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exchangeincomecorp.ca

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About Exchange Income Corporation

Exchange Income Corporation is a diversified acquisition-oriented company, focused in two sectors: aerospace and aviation services and equipment, and manufacturing. The corporation uses a disciplined acquisition strategy to identify already profitable, well-established companies that have strong management teams, generate steady cash flow, operate in niche markets and have opportunities for organic growth.

Exchange Income Corporation Headquarter Location

1067 Sherwin Road

Winnipeg, Manitoba, R3H 0T8,

Canada

204-982-1857

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Latest Exchange Income Corporation News

‘Sounds from the Sky:’ First Nations pilot aims to inspire young Indigenous flyers

May 24, 2022

Back to video “It was like this big, huge, magic machine when I was a child,” Mason said in an interview with The Canadian Press. “At a very young age I developed this kind of wonder about it.” The 43-year-old now pilots those planes. Mason spent his first few years in St. Theresa Point before moving south to Winnipeg. The Oji-Cree community is only accessible by airplane or winter ice road, so many residents become acquainted with flying early in life. These trips back home sparked an interest that would lay dormant for decades. Mason was working as a bartender but searching for more career stability when one of his regular customers offered to take him flying as a gesture of appreciation. “It just kind of sparked (something) in me, kind of like a light bulb. Like, this is what I’m looking for — being up in the air and having that sort of freedom and that sense of always being on top of things.” Advertisement 3 Article content He began flight training in 2016 and last fall, his childhood aspirations came full circle when he landed a Dash 8 turboprop in his home community. The aircraft was owned by Perimeter Aviation, an airline that serves Manitoba and northwestern Ontario. His parents, relatives and council members were there for the landing. “It was quite an emotional experience for myself to be able to be there,” Roy Mason said about watching his son fly. Mason worked full-time to fund his training, which happened once or twice a month. Around 2018, he was awarded the Bill Wehrle Scholarship named after the founder of Perimeter. The scholarship allowed Mason to move to New Brunswick to attend MFC Training, a pilot school in Moncton. Advertisement 4 Article content Chris Walsh, director of quality and safety at the school, first met Mason in the spring of 2018. “He’s kind of a sponge, seeking information from people who have been doing it for a long time and kind of looking for every little stream of information to be able to mould himself a little better,” said Walsh. Mason became an instructor with the school in 2019, a role in which Walsh says Mason excels. “His desire to reach out and help people … is a rare commodity in today’s environment. He’s lending a hand whenever required and also seeking out and letting people know when he needs help.” The decision to leave Manitoba for the East Coastwas not an easy one. Mason spent years touring as part of the award-winning bands Burnt Project 1 and Indian City. It was on one of these tours that he received word a family member had died. Advertisement 5 Article content When it came time to advance his career as a pilot, he worked with the company that owns Perimeter and the school to develop a plan that allows him to return home if needed to support his family. Last year, Mason was hired as a pilot based in Thompson, Man. “It’s what I’ve always wanted to do and I’m doing it in, mostly, the communities I wanted to serve.” Mason recently helped develop a program to give aspiring Indigenous pilots in northern Manitoba the chance to train closer to home. Exchange Income Corporation is in the process of launching the Atik Mason Indigenous Pilot Pathway program. The corporation owns several subsidiaries, including Perimeter. Flight training is to take place in Thompson and members who complete the program are to have a chance to work for one of the corporation’s airlines. Roy Mason said it has been a joy to watch his son open doors for youth. “I think he always wanted to be a role model and see the youth in First Nations communities be able to realize their goals.” When Mason looks back on his career choices, he thinks about the medicine name an elder gave him. It translates to “Sounds from the Sky.” Aviation has presented him with the full truth of his name, he says. “Many chapters to come, I’m sure.” Share this article in your social network Share this Story: 'Sounds from the Sky:' First Nations pilot aims to inspire young Indigenous flyers

Exchange Income Corporation Acquisitions

8 Acquisitions

Exchange Income Corporation acquired 8 companies. Their latest acquisition was Advanced Paramedics on May 10, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/10/2022

$99M

Acquired

1

5/10/2022

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$99M

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10

12/16/2021

Grant

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$99M

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10

7/5/2021

Private Equity

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$99M

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10

8/4/2020

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$99M

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10

Date

5/10/2022

5/10/2022

12/16/2021

7/5/2021

8/4/2020

Investment Stage

Grant

Private Equity

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

10

10

10

Exchange Income Corporation Partners & Customers

2 Partners and customers

Exchange Income Corporation has 2 strategic partners and customers. Exchange Income Corporation recently partnered with Wasaya Airways on February 2, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

2/1/2018

Partner

Canada

Exchange Income Corporation to recap Wasaya Group

`` The partnership with Exchange Income Corporation will serve Wasaya Group and its First Nation owners well into the future .

2

9/5/2014

Partner

Canada

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10

Date

2/1/2018

9/5/2014

Type

Partner

Partner

Business Partner

Country

Canada

Canada

News Snippet

Exchange Income Corporation to recap Wasaya Group

`` The partnership with Exchange Income Corporation will serve Wasaya Group and its First Nation owners well into the future .

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Sources

2

10

Exchange Income Corporation Team

1 Team Member

Exchange Income Corporation has 1 team member, including former Executive Vice President, David Patrick.

Name

Work History

Title

Status

David Patrick

Executive Vice President

Former

Name

David Patrick

Work History

Title

Executive Vice President

Status

Former

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