Anchor Door & Window Announcement by DCI

Anchor Door & Window Announcement by DCI

February 2nd, 2022

Dakwakada Capital Investments LP (“DCI”) Chairman of the Board, Martin Eckervogt is pleased to announce that its wholly owned subsidiary Canada West Garage Doors LP (“Canada West”), has acquired the Kelowna branch of Anchor Door & Window (“Anchor”). Anchor is a family owned and operated company which began operations in 1984 in Kamloops, with the Kelowna branch opening in 1987. Anchor is a provider of residential and commercial overhead doors, security gates, windows and entry doors.

Anchor is a Master Authorized Dealer of Clopay® garage doors and entry doors – the only garage door brand backed by the Good Housekeeping Seal of Approval. They are also a Provantage® Dealer for LiftMaster garage door openers – the world’s #1 professionally installed garage door opener.

Subsequent to the completion of the transaction, Anchor Door (Kelowna) will be a subsidiary of Canada West. Canada West President Roy Mills provides the following statement: “We are very excited to bring Anchor Door under the Canada West banner. With this acquisition, we are happy to announce we will now be able to offer our clients, not only an increased selection of overhead doors, but also commercial overhead door and security gate services. Additionally, we expect this acquisition to help alleviate some of the supply chain issues observed in the past year.”

This represents the third overhead door acquisition for Dakwakada Capital Investments in the past 9 months, and the second outside of the Yukon. According to Martin Eckervogt, “Dakwakada is quickly becoming a significant player in the western Canadian overhead door market. We expect this increased size to pay benefits through increased access to product and increased buying power. More importantly, this provides the citizens of Champagne and Aishihik First Nations (“CAFN”) learning and work opportunities for those who are, or could be, interested in a career in overhead doors”.