Edition 4
For generations, Indigenous economies have thrived, rooted in trade networks, innovation, and sustainability. Today, Indigenous businesses are among the fastest growing in Canada, leading in industries from energy to finance, technology to agriculture. The word "Ahkameyimok" is a Cree word that means to persevere, to not give up, to keep going. We believe it’s a powerful word that conveys the resilience and determination of the Indigenous business community in Canada.
Ahkameyimok is published by Welch Capital Partners and aims to be a source for insights into Indigenous business transactions across Canada.
What You’ll See:
- News scans of Indigenous-led ventures and economic developments
- Indigenous Business Leaders on the Move & In the News
- Major Upcoming Indigenous Business Events
Athabasca Basin Development Successfully Acquires DSG Power Systems Inc.
We are proud to share the successful acquisition of DSG Power Systems Inc., a leading provider of diesel power solutions in Western Canada, by Athabasca Basin Development, an Indigenous-owned investment firm representing seven communities in Northern Saskatchewan.
“I’m incredibly glad I chose Welch Capital Partners as my advisors. Stephan and Muaz were consummate professionals and provided expert guidance throughout the entire transaction,” said Percy Hoff, President and Owner of DSG Power Systems.
Welch Capital Partners served as exclusive M&A advisor to DSG Power Systems in this transaction.
Congratulations to our client Percy Hoff, and to Athabasca Basin Development on a successful close.
BUSINESS DEALS IN THE NEWS - JULY 2025
Six Nations of the Grand River Development Corporation and Maple Leaf Matting Sign Mutual Profit-Sharing Agreement (July 31, 2025)
Caldwell First Nation Joins Hydro One in Major Equity Deal (July 29, 2025)
Fort McKay Landing and Northern Mat & Bridge Launch Joint Venture (July 28, 2025)
First Nations Bank reaches funding deal for Whistler development (July 28, 2025)
Six Nations of the Grand River Development Corporation and TULLOCH to Form Indigenous-Led Joint Venture (July 16, 2025)
Selkirk First Nation partners with venture firm to take over Minto mine (July 16, 2025)
Government of Canada to support 13 Indigenous-led clean energy projects through LCEFILF (July 8, 2025)
Mishkeegogamang First Nation and First Mining Sign Development Agreement for Springpole Gold Project (July 3, 2025)
Stonlasec8 Indigenous Alliance Limited Partnership completes C$715 million acquisition of 12.5% in Enbridge’s Westcoast pipeline (July 2, 2025)
Northern Lakes College is transferring its Grouard campus to Kapawe’no First Nation ( July 2, 2025)
Major Upcoming Business Events
CCIB West Coast Business Forum (Vancouver)
October 9, 2025
CANDO: Annual Nation Conference (Quebec City) (Council for the Advancement of Native Development Officers)
October 27-30, 2025
CCIB Indigenous Procurement Event (Winnipeg)
November 26, 2025
Welch Capital Partners Overview
Who We Are
Expertise: Our team brings decades of collective experience in M&A, capital and valuations offering unparalleled insights and guidance.
Client-Centric Approach: We prioritize our clients' goals and tailor our services to meet their unique needs.
Proven Track Record: Welch Capital Partners has a history of facilitating successful deals across various industries.
We are committed to delivering value, clarity, and results to our clients in an ever-changing market.
For more information, visit Welch Capital Partners or contact us today.
Edition 4
For generations, Indigenous economies have thrived, rooted in trade networks, innovation, and sustainability. Today, Indigenous businesses are among the fastest growing in Canada, leading in industries from energy to finance, technology to agriculture. The word "Ahkameyimok" is a Cree word that means to persevere, to not give up, to keep going. We believe it’s a powerful word that conveys the resilience and determination of the Indigenous business community in Canada.
Ahkameyimok is published by Welch Capital Partners and aims to be a source for insights into Indigenous business transactions across Canada.
What You’ll See:
- News scans of Indigenous-led ventures and economic developments
- Indigenous Business Leaders on the Move & In the News
- Major Upcoming Indigenous Business Events
Athabasca Basin Development Successfully Acquires DSG Power Systems Inc.
We are proud to share the successful acquisition of DSG Power Systems Inc., a leading provider of diesel power solutions in Western Canada, by Athabasca Basin Development, an Indigenous-owned investment firm representing seven communities in Northern Saskatchewan.
“I’m incredibly glad I chose Welch Capital Partners as my advisors. Stephan and Muaz were consummate professionals and provided expert guidance throughout the entire transaction,” said Percy Hoff, President and Owner of DSG Power Systems.
Welch Capital Partners served as exclusive M&A advisor to DSG Power Systems in this transaction.
Congratulations to our client Percy Hoff, and to Athabasca Basin Development on a successful close.
BUSINESS DEALS IN THE NEWS - JULY 2025
Six Nations of the Grand River Development Corporation and Maple Leaf Matting Sign Mutual Profit-Sharing Agreement (July 31, 2025)
Caldwell First Nation Joins Hydro One in Major Equity Deal (July 29, 2025)
Fort McKay Landing and Northern Mat & Bridge Launch Joint Venture (July 28, 2025)
First Nations Bank reaches funding deal for Whistler development (July 28, 2025)
Six Nations of the Grand River Development Corporation and TULLOCH to Form Indigenous-Led Joint Venture (July 16, 2025)
Selkirk First Nation partners with venture firm to take over Minto mine (July 16, 2025)
Government of Canada to support 13 Indigenous-led clean energy projects through LCEFILF (July 8, 2025)
Mishkeegogamang First Nation and First Mining Sign Development Agreement for Springpole Gold Project (July 3, 2025)
Stonlasec8 Indigenous Alliance Limited Partnership completes C$715 million acquisition of 12.5% in Enbridge’s Westcoast pipeline (July 2, 2025)
Northern Lakes College is transferring its Grouard campus to Kapawe’no First Nation ( July 2, 2025)
Major Upcoming Business Events
CCIB West Coast Business Forum (Vancouver)
October 9, 2025
CANDO: Annual Nation Conference (Quebec City) (Council for the Advancement of Native Development Officers)
October 27-30, 2025
CCIB Indigenous Procurement Event (Winnipeg)
November 26, 2025
Welch Capital Partners Overview
Who We Are
Expertise: Our team brings decades of collective experience in M&A, capital and valuations offering unparalleled insights and guidance.
Client-Centric Approach: We prioritize our clients' goals and tailor our services to meet their unique needs.
Proven Track Record: Welch Capital Partners has a history of facilitating successful deals across various industries.
We are committed to delivering value, clarity, and results to our clients in an ever-changing market.
For more information, visit Welch Capital Partners or contact us today.
