Prem Watsa Comments on Dexterra

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Mar 08, 2021

The development of Dexterra's (TSX:DXT, Financial) business was dramatically reshaped by the reverse takeover in May 2020 of Horizon North. Dexterra, now a listed public company and led by John MacCuish, has a vision to build a Canadian support services champion. Its activities include a comprehensive range of facilities management, workforce accommodations, and forestry and modular build capabilities, including being a leader in social housing projects. Dexterra has publicly stated that it is on course in the next few years for Cdn$1 billion in revenue and Cdn$100 million in EBITDA.

From Prem Watsa (Trades, Portfolio)'s 2020 annual shareholder letter.