About Canwest
Canwest is a company based in Winnipeg (Canada) founded in 1974, and was acquired by Shaw Communications in May 2010. Media content is distributed across multiple platforms by Canwest. Canwest has raised $24 million across 2 funding rounds from investors including Shaw Communications and CIT. Canwest has completed 1 acquisition, including Jerusalem Post.
Company details
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.
- Headquarters Winnipeg, Canada
- Stage Acquired
- Website canwest.com
- Social LinkedIn
- Acquired by Shaw Communications (May 2010)
- Total Equity Funding$24M (USD)
in 2 rounds
- Latest Funding Round$24M (USD), Private Equity Round
Jan 2010
- InvestorsShaw Communications
& 1 more
- Investments & Acquisitions
- Acquired byShaw Communications
(May 2010)
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 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 $24M
- Total Rounds 2
- Last Round Private Equity Round β $24M
- First Round $175M
(May 2009)
- Investors Count 1
All 2 funding rounds of Canwest with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2010 | $24M | Private Equity Round | β | β | β |
| May 2009 | $175M | Debt – Conventional | β | β |
2 investors in total: 2 institutional.
Investors in Canwest
Canwest has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Shaw Communications and CIT.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of commercial equipment financing services | 1908 | cit.com | New York, United States | |
Provider of phone calling, wi-fi, and fiber optic services | 1966 | shaw.ca | Calgary, Canada |
Investor details for Canwest
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Canwest
30 people are tracked at Canwest (8 in leadership, 11 in board & advisors, 11 in team).
| Name | Role | Group |
|---|---|---|
John Gossling | EVP & CFO | Leadership |
Greg McLelland | EVP & Chief Revenue Officer | Leadership |
Doug Murphy | President & CEO | Leadership |
Phil Luckhoo | National Director Credit | Leadership |
Gobind Ramkumar | Director Of Finance | Leadership |
Debbie Bennett | Vice President Financial And Human Resources | Leadership |
Doug Davis | Vice President Revenue Management | Leadership |
Mark Gravel | Senior Account Director Eastern Canada | Leadership |
Mark Hollinger | Director | Board & advisors |
Stephanie Coyles | Director | Board & advisors |
Julie Shaw | Director | Board & advisors |
Fernand Bélisle | Director | Board & advisors |
Heather Shaw | Chair | Board & advisors |
Margaret O’Brien | Director | Board & advisors |
Charmaine Crooks | Director | Board & advisors |
Michael D’Avella | Director | Board & advisors |
Sameer Deen | Director | Board & advisors |
Barry James | Director | Board & advisors |
Michael Boychuk | Director | Board & advisors |
Bob Metcalfe | Account Executive | Team |
10 more people are available in the full profile.
Complete people profiles for Canwest
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Canwest
Canwest has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Jerusalem Post.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of English-language news and media content in print and online formats | jpost.com | Jerusalem, Israel | 1932 | Nov 2004 | $13.2M |
Complete acquisition details for Canwest
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Canwest
5 dated milestones of Canwest across 36 years, from founding to its latest funding, stage changes and deals.
- Founded Canwest is founded.
- Acquisition Acquires Jerusalem Post.
- Funding First funding round of $175.0M.
- Funding Latest funding round, Private Equity Round, of $24.0M.
- Exit Acquired by Shaw Communications.
Web traffic of Canwest
Websites that share an audience with Canwest (canwest.com).
Websites whose visitors overlap most with Canwest. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
canada.com | canada.com | 100% | #276,112 | β | |
abc.go.com | abc.go.com | 98% | #140,114 | β | |
| globaltv.com | 96% | 946.8K | #48,455 | View details | |
canwestglobal.com | canwestglobal.com | 69% | β |
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Frequently Asked Questions about Canwest
Canwest was founded in 1974 and raised its 1st funding round 35 years after it was founded.
Canwest is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.
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 β Conventional of $175M, raised on May 2009.
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.
Canwest has made 1 acquisition, including Jerusalem Post.
Canwest has 2 investors. Key investors include Shaw Communications, and CIT.
Yes. Canwest was acquired by Shaw Communications in May 2010.
