WDC Purchases First Commercial Business

Jan 11, 2018

On January 11th, 2018, the Waséyabek Development Company, LLC (WDC) Board of Directors unanimously approved the purchase of DWH. This acquisition contributes to WDC’s revenue stream and adds another long-term, stable investment to the Tribe’s economic diversification portfolio.

DWH was originally formed to aid business owners and financial institutions to restructure or turn around troubled business entities but has since expanded its services to focus on growth structuring and capital management services. DWH differentiates itself through its highly experienced staff, proprietary assessment and review process, and unique business philosophy. By offering business and financial advisory services that maximize value for all stakeholders, DWH delivers solutions that create positive outcomes for client businesses and organizations as well as employees, vendors, lenders, and entire communities. DWH currently has offices in Grand Rapids and Detroit and employs strong leaders that will remain with the company as well as provide interim executive staff support as WDC grows.

In keeping with the philosophy of the Tribe, WDC believes that economic opportunity creates a sustainable path for the next seven generations and evaluates each investment, acquisition, and partnership through that lens. Thank you to Tribal Council, Membership, and the WDC Board of Directors, for empowering the WDC staff to pursue economic development opportunities in service to the Tribe.

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