Golden Opportunities Fund invests in Mega Retail Consolidation

Westcap Management, a Canadian private equity and venture capital firm, manages Golden Opportunities Fund, a retail fund headquartered in Saskatchewan.

  • Mega Group is a retail buying group based in Saskatoon
  • It facilitates over C$2.5 billion annual retail sales to its retailer locations
  • Mega Retail Consolidation will provide succession and exit opportunities for independently owned retail locations

Golden Opportunities Fund has invested in Mega Retail Consolidation, an affiliate of Mega Group, a Saskatoon-based retail buying and support group for Canadian retailers.

Established in 1965, Mega Group helps retailer locations to conduct more than C$2.5 billion in annual retail sales.

Mega Retail Consolidation will provide succession and exit opportunities for independently owned retail locations using Mega Group’s services, ranging from purchasing power, financial reporting, e-commerce and sales support..

“Our member retailers, similar to businesses across all sectors, have been seeking succession options,” said Chris West, president, and CEO of Mega Group, in a statement. “Given our deep understanding of their business through the multitude of services that we offer them, it is a natural step in the evolution of their business that Mega, as a trusted partner, can now provide a succession solution with the aid of Golden, our financial partner.”

Westcap Management, a Canadian private equity and venture capital firm, manages Golden Opportunities Fund, a retail fund headquartered in Saskatchewan. Westcap has have completed more than $1 billion in transactions in over 200 companies.