Firm News

Weatherhaven acquired by White Wolf Capital

White Wolf Capital Canada Inc., and its affiliates, (collectively “White Wolf”) are pleased to announce the acquisition of British Columbia, Canada based Weatherhaven.

September 15, 2021 – White Wolf Capital Canada Inc., and its affiliates, (collectively “White Wolf”) are pleased to announce the acquisition of British Columbia, Canada based Weatherhaven. In acquiring Weatherhaven, White Wolf is partnering with industry veteran Ray Castelli who will continue in his role as CEO of the company. Details of the transaction were not disclosed.

“We are excited about what the future holds as part of the White Wolf family of investments. They’ve demonstrated an ability to grow companies, particularly in the U.S. market, and we expect their extensive industry contacts will help take Weatherhaven to its next level of growth” said CEO Ray Castelli.

“White Wolf is very excited about the potential to work with the current management team to grow Weatherhaven as part of our portfolio of innovative companies” commented Eli Nohra, Managing Director of White Wolf Capital Canada, Inc. “This company’s innovative next generation portable infrastructure solutions, leading global market position and strong management team, is precisely the kind of opportunity we feel we can help take to the next level” he added.

Elie Azar, CEO and Managing Director of White Wolf, added “We look forward to working with Ray and his talented team to help the company execute on its U.S. expansion plans and beyond. This acquisition is White Wolf’s second acquisition in Canada and demonstrates our strong commitment to expanding investments in the Canadian market”.

About Weatherhaven

Weatherhaven is a Canadian company headquartered in Burnaby, British Columbia. Recognized as one of the world’s leading suppliers of rapid and redeployable mobile infrastructure, bases and shelters, for everything from military operations in the desert to climate research stations in ultra-cold Antarctica to sophisticated medical, humanitarian and disaster relief solutions.  For over 40 years Weatherhaven has provided its customers with rapid and effective responses to challenges, overcoming every terrain and climate imaginable, across 95 countries and all 7 continents. For further information, please visit:

About White Wolf

White Wolf is a private investment firm that began operations in late 2011 and is focused on making direct and indirect investments in leading North American middle market companies.

White Wolf seeks private equity and private credit investment opportunities in companies with $20 million to $200 million in revenues and up to $20 million in EBITDA. Typical situations include management buyouts, leveraged buyouts, recapitalizations, and investments for growth. Preferred industries include manufacturing, business services, government services, information technology, security, aerospace, and defense.

White Wolf also looks to invest with other private fund managers as a limited partner. Targeted investment candidates are North American focused private credit funds looking to raise $50 million to $500 million, with a focus on the lower-middle and middle-market.

White Wolf’s office locations include Miami, Chicago, Montreal, and New York City.

For further information, please visit

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