil management. The EMS system (sensors, distributors, biostimulants) provides insights into a site's existing and future liability without ongoing costly and intrusive investigations.

HeartHero

HeartHero

Gary Montague
3513 Brighton Blvd., Suite 560
Denver, CO 80216
https://hearthero.com/

HeartHero is on a mission to save millions of lives from Sudden Cardiac Arrest (SCA). They are revolutionizing the Automated External Defibrillator (AED) by developing an ultra-portable, affordable, user-friendly AED to make this life-saving technology accessible and attractive to the consumer market, while simultaneously creating a better alternative for the existing institutional market.

Human In Motion Robotics

Dr. Edward Park and Dr. Siamak Arzanpour
Unit 520, 369 Terminal Avenue,
Vancouver, BC V6A 4C4
https://humaninmotion.ca/

Human in Motion Robotics’ patented exoskeleton technology enables people living with a wide range of mobility challenges to stand and walk without need of crutches or an attendant, perhaps for the first time ever. Their goal is to empower the millions of people with limited use of their legs to go about many of their daily activities without need of a wheelchair and mitigate the health consequences of being confined to a sedentary position.

Maia Farms Inc.

MLD

Gavin Schneider
949 3rd St W #113
North Vancouver, BC V7P 3P7
https://maiafarms.ca/  

Maia Farms is a pioneering B2B producer specializing in mycelium and mushroom-based protein ingredients. Their first commercial product line - CanProTM - is a versatile textured protein made with mushrooms that improves taste and texture. CanProTM offers higher protein density than red meat, is easily digestible, and has a neutral flavour. Maia Farms aims to maximize the production of mycelium by unlocking the potential of Canadian crops as a feedstock in a patented biomass fermentation process. Maia Farms is positioned to fundamentally transform the protein landscape with globally accessible and superior ingredients.

 

Med-Life Discoveries LP

MLD

Dr. Shawn Ritchie
#407 - 15 Innovation Blvd
Saskatoon, SK S7N 2X8
https://med-life.ca/  

Med-Life Discoveries LP is a world-leading human health research company. MLD is a leader in the development of novel synthetic plasmalogens and plasmalogen precursors as treatment for RCDP, Alzheimer’s Disease, Parkinson’s Disease, Multiple Sclerosis and other peroxisomal biogenesis disorders.

 

MustGrow Biologics Corp (MGRO-TSXV)

Formerly MPT Mustard Products & Technologies Inc.

MustGrow

Corey Giasson
1005B – 201 1st Ave South
Saskatoon, SK S7L 1J5
http://www.mustgrow.ca/

MustGrow is an agricultural biotechnology company focused on developing and commercializing a portfolio of patented natural bio-pesticides and bio-fertilizers, including its patented signature mustard-derived biologics. MustGrow is a listed company on the TSX Venture Exchange under the symbol MGRO.

Osprey Wings Ltd.

Arizona

Paul Wood
Box 990
La Ronge, SK S0J 1L0
https://www.ospreywings.ca/

Osprey Wings is a charter aircraft company that provides services for a wide variety of users including fishing lodges, private cabins, canoeists, sightseeing, fire supression, exploration, surveying and other groups. The company operates primarily as a float operation throughout the year, with a combination of Twin Otters, Turbo Otters and Beavers. Their head office and hangar/maintenance facilities are located in the northern Hamlet of Missinipe, SK. Aircraft services are provided throughout Northern Saskatchewan.

POI Business Interiors

Jonas Scholl
120 Valleywood Dr.
Markham, ON L3R 6A7
https://www.poi.ca/  

POI has been in business for over 60 years and is Canada’s largest workspace environment provider. It offers a comprehensive portfolio of furniture, architectural and technology products and integrated services. It has evolved its core business from corporate office furniture dealer to an integrated service provider serving esteemed corporate, healthcare, education and government clients.

Respair, Inc.

Dr. Garrett Coyan, Dr. Carl Snyderman and Ross Beresford
100 S Jackson Ave.
5th Floor
Pittsburgh, PA 15202 USA
https://www.respairmed.com/ 

Respair is a medical device company developing innovative airway products designed to enhance patient safety and streamline clinical processes for patients requiring ventilation. Their mission is to deliver life-saving airway solutions for vulnerable patients while also equipping healthcare professionals with the best tools for optimal airway management.

RxPx (RxMx and Curatio Merger)

Lynda Brown Ganzert
Suite 115 – 887
Great Northern Way
Vancouver, BC V5T 4T5
https://www.rxpx.health/ 

RxPx is a digital health company that delivers cutting edge therapies that connect and automate the patient and provider workflow. Their award winning platform connects patients, doctors, labs and other vendors, speeding up time-to-therapy and improving patient safety. PIC was provided with shares in RxMx (now RxPx) as a result of the successful Curatio exit.

Spur Petroleum Ltd.

Ian Currie
Suite #1900, 250-2nd Street SW
Calgary, AB T2P 0C1
https://www.spurpetroleum.ca/ 

Spur Petroleum (Spur) is a privately owned oil and natural gas company based in Calgary, Alberta. Spur has a balanced oil and natural gas asset base in Western Canada, with a growing inventory of low cost, low risk opportunities. It was the first mover into the Clearwater, a resource play which compared to other similar formations is unique in that it is being developed with unstimulated (unfracced) multi-lateral horizontal wells. PIC invested in Spur Petroleum through Longbow Capital, a private equity investment manager based in Calgary, Alberta.

Sweet Nutrition Inc.

Casey Parker and Austin Calladine
1713 Saskatchewan Ave
Saskatoon, SK S7K 1P7
https://sweetnutrition.ca/ 

Sweet Nutrition is a snack brand and manufacturer that aims to revolutionize the way people perceive and consume snacks through their zero sugar and high protein line of cookies. They are dedicated to transforming the act of snacking into a fun and delicious, yet health-enhancing experience for all to enjoy. Sweet Nutrition’s focus is to create innovative snacks that not only taste great, but make you feel great too.

TeamLinkt

theBlok

Jay Maharaj
229 Research Drive
Saskatoon, SK S7N 3R3
https://teamlinkt.com/ 

TeamLinkt is a Sports Team Management App and League Platform trusted by over 1M players, parents, coaches and teams. Powering everything from registration, websites, and scheduling for local to national organizations - to a highly adopted smartphone app that enables individual teams to organize and connect with rosters and schedules, event availability tracking, chat, photos, payment tracking, live game updates, video streaming and more. The technology is modern, easy to use and fully supported.

The Blok

theBlok

Craig Bell
1729 Ontario ave
Saskatoon, SK S7K 1S9
http://www.theblok.ca/

The Blok (123 Ave B. South) is an innovative commercial condominium development project in Riversdale consisting of a unique building structure made up of boxes, squares and blocks. Main floor owners will revel in the mill of the courtyard atmosphere while 2nd floor and penthouse owners can be inspired from their private balconies, by views of the downtown and the beautiful South Saskatchewan River. The site is located in the Riversdale Community on Avenue B, in between 21st and 22nd Street West in Saskatoon, SK.

The Residences at Linden Pointe

The Residence

Randall Corwin
75 Falcon Ridge Dr
Winnipeg, MB R3Y 2C2
https://www.brightwaterseniorliving.com/senior-living/mb/winnipeg/linden-pointe/

The Residence at Linden Pointe is the second phase of a premium, master-planned retirement community located in one of Winnipeg’s premier shopping, restaurant and recreational neighborhoods. The Residences is designed to present a vibrant living experience that boasts both high level finishes in every suite along with well-placed culinary and engagement amenities that fulfill all the expectations that an active senior would demand.

Three Farmers

ABK Biomedical

Natasha and Elysia Vandenhurk
Unit 100, 761 66th Street
Saskatoon, SK S7P 0E4
http://threefarmers.ca/

Three Farmers believes that everyone should have wholesome food to eat, an understanding of where it comes from, and how it’s made. They are real farmers, committed to preserving the land through sustainable growing practices and providing nourishing foods grown on Saskatchewan family farms. Their dedication to minimal processing lets the natural goodness of their products shine through. By providing delicious, nutrient-packed foods through innovative and responsible farming practices, they aspire to have a positive and meaningful impact on future farming generations to come.

 

 

TinyEYE Therapy Services

TinyEYE

Greg Sutton
109 – 15 Innovation Blvd
Saskatoon, SK S7N 2X8
https://www.tinyeye.com/

TinyEYE provides high-quality, online Speech-Language Pathology, Occupational Therapy and Mental Health services to school aged children around the globe. A world leader in online therapy, TinyEYE has been recognized internationally for its innovation and for its positive impact on the lives of thousands of children. TinyEYE mends spirits, grows smiles and engages children in their lives.

Ukko Agro

TinyEYE

Avi Bhargava
Toronto, ON
https://ukko.ag/

Ukko Agro is a predictive analytics company that provides up to 14 days forecast on if, when, and where to apply crop inputs. This not only helps farmer grow a better crop, but also helps protect yield and grain quality. Ukko currently works with farmers who focus on canola, wheat, and soybeans. Ukko is developing predictive models for lentils to help farmers grow better and more sustainable crops.

Warman Home Centre

Warman Home Centre

Rick Casavant
601 South Railway Street West
Warman, SK S0K 4S1
http://www.warmanhomecentre.com/

Located in the heart of Warman, SK, Warman Home Centre was first established in 1984 and has been a favourite location of first-time home buyers, as well as experienced contractors. It is made up of five divisions including: Warman Metals, Warman Truss, Warman Cabinets, Warman Homes, and Warman Home Centre. Warman Homes is well-known for its excellence in customer service.

Westcap MBO Investment LP I, II and III

Westcap Mgt

Grant Kook
Suite 601, 409 3 Ave S
Saskatoon, SK S7K 5R5
http://www.westcapmgt.ca/  

PIC invested in Westcap MBO Investment LP Fund I, Fund II and Fund III, managed by Saskatchewan’s leading private equity fund manager, Westcap Mgt. Ltd. Fund I is now fully invested in the following companies - Dyna Holdings LP, H.J.R. Asphalt Partnership (exited), Modular Driven Technologies (exited), and Warman Home Centre LP. Fund II is also fully invested in - G-Mac’s AgTeam (exited), Maxie’s Excavating, Degelman Industries, Rocky Mountain Holdings, and Chrysalis Software. Fund III is the largest Private Equity Raise of $265 million by a Saskatchewan-based Fund Manager. Fund III is invested in the following companies -

Western Business Machines, 18 Wheels Holding, Timber-Tech Truss and its latest acquisition – Brydon Stairs, and Northway Aviation. PIC is pleased to participate in all three MBO Funds with Greg Yuel sitting on all Investment Committees.

XXIII Capital – Origins Fund I and Gemini Fund

XXIII

Matt Rachiele
Suite 701, 421 7th Avenue SW
Calgary, AB T2P 4K9 
https://xxiiicapital.com/

XXIII Capital is focused on (i) acquiring best-in-class income producing properties, (ii) structuring and acquiring properties net-leased to investment grade and creditworthy tenants, and (iii) partnering with top developers. Origins Fund I’s geographic focus will be heavily weighted to Alberta, but with interest in opportunities spanning the B.C. Interior through Saskatchewan.