Canwest

Winnipeg, Canada Founded: 1974 • Age: 52 yrs Acquired By Shaw Communications
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About Canwest

Canwest is a company based in Winnipeg (Canada) founded in 1974 was acquired by Shaw Communications in May 2010.. Canwest has raised $24 million across 2 funding rounds from investors including Shaw Communications and CIT. Canwest has completed 1 acquisition, including Jerusalem Post.

  • Headquarter Winnipeg, Canada
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $24 M (USD)

    in 2 rounds

  • Latest Funding Round
    $24 M (USD), Private Equity Round

    Jan 08, 2010

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Shaw Communications

    (May 03, 2010)

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People of Canwest
Headcount 5000-10000
Employee Profiles 19
Board Members and Advisors 11
Employee Profiles
People
John Gossling
EVP & CFO
People
Troy Reeb
EVP, Broadcast Networks
People
Greg McLelland
EVP & Chief Revenue Officer
People
Shawn Kelly
EVP, Technology

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Board Members and Advisors
people
Mark Hollinger
Director
people
Stephanie Coyles
Director
people
Julie Shaw
Director
people
Fernand Bélisle
Director

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Funding Insights of Canwest

Canwest has successfully raised a total of $24M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $24 million completed in January 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Private Equity Round — $24.0M
  • First Round

    (20 May 2009)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2010 Amount Private Equity Round - Canwest Valuation

investors

May, 2009 Amount Debt – Conventional - Canwest Valuation

investors

CIT
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Canwest

Canwest has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Shaw Communications and CIT. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Provider of commercial equipment financing services
Founded Year Domain Location
Provider of phone calling, wi-fi, and fiber optic services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Canwest

Canwest has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Jerusalem Post. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of English-language news and media content in print and online formats
1932
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Canwest

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Canwest Comparisons

Employees
+
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Competitors of Canwest

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Canwest

Frequently Asked Questions about Canwest

When was Canwest founded?

Canwest was founded in 1974 and raised its 1st funding round 35 years after it was founded.

Where is Canwest located?

Canwest is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.

Is Canwest a funded company?

Canwest is a funded company, having raised a total of $24M across 2 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $175M, raised on May 20, 2009.

What does Canwest do?

Canwest was founded in 1974 and headquartered in Winnipeg, Canada, operating as a media company focused on television broadcasting. Conventional networks such as Global Television were extended to nearly all English-speaking Canadians, while 26 specialty networks were maintained to capture a 30.1 share of commercial viewers. Funding of 24 million was raised in January 2010, and acquisition by Shaw Media occurred in August 2012 for an undisclosed sum.

How many acquisitions has Canwest made?

Canwest has made 1 acquisition, including Jerusalem Post.

Who are Canwest's investors?

Canwest has 2 investors. Key investors include Shaw Communications, and CIT.

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