Added to YB: 2025-04-04
Pitch date: 2025-04-02
WED.V [bullish]
The Westaim Corporation
-9.62%
current return
Author Info
No bio for this author
Company Info
The Westaim Corporation is a private equity firm specializing in direct and indirect investments through acquisitions, joint ventures, secondary investments both direct and indirect, fund of fund investments, and other arrangements.
Market Cap
CAD 460.8M
Pitch Price
CAD 31.30
Price Target
N/A
Dividend
N/A
Sector
Capital Markets
Category
growth
Westaim (WED.V) - Transitioning From Sum of Parts HoldCo to OpCo Compounder
WED.V: Integrated insurance & asset mgmt platform trading at 1.1x TBV. Arena Investors (49% profit share) worth $500M-$1B by 2028, up from $23M book value. Ceres Life targeting 15-20% ROE. Management proven with 15.8% IRR since 2009. $100M buyback, 17%+ ROE potential. Risks: execution, scale, Arena performance.
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