On April 1, 2022, WP Global Partners announced the full realization of its direct investment in Royal Camp.
Royal Camp is a business services company providing workforce accommodations and catering services to energy, mining, pipeline, and refinery companies operating in Western Canada. WP Global invested in Royal Camp alongside HKW. WP Global found this investment attractive given the infrastructure build trends driving demand for remote workforce accommodations combined with Royal Camp’s long-term customer contracts and unique outsourced service position. The company successfully increased EBITDA while retaining strong cash flows throughout the investment.
About WP Global Partners
WP Global Partners is a private markets firm focused on investing into small to middle market companies via both direct and fund vehicles through both private equity and debt strategies. With decades of experience, the WP Global team has collectively invested $7 billion into over 100 companies directly and into over 400 small to middle market funds.