INTAIR FUN SUN MERGER, CON-FORCE INVESTMENT, AND ROYAL CAMP INVESTMENT ANNOUNCEMENT
TriWest Capital Partners of Calgary, Alberta (“TriWest”) has been very active over the past six months and is pleased to announce the following:
- Fun Sun Vacations Ltd. (“Fun Sun”), a Fund II portfolio company, and V.I.T. Voyages Intair Transit Inc. (“Intair”) have merged to create Canada’s leading FIT tour operator and air consolidator;
- TriWest has invested in Con-Force Structures Limited (“Con-Force”) in partnership with the senior management team; and
- TriWest has invested in Royal Camp Services Ltd. (“Royal Camp”) in partnership with the senior management team.
About Fun Sun and Intair
As FIT tour operators, Fun Sun and Intair sell travel components (air, hotel, transfers, car rentals, cruises and attraction tickets) that can be customized by consumers into holiday packages with flexible departure dates and variable lengths of stay. As air consolidators, Fun Sun and Intair negotiate special fare arrangements with various airlines and sell seats on an individual basis. Fun Sun and Intair have developed a number of innovative programs and services to support and reward their travel agent customers while building customer loyalty. On a combined basis, Fun Sun and Intair provide travel products to over 600,000 Canadians traveling abroad.
Founded in 1949, Con-Force is a leading manufacturer of precast and prestressed concrete structures, including bridges, parkades, stadiums, industrial plants and marine components. Con-Force also produces architectural cladding for building construction and a variety of standard products utilized in the construction industry. Con-Force serves Western Canada and the Northwestern United States from four sales offices and three production facilities located in British Columbia, Alberta and Manitoba. Every major city within this region can claim at least one showcase project undertaken by Con-Force, which has consistently demonstrated excellence in complex projects, built to demanding specifications and within tight time constraints.
About Royal Camp
Royal Camp is the leading independent provider of complete turnkey camp rentals and catering services to drilling, seismic, pipeline construction and forestry companies in Western and Northern Canada. Since its inception in 1991, the Company’s strategy has been to compete on quality rather than discount pricing. As a result, Royal Camp has established a reputation for unparalleled service, clean and comfortable accommodations and a well trained staff.
Founded in 1998, TriWest is one of Canada’s leading private equity firms with over $175 million of committed capital. It cialis online is entrepreneurial, independent and based in Western Canada. TriWest makes significant equity investments in profitable companies and works in partnership with management to create opportunities in each business for further growth and superior financial returns.
For more information, please contact:
Jeff Belford, Managing Director
Cody Church, Managing Director
Lorne Jacobson, Managing Director
Kevin Jenkins, Managing Director
TriWest Capital Partners
Suite 3210, 150-6th Avenue S.W.
Calgary, Alberta T2P 3Y7
(403) 225-1144 www.triwest.ca