Western to invest $5 mln in Saskatchewan senior care homes
Western Investment Co of Canada has agreed to partner with Golden Health Care Inc, a provider of long-term senior care homes across Saskatchewan. The deal, valued at $5 million and expected to close in September, will see Western acquire a 30 percent equity interest in three facilities from Golden Health and other shareholders and secure a one-year option to acquire a 30 percent interest in undeveloped land in Yorkton. Additionally, Western and Saskatoon-based Golden Health will jointly explore the company's potential expansion into new communities. Western is a private equity firm focused on growth and ownership opportunities in Western Canada.
8 August 2017•3 mins read
