The Regina-based private investment firm is targeting private mid-market-size companies for First Nation and Métis communities to invest in. The company also announced Wednesday that it acquired education platform Four Seasons of Reconciliation for an undisclosed amount. (The Logic)
Talking point: The firm is led by Indigenous leaders Cadmus Delorme, former chief of the Cowessess First Nation in Saskatchewan, and chief executive officer Thomas Benjoe, who’s worked in commercial banking and Indigenous investments. The pair has partnered with chief financial officer Eric Clark and chief operating officer Tyler Willox on the venture. The company’s goals are rooted in economic reconciliation. It aims to empower Indigenous communities to own equity and build wealth, it said in a press release, and strengthen economic partnerships between Indigenous communities. Before formally launching, the firm teamed up with two First Nations to acquire Saskatchewan-based Pathway Supply LP, which sells industrial maintenance, repair and operations products.