TriWest Capital Partners

TriWest Capital Partners is a private equity firm based in Calgary, Canada, specializing in equity investments primarily in the mid-market sector. Founded in 1998, the firm focuses on management buyouts, growth capital, succession planning, corporate divestitures, and special situation transactions, primarily within the industrial, manufacturing, and services sectors. TriWest seeks to invest in established businesses, particularly those with annual revenues between $10 million and $200 million and EBITDA ranging from $10 million to $100 million, although it is open to opportunities outside this range. The firm typically aims for a majority stake in its investments, which generally span a four- to seven-year timeframe. TriWest Capital Partners has raised over $775 million in committed capital and emphasizes adding value through the operational and transactional expertise of its managing directors.

Duncan Adams

Vice President

Mitch Allen

Associate

Jeff Belford

Senior Managing Director

Brett Butler

Investment associate

Cody T. Church

Senior Managing Director and Co-Founder

Dave Connolly

Managing Director

Luke Copithorne

Associate

Chad Danard

Senior Managing Director

Dino DeLuca

Chief Operating Officer and Partner

Taylor Ethans

Vice President

Ryan Giles

Senior Managing Director

Ron Jackson

Co-Founder and Partner

Lorne Jacobson

Partner, Vice Chairman and Co-Founder

Mick MacBean

Senior Managing Director

Logan Miller

VP

Allie Moran

Associate

Norm Rokosh

Senior Managing Director

Jon Spencer

Managing Director

Mike Stone

Senior Associate

Sean Walsh

Associate

John Watkins

Director of Finance

Brenda Weiss

Vice President of Finance

Yang You

Associate

38 past transactions

Phoenix Fence

Private Equity Round in 2023
Phoenix Fence is a prominent manufacturer, supplier, and installer of various fencing products, including chain link, vinyl, ornamental (wrought iron) fences, and automatic gate operators, catering to industrial, commercial, residential, and agricultural needs since 1981. Operating from Canada’s largest in-house manufacturing and distribution facility, the company comprises two main divisions: Wholesale Distribution, which focuses on the supply of materials, and Fence Construction, which provides professional installation services. Phoenix Fence offers a comprehensive range of products such as custom fencing, manual and automated gates, privacy solutions, barbed wire, and agricultural fencing, supported by dedicated customer service teams well-versed in the specific requirements of diverse customer segments.

Kidoodle.TV

Private Equity Round in 2022
Kidoodle.TV provides unlimited streaming of the very best children’s TV shows, movies and educational programming for only $4.99 a month. Children can watch Kidoodle.TV on all of their favorite devices including: tablets, smartphones, laptops, computers and televisions.

California TrusFrame

Acquisition in 2018
California TrusFrame, LLC specializes in the manufacturing of engineered and prefabricated trusses and wall panels, catering to residential, commercial, and multi-family construction projects. The company produces a range of products including roof trusses, floor trusses, timber trusses, engineered wood products, shear wall elements, and smart components. Founded in 2005 and based in Perris, California, California TrusFrame leverages advanced software to design and engineer its products, ensuring precision and efficiency. The company employs a team of registered engineers and architects, allowing for in-house design processes that facilitate quicker turnaround times for clients. Additionally, California TrusFrame exports its products to customers in the Far East, further expanding its market reach.

PRT

Acquisition in 2018
PRT Growing Services Ltd. is North America's largest producer of container-grown forest seedlings, operating a network of 13 nurseries across Canada and the United States, including locations in British Columbia, Alberta, Saskatchewan, Ontario, and Oregon. The company has the capacity to custom grow over 180 million seedlings and offers a comprehensive range of reforestation services. These services include seed processing, specialized seed treatments, and propagation of both forest seedlings and non-forestry plants. Additionally, PRT provides quality testing, cold storage, shipping, tree planting, and field-performance assessment and enhancement services. Founded in 1988 and headquartered in Victoria, Canada, PRT Growing Services Ltd. was previously known as PRT Forest Regeneration Income Fund until it rebranded in 2011. The company transitioned to private ownership in 2012.

HPC Energy Services

Private Equity Round in 2018
HPC Energy Services, based in Calgary, Canada, specializes in horizontal drilling technologies. The company provides integrated oil and gas services that are designed to adapt to the evolving demands of the drilling industry. By offering a range of tools and solutions that enhance efficiency from the drilling rig to the drill bit, HPC Energy Services aims to support its customers in optimizing their operations.

Coast Appliances

Private Equity Round in 2017
Coast Appliances want your home or kitchen appliance buying experience to be fantastic. No matter what your needs are, they all help you choose the right kitchen appliances and home appliances in a fashion that is convenient, comfortable and budget-conscious. Their Coast kitchen appliance experts will build a solid relationship with you by understanding your needs and following through with the best solutions and alternatives to meet those needs. Coast Appliances’ purchasing power of 15 locations across Canada means you will get competitive pricing that is second to none. Visit us today and see why they are fast becoming the top choice for kitchen and home appliances.

Peloton Computer Enterprises

Private Equity Round in 2017
At Peloton, they’re 'well focused' on bringing small, mid-size, and large oil and gas operators the world's best well data and drilling software—equipping your business with the tools and information necessary to manage, simplify and optimize your operations. Their software gives your personnel a deeper insight and total control over data acquisition, analysis and visualization through the entire integrated well lifecycle. Since launching WellView® in 1991 for well operations and schematic visualization, they’ve continued to evolve. Today, our software provides a full well lifecycle data management solution for operations, drilling, production and construction/reclamations.

Trimlite

Acquisition in 2016
Trimlite Mfg. Inc. is a manufacturer and distributor of various home building products, specializing in stile and rail doors, fiberglass doors, decorative glass, and glass inserts for steel door fabricators. Founded in 1982 and headquartered in Surrey, Canada, the company operates additional manufacturing facilities in China, Vietnam, Canada, and the United States. Trimlite's product range includes decorative doorlites, break-resistant doorlites, fire-rated doors, and a variety of interior doors. Known for its innovative glass panel designs, Trimlite focuses on delivering quality products that enhance the aesthetic appeal of homes and businesses. The company's manufacturing processes emphasize craftsmanship, with a notable facility located in Renton, Washington.

Bull moose capital

Acquisition in 2016
Bull Moose Capital Ltd. is a Calgary-based company specializing in the rental and leasing of natural gas compressors, particularly high horsepower reciprocating units. Founded in 2004, the company primarily serves the natural gas sector in Western Canada, facilitating the movement of natural gas through gathering systems. In addition to its rental services, Bull Moose Capital also engages in the resale of surplus compressor units and invests in energy infrastructure projects. The company is committed to providing tailored solutions to its customers, offering flexible contract terms and a range of technical and financial support related to natural gas compression and its associated infrastructure.

Innova Global Ltd

Acquisition in 2015
Innova Global Limited specializes in engineering, fabrication, and construction services, focusing on noise control and waste heat recovery solutions for various industrial sectors, including power generation and petrochemicals. The company offers a wide range of services, such as acoustic consulting, air pollution compliance, and the installation of systems for managing noise and air emissions. Its product line includes gas path auxiliary equipment for gas turbines, heat recovery steam generators, and specialized boilers. Innova Global's projects encompass diverse applications such as compressor stations, noise management systems, and retrofitting services across multiple industries. Operating from its base in Calgary, Canada, the company serves clients globally, with sales offices in North America and a network of third-party fabrication facilities. Innova Global was established in 2012 and has evolved from its previous identity as ATCO Emissions Management Ltd. following its acquisition by TriWest Capital Partners in 2015.

Prostar Energy

Acquisition in 2015
Prostar manufacturing is an industry leading designer, manufacturer, and provider of highly innovative, automated well servicing equipment and solutions. Prostar well service is an innovative well service company providing experienced, knowledgeable crews and purpose built automated service rig packages.

Strike Group

Acquisition in 2015
Strike Group Inc. is an energy service and construction company based in Calgary, Canada, founded in 2004. The company provides a comprehensive range of services, including plant and facility construction, pipeline construction and maintenance, and electrical construction and instrumentation services. Additionally, Strike Group specializes in facility maintenance turnarounds, module assembly and fabrication, as well as tank cleaning services. Its offerings extend to the installation of compressors, separators, line heaters, and meter stations. The company serves various industries, including oil and gas, midstream, transportation, mining, and utilities, focusing on delivering project construction and maintenance solutions tailored to the energy sector.

International Fitness Holdings

Acquisition in 2014
International Fitness Holdings Inc. (IFH) has been inspiring Albertans to live a healthy and active lifestyle for over 30 years. IFH operates World Health, SPALADY, and Bankers Hall Club brands with 14 fitness club locations in Calgary and Edmonton. IFH fitness centers offer gym goers convenient health club facilities with flexible membership options, dynamic Group Exercise classes and Personal Training.

Broda group

Acquisition in 2014
Broda Group is a heavy construction company based in Prince Albert, Canada, specializing in earthwork, civil construction, aggregate processing, and concrete production. Founded in 1957, Broda Group serves both public and private sectors across Western Canada. The company offers a wide range of services, including highway construction, logging road development, rock blasting, and mineral extraction. Its aggregate processing division utilizes advanced equipment to handle over three million cubic meters of rock material annually, producing crushed stone for various applications such as rail ballast and concrete production. Additionally, Broda Group provides civil and drainage solutions, project management for infrastructure projects, and logistical support for remote work sites, ensuring efficient project execution at competitive costs. The company is recognized for its commitment to quality and service in the heavy construction industry.

NCSG Crane & Heavy Haul

Acquisition in 2014
NCSG Crane & Heavy Haul Corporation offers crane rental and heavy haul services in western North America. It offers operated and maintained cranes, bare rental cranes, contract lifting, heavy hauling, on-site transportation, hoisting and transportation-related engineering, logistics coordination, jack-and-slide, oilfield and boom truck, and specialty rigging services, including gantries and heavy forklifts. The company has a fleet of mobile cranes, conventional trailers, and lines of hydraulic platform trailers. It also provides equipment sale. The company offers its products and services for oil and gas, infrastructure, wind energy, and mining projects. NCSG Crane & Heavy Haul Corporation was formerly known as NC Services Group Ltd. The company was founded in 1987 and is headquartered in Edmonton, Canada.

Zytech building systems

Private Equity Round in 2014
Zytech Building Systems, Inc. is a manufacturer and distributor of building supply products primarily serving one-time home builders, track builders, and general contractors in Canada. Established in 1997 and headquartered in Balzac, Canada, the company specializes in providing a range of high-quality components such as roof trusses, floor systems, lumber packages, pre-fabricated stairs, wall panels, and decking materials. Zytech also offers design and engineering services to enhance its product offerings. With additional sales and engineering centers in Red Deer and Stony Plain, as well as production facilities in Leduc and a commercial location in Calgary, the company effectively caters to residential, commercial, and agricultural construction projects in Alberta and Saskatchewan.

Kayden Industries

Acquisition in 2014
Kayden Industries Ltd. specializes in the design and manufacture of solids control systems, centrifuges, and dewatering equipment primarily for the drilling industry. The company offers a range of high-volume centrifuges, including mammoth and predator models, along with auxiliary equipment such as premix tanks, shale bins, floc tanks, and pumping stations. Founded in 1995 and headquartered in Calgary, Canada, Kayden Industries operates additional locations in Edson, Beaverlodge, Estevan, and Nelson, as well as in New York, New York. In addition to its manufacturing capabilities, the company provides field support and technical services, which encompass routine and research laboratory testing, installation and maintenance of equipment, and on-site inspections.

Landmark Cinemas

Acquisition in 2014
Landmark Cinemas operates as a theatre exhibition company. Landmark Cinemas offers alternative programming and special events, on screen digital advertising, theatre rental, and online booking services.

Source Energy Services

Private Equity Round in 2013
Source Energy Services Ltd. produces, supplies, and distributes Northern White frac sand used primarily in oil and gas exploration and production in Western Canada and the United States. It also provides storage and logistics services for other bulk oil and gas well completion materials; and develops wellsite mobile sand storage and handling system. The company was founded in 2017 and is headquartered in Calgary, Canada.

Colter energy

Acquisition in 2013
Colter energy is a provider of production testing equipment and services to the oil and gas industry. Colter energy service supports all aspects of the upstream oil and gas industry with a primary focus on efficiency and safety.

Triple M Housing

Acquisition in 2013
Triple M Housing Ltd. is a home building company based in Lethbridge, Canada, specializing in manufactured and modular housing solutions for individuals and businesses in North America. Founded in 1981, the company offers a diverse range of products, including modular and ready-to-move homes, manufactured homes, and specialized housing options such as cottages and workforce housing. Triple M Housing caters to both commercial contractors and residential homebuilders, distributing its products through a network of dealers across the continent. The company is recognized for providing affordable housing that meets or exceeds the quality standards of traditional site-built homes.

Northern Mat & Bridge

Private Equity Round in 2012
Northern Mat & Bridge is providing temporary access solutions for resource and construction based industries. The company provides sales, rentals and turn-key servicing of wooden access mats, steel frame rig mats, and both temporary and permanent bridge structures. Northern Mat maintains a modern fleet of transport trucks, excavators and wheel loaders, which are used to install access mats quickly, safely and efficiently.

Concreate

Private Equity Round in 2011
Concrete rehabilitation, concrete protection, and new construction projects. Bridge and overpass rehabilitation services comprise the largest service category for the company.

Driving force

Private Equity Round in 2010
Driving force is an vehicle rentals, sales, and leasing company. Driving Force’s core business is in supplying commercial vehicles, mainly light-duty trucks and customized vans.

Gardewine

Private Equity Round in 2008
Gardewine is a service transportation company. Which offers trucking services through five different brands and three operating entities.

NSC Minerals

Private Equity Round in 2008
NSC minerals is a salt and liquid calcium chloride suppliers company. supply of Quality Products and Customer-Focus. The company also supplies salt for retail, animal feed, and hide curing applications.

Fraser River Pile & Dredge (FRDP)

Private Equity Round in 2008
FRDP is a provider of marine construction and dredging services. Also involved in both land foundation and marine environmental remediation work.

KMC Mining

Private Equity Round in 2008
KMC Mining is a contract road builder mining company. KMC expanded its operations to include railroads, dams, mines and other major earthworks. KMC has an extensive fleet comprised of the most well-maintained and cost-efficient heavy mining equipment in the industry and is a leader in developing and promoting a safe workplace.

Con-force

Private Equity Round in 2006
Con-force is a precast concrete industry. Con-Force’s in-house design and engineering group and field services team provide customers with value-added solutions for a wide range of projects. Con-Force specializes in the custom project design and manufacture of precast and prestressed structures including bridges, parkades, architectural cladding and standard products utilized in the construction industry.

Royal camp

Private Equity Round in 2006
Royal Camp Services Ltd. provides camp and catering services for remote location short term and long term projects. Its catering services include personnel, menu planning, and daily food preparation and service, as well as custodial support services for camp accommodations. The company owns and operates various open camps in Western Canada. It carries a fleet of dormitories, kitchen/diner units, wellsites, medic quarters, command centers, and recreation units. Royal Camp Services Ltd. was founded in 1991 and is based in Edmonton, Canada.

SCM Insurance

Private Equity Round in 2004
SCM Insurance, founded in 1986 and based in Edmonton, Canada, is a leading independent provider of comprehensive insurance solutions and claims management services. The company specializes in various areas including accident benefits, automobile, bodily injury, environmental impairment, liability, and property insurance, among others. SCM Insurance focuses on mitigating risks to individuals and physical assets while protecting brand reputation. Its extensive offerings also encompass risk management, loss prevention, and third-party administration services. The company prides itself on its commitment to evolving its services to meet the dynamic needs of clients, leveraging innovative technology and a knowledgeable staff to deliver exceptional customer service.

Primex

Private Equity Round in 2004
Primex Technologies Inc., founded in 1971 and based in Langley, British Columbia, specializes in the manufacturing of plastic casings for communications equipment. The company has evolved from its origins as a small custom injection molder, integrating several predecessor companies, including Vanguard Plastics, Premo Plastics, and VPL Enterprises Ltd. This growth has enabled Primex to develop extensive capabilities in the design, engineering, and mold fabrication of various proprietary and patented plastic products. As of July 2019, Primex operates as a subsidiary of Oldcastle Infrastructure.

Morphotek

Series C in 2004
Morphotek is one of the leading companies in the life science industry that develops novel classes of biological-based products to treat cancer, inflammation and infectious diseases. Since its founding in 2000, Morphotek has made extraordinary progress in discovering and developing monoclonal antibodies (mABs) to treat these diseases and continues to develop additional antibody products using its proprietary technologies. Post-graduate research executed by Morphotek’s President and CEO, Dr. Nicholas Nicolaides, during his studies at Johns Hopkins Medical School was the basis for the company’s inception. It was there that Dr. Nicolaides co-invented the company's legacy technology called morphogenics. Along with the honed applications for applying morphogenics for product development refined by the company’s other co-founders, Dr. Philip Sass and Dr. Luigi Grasso, morphogenics has taken Morphotek an incredible distance in the advancement of novel pharmaceutical products and targets.

DryAir

Private Equity Round in 2002
Dryair is a manufacturer of climate control solutions that are versatile, reliable and cost-effective. The Dryair product was aimed at the agricultural industry with the introduction of an innovative grain drying system.

TerraLink

Private Equity Round in 2000
TerraLink provides growers with a wide range of fertilizers, seeds, agrochemicals, equipment, plastics, amendments and other inputs. TerraLink is a manufacturer and distributor of fertilizer, seed and crop protection products. We strive to improve farm productivity by offering superior fertilizers and other crop input technologies with unparalleled agronomic support.

Swiss Water

Private Equity Round in 2000
Swiss Water Process removes caffeine from coffee for leading coffee roasters throughout the United States and 56 different countries around the world. As the only consumer-branded decaffeination process, Swiss Water Process stands for environmentally responsible, chemical-free caffeine removal for Specialty Coffees.

Cover-all building systems

Private Equity Round in 2000
Cover-all building systems is an manufacturer of steel-framed, engineered fabric buildings, offered a variety of building structures that sold into industrial, commercial, and residential markets.