Latest from TriWest

Calgary, Alberta – February 13, 2026 — TriWest Capital Partners (“TriWest”) is pleased to announce that it has sold its interest in Peloton Computer Enterprises (“Peloton” or the “Company”) as part of a broader recapitalization transaction.

Calgary, Alberta – October 24, 2025 — TriWest Capital Partners (“TriWest”) is pleased to announce that it has sold Strike Group (“Strike” or the “Company”) to members of the Strike management team through a management buyout.

Calgary, Alberta – October 14, 2025 — TriWest Capital Partners (“TriWest”) is pleased to announce that it has sold Fraser River Pile & Dredge (“FRPD” or the “Company”) to Bird Construction Inc. (“Bird”).

Calgary, Alberta – October 2, 2025 — TriWest Capital Partners (“TriWest”) is pleased to announce that it has sold Bull Moose Capital Ltd. (“Bull Moose” or the “Company”) to affiliates of Terramont Infrastructure Partners (“Terramont”).

Calgary, Alberta – July 22, 2025 — TriWest Capital Partners (“TriWest”) is pleased to announce that it has partnered with Spence Diamonds Ltd. (“Spence” or the “Company”) through the completion of a majority equity investment in the Company alongside existing management, who will continue to lead the business. Spence is a vertically integrated diamond bridal jewelry retailer operating eight Canadian showrooms across Alberta, BC, and Ontario. Spence is TriWest’s second platform investment in the $325MM(1) TriWest Mid-Market Fund VI (“Fund VI”).

Calgary, Alberta — May 26, 2025 — TriWest Capital Partners (“TriWest” or the “Firm”) is pleased to announce it has closed TriWest Mid-Market Fund VI (“Fund VI”), having raised C$325 million of commitments1.. Consistent with prior funds, TriWest will partner with strong entrepreneurs and management teams to deploy Fund VI capital in businesses headquartered in, or with a strong connection to, Western Canada. Collectively, Fund VI and TriWest Lower Mid-Market Fund I2. are deploying nearly C$500 million of committed capital to support businesses with growth and/or transition capital needs.

Calgary, Alberta (November 1, 2024) — TriWest Capital Partners (“TriWest”) is pleased to announce that it has partnered with Alta West Mortgage Capital Corporation (the “Company” or “Alta West Capital”) through the completion of a majority equity investment in the Company. Alta West Capital is an established and industry leading fund manager providing alternative investment products within the Canadian residential mortgage market. Alta West Capital’s existing management team, led by CEO, George Botros and Executive Chairman, Charles McKitrick, will continue to lead the business and remain significant shareholders going forward.

Calgary, Alberta — TriWest Capital Partners (“TriWest”) today announced that it has partnered with The Fastener Group (“TFG” or the “Company”), a market leading distributor of fasteners, tools, safety gear and other related accessories. This transaction involves 15 TFG locations across Western Canada that have historically been separately owned and operated, and unites them under one corporate umbrella with common ownership. TFG represents TriWest’s first investment in Fund VI.

The Arthur J.E. Child Foundation from Calgary, Alberta announces major gift to support these initiatives COURSEULLES-SUR-MER, FRANCE – JUNE 4TH, 2024 – As the 80th anniversary of D-Day and the Battle of Normandy approaches, The Juno Beach Centre (JBC), Canada’s Second World War museum and memorial in Normandy, France is preparing for the future of remembrance with an $11 million dollar capital campaign.

Calgary, Alberta (October 11, 2023) — TriWest Capital Partners (“TriWest”) today announced that it has sold ZyTech Building Systems LP (“ZyTech” or the “Company”) to Dick’s Lumber, a banner of RONA Inc. (“RONA”). RONA is one of Canada’s leading home improvement retailers, operating or servicing some 425 corporate and affiliated stores.

Calgary, Alberta (February 7, 2023) — TriWest Capital Partners (“TriWest”) today announced that it has acquired a majority interest in Phoenix Fence Corp. (the “Company” or “Phoenix Fence”), a well-established industry leading provider of fencing and related products and services. Phoenix Fence’s existing management team will continue to lead the business. Phoenix Fence is TriWest’s sixth platform investment in the $157MM Growth Fund (2021 vintage).

Calgary, Alberta (January 18, 2023) — TriWest Capital Partners (“TriWest”) today announced that it has sold Triple M Housing Ltd. (“Triple M” or the “Company”), a leading provider of manufactured and modular homes, to ATCO Structures & Logistics.

Calgary, Alberta (September 30, 2022) — TriWest Capital Partners (“TriWest”), in partnership with BDC Capital’s Growth Equity Partners, BMO Capital Partners and Export Development Canada, is pleased to announce that it has acquired a majority interest in Monarch Industries (“Monarch”), a leading manufacturer of hydraulic cylinders and custom iron castings.

Calgary, Alberta (September 21, 2022) — TriWest Capital Partners (“TriWest”) today announced that it has partnered with Northern Lite Truck Campers (“Northern Lite”) and Off Grid Trailers (“Off Grid”), forming Outdoor Adventure Group (“OAG”), a leading recreational vehicle manufacturer and distributor.

Calgary, Alberta (May 10, 2022) — TriWest Capital Partners (“TriWest”) today announced that it has sold Northern Mat & Bridge Limited Partnership (“Northern Mat & Bridge” or the “Company”), a leading provider of temporary access solutions, to Exchange Income Corporation (“EIC”) a diversified acquisition-oriented company, focused in two sectors: aerospace & aviation services and equipment, and manufacturing.

Calgary, Alberta (September 2, 2021) — TriWest Capital Partners (“TriWest”) today announced that it has sold California TrusFrame, LLC (“CTF” or the “Company”), a producer of value-added building products in California, to Builders FirstSource Inc. (“Builders FirstSource”), a leading U.S. supplier of building products, prefabricated components and value-added services to the professional market segment for new residential construction and repair and remodeling.

Calgary, Alberta (July 29, 2021) — TriWest Capital Partners (“TriWest”) today announced that it has sold Trimlite Mfg Inc. (“Trimlite” or the “Company”), a leading manufacturer and distributor of residential doors and related door products, to Wynnchurch Capital, L.P. (“Wynnchurch”). The Company’s management team will continue to lead the business, which is headquartered in Renton, Washington.

TRIWEST CAPITAL PARTNERS INVESTMENT IN RECALLMAX Calgary, Alberta – TriWest is pleased to announce its investment in RecallMax (the “Company”), in partnership with the Company’s senior management team.

LITHION ANNOUNCES EQUITY PARTNERSHIP WITH KOCH STRATEGIC PLATFORMS June 23, 2021 – Henderson, Nevada, Wichita, Kansas & Calgary, Alberta – Lithion Battery Inc. (“Lithion” or the “Company”) announced today that the Company has completed a transaction with Koch Strategic Platforms (“KSP”).

TRIWEST CAPITAL PARTNERS ANNOUNCES PARTNERSHIP WITH SUPREME INTERNATIONAL Calgary, Alberta (April 19, 2021) — TriWest Capital Partners (“TriWest”) today announced that it has partnered with Supreme International Limited (“Supreme” or the “Company”), a leading manufacturer of feed mixers for the dairy and beef industries. Supreme’s existing management team will continue to lead the business.

TRIWEST CAPITAL PARTNERS SELLS PRT GROWING SERVICES Calgary, Alberta (April 1, 2021) — TriWest Capital Partners (“TriWest”) today announced that it has sold PRT Growing Services Ltd. (“PRT” or the “Company”), a leading reforestation logistics provider with operations across North America, to InstarAGF Asset Management Inc. (“InstarAGF”).

Press Release Calgary, Alberta, November 2019 TriWest Capital Partners (“TriWest”) is pleased to announce that Strike Group Inc. (“Strike Group”) (a Fund V portfolio company), has acquired Jedco Energy Services Corp. (“Jedco”) from its existing shareholders. The investment was made in partnership with Jedco’s management team and existing shareholders.

PRESS RELEASE Calgary, Alberta, August 2019 TriWest Capital Partners (“TriWest”) is pleased to announce that Lithion Power Group (a Fund V portfolio company), a leader in the manufacturing of lithium cells and packs for use in the oil & gas drilling industry, announced that it has acquired Aved Electronics from its existing shareholders.

PRESS RELEASE PERRIS, California, October 31, 2018 TriWest Capital Partners (“TriWest”) is pleased to announce that it has invested in California TrusFrame LLC (“CTF”), in partnership with CTF’s senior management team. This investment represents TriWest’s 10th portfolio company in Fund V.

August 23, 2018 PRT GROWING SERVICES LTD. PARTNERS WITH TRIWEST CAPITAL PARTNERS Calgary, Alberta, August 2018 TriWest Capital Partners (“TriWest”), is pleased to announce that it has invested in PRT Growing Services Ltd. (“PRT” or the “Company”). The investment was made in partnership with the Company’s senior management team. This investment represents TriWest’s ninth portfolio company in TriWest Fund V.

PRESS RELEASE CALGARY, ALBERTA **HPC subsequently changed their name to Lithion Power Group** April 18, 2018 TriWest Capital Partners (“TriWest”), is pleased to announce that it has invested in HPC Energy Services Ltd. (“HPC”). The investment was made in partnership with various members of HPC’s management team and existing shareholders. This investment represents TriWest’s eighth portfolio company in TriWest Fund V.

TriWest Capital Partners, a private equity firm based in Calgary, Alberta, today issued a clarifying statement in response to an article that appeared in The Globe and Mail newspaper on Tuesday, December 19, 2017.

CALGARY, AB (October 12, 2017) TriWest Capital Partners is pleased to announce that INNOVA Global Ltd. (a Fund V portfolio company), an international leader in emissions and noise control, announced today that it has acquired the shares of the multinational gas turbine auxiliary equipment specialist, Braden, from Global Power Equipment Group.

October 3, 2017 Coast Wholesale Appliances PRESS RELEASE VANCOUVER, British Columbia, October 2, 2017 TriWest Capital Partners (“TriWest”), is pleased to announce that it has invested in Coast Wholesale Appliances Inc. (“Coast”). The investment was made in partnership with Coast’s senior management and the existing Principals, who have all retained a significant ownership stake.

FOR IMMEDIATE RELEASE CALGARY, ALBERTA September 18, 2017 Landmark Cinemas Canada LP & TriWest Capital Partners are pleased to announce Landmark Cinemas LP has reached an agreement to be acquired by Kinepolis Group NV.

Calgary-based Peloton Computer Enterprises, a provider of well data software solutions for the oil and gas industry, has secured an undisclosed amount of funding. Silver Lake Kraftwerk led the round with participation from TriWest Capital Partners and HarbourVest Partners.

TORONTO, ONTARIO and MONTREAL, QUEBEC (February 14, 2017) – Edgefront Real Estate Investment Trust (TSXV:ED.UN) (“Edgefront REIT”) and Nobel Real Estate Investment Trust (TSXV:NEL.UN)(“NobelREIT”) announced today that they have entered into an arrangement agreement (the“ArrangementAgreement”) to create a diversified REIT with 36 commercial properties located across Canada.

Calgary, Alberta—(Marketwired – February 13, 2017) – NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

October 1, 2016 – TriWest Capital Partners, in partnership with the senior management team, is pleased to announce that it has acquired a majority interest in Trimlite Mfg. Inc., (“Trimlite” or the “Company”). This investment represents TriWest’s fifth portfolio company in Fund V.

December 31, 2015 – TriWest Capital Partners, in partnership with the senior management team, is pleased to announce that it has acquired the business of ATCO Emissions Management from ATCO Structures and Logistics, a subsidiary of ATCO Ltd. Following the acquisition, the business will operate as AEM Emissions Management Ltd.

October 9, 2015 – TriWest Capital Partners, in partnership with each senior management team, is pleased to announce that it has acquired a majority interest in Prostar Well Service Inc. (“Prostar”) and their manufacturer, Rangeland Drilling Automation (“Rangeland”), together forming a newly created combined entity operating as Prostar Energy Holdings Limited Partnership (“Prostar Energy” or the “Company”).

September 30, 2015 – TriWest Capital Partners, in partnership with the senior management team, is pleased to announce that it has acquired a majority interest in Strike Group Inc. (“Strike Group” or the “Company”). This investment represents TriWest’s eleventh portfolio company in Fund IV and the first portfolio company in Fund V.

October 5, 2015 – TriWest Capital Partners today announced that Dino DeLuca has been appointed to the new position of Chief Operating Officer (“COO”) of TriWest. Dino’s appointment follows an extensive search by TriWest for an executive to join the team with proven commercial experience and numerous professional accomplishments.

February 17, 2015 – Building on the success of its previous four funds, TriWest Capital Partners (“TriWest”) has closed its fifth fund (“Fund V”) with commitments totaling $500 million. TriWest is pleased to have received continued support from its existing Limited Partners, together with new commitments from institutional investors in both Canada and the United States.

September 1, 2014 – TriWest Capital Partners, in partnership with the senior management team, is pleased to announce that it has acquired a majority interest in Broda Group Inc. This investment represents TriWest’s tenth portfolio company in Fund IV.

Calgary, Alberta July 10, 2014 – TriWest Capital Partners (“TriWest”) is pleased to announce their second annual TriWest Partners’ Forum in Support of Workplace Safety. The 2014 event will be held at the Fairmont Banff Springs resort on September 17th & 18th.

February 7, 2014 – TriWest Capital Partners (“TriWest”), in partnership with senior management, is pleased to announce that it has acquired a majority interest in Kayden Industries Ltd. (“Kayden”). This investment represents TriWest’s sixth portfolio company in Fund IV.

January 24, 2014 – TriWest Capital Partners, in partnership with the senior management team, is pleased to announce that it has acquired a majority interest in Landmark Cinemas (“Landmark”) and financed the equity for the acquisition of the Western Canadian and select Ontario theatres from Empire Theatres. This investment represents TriWest’s fourth portfolio company in Fund IV.

January 9, 2014 – TriWest Capital Partners (“TriWest”) is pleased to announce the sale of RTL-Westcan Group of Companies (“RTL-Westcan”) to Kenan Advantage Group (“Kenan”). Canton, Ohio-based Kenan is North America’s largest tank truck transporter and logistics provider.

December 5, 2013 – TriWest Capital Partners is pleased to announce that it has invested in Source Energy Services (“SES” or “the Company”) in partnership with the Company’s existing shareholders and senior management team. This investment represents TriWest’s fourth portfolio company investment in Fund IV.

November 28, 2013 – TriWest Capital Partners, in partnership with senior management, is pleased to announce that it has acquired a majority interest in the business and assets of Colter Energy Services Inc. and Colter Production Testing Services Inc. (together, “Colter Energy”). This investment represents TriWest’s third portfolio company in Fund IV.

August 1, 2013 – TriWest Capital Partners is pleased to announce that it has acquired Triple M Housing Ltd. (“Triple M”) in partnership with senior management. This investment represents TriWest’s second portfolio company investment in Fund IV.

CALGARY, Alberta (February 19, 2013) – TriWest Capital Partners (“TriWest”) is pleased to announce that Lorne Jacobson (Co-Founder and Senior Managing Director at TriWest) has been appointed Chair of the Canadian Venture Capital Association’s (“CVCA”) 2013 Annual Conference Committee.

CALGARY, Alberta (May 31, 2012) – Building on its previous success, TriWest Capital Partners (“TriWest”) has closed its fourth fund (“Fund IV”) with commitments totaling $350 million. TriWest is pleased to have received continued support from its existing Limited Partners, together with new commitments from institutional investors in both Canada and the United States.

Calgary, Alberta TriWest Capital Partners (“TriWest”) is pleased to announce the successful divestiture of one of its portfolio companies, namely NSC Minerals Inc. (“NSC”). On December 30th, 2011, TriWest completed the sale of NSC to Wynnchurch Capital.

Calgary, Alberta TriWest Capital Partners (“TriWest”) is pleased to announce the successful divestiture of one of its portfolio companies, namely Royal Camp Services Ltd. (“Royal Camp”). On November 23rd, 2011, TriWest completed the sale of Royal Camp to Hammond, Kennedy, Whitney & Company, Inc. (“HKW”), a private equity firm.

Calgary, Alberta TriWest Capital Partners of Calgary, Alberta (“TriWest”) is pleased to announce that it has invested in ConCreate USL Limited Partnership (“ConCreate”). The investment was made in partnership with ConCreate’s existing principals, Gord Tozer and Derek Martin, and the rest of the senior management team. ConCreate is the sixth investment for TriWest Capital Partners III, L.P.

Calgary, Alberta TriWest Capital Partners of Calgary, Alberta (“TriWest”) is pleased to announce that it has invested in The Driving Force Inc. and its related entities (“The Driving Force” or “the Company”). The investment was made in partnership with The Driving Force’s existing Principal, who retained significant ownership in the business, along with the Company’s senior management team. The Driving Force is the fifth investment for TriWest Capital Partners III, L.P..

Calgary, Alberta The principals of TriWest Capital Partners are pleased to announce the hiring of two new Managing Directors who will become principals in the firm.

Calgary, Alberta TriWest Capital Partners of Calgary, Alberta (“TriWest”) is pleased to announce that the operations and assets of TerraLink Horticulture Inc. (“TerraLink” or the “Company”), a TriWest Fund I portfolio company, have been sold to Stern Partners Inc. (“Stern Partners”).

Calgary, Alberta TriWest Capital Partners of Calgary, Alberta (“TriWest”) is pleased to announce that it has invested in the Gardewine Group of Companies (“Gardewine”). The investment was made in partnership with Gardewine’s senior management team and the existing Principals, who have retained a significant ownership stake. Gardewine is the fourth investment for TriWest Capital Partners III, L.P..

Calgary, AB TriWest Capital Partners of Calgary, Alberta (“TriWest”) is pleased to announce that it has invested in Fraser River Pile & Dredge (“FRPD”). The investment was made in partnership with FRPD’s senior management team and the existing Principals, who have retained a significant ownership stake. FRPD is the second investment for TriWest Capital Partners III, L.P..

Calgary, Alberta TriWest Capital Partners of Calgary, Alberta (“TriWest”) is pleased to announce the acquisition of Primex Manufacturing Ltd. (“Primex”) by Vanguard Plastics Ltd. (“Vanguard”), a TriWest Fund II portfolio company, solidifying Vanguard’s market position as a value-added supplier selling primarily to the construction materials industry.

CALGARY, July 25 – Building on its previous success, TriWest Capital Partners has closed its third fund, TriWest Capital Partners III, L.P. (“Fund III”), with commitments totaling $250 million. Strong relationships with its existing and two new Limited Partners allowed TriWest to complete the fundraising process within three months.

Calgary, Alberta TriWest Capital Partners of Calgary, Alberta (“TriWest”) is pleased to announce that it has invested in KMC Mining Corporation (“KMC”) in partnership with KMC’s senior management team, Alberta Investment Management Corp. (“AIMCo”), ATB Investment Management Inc.

Calgary, Alberta TriWest Capital Partners of Calgary, Alberta (“TriWest”) is pleased to announce that RTL-Robinson Enterprises Ltd. (“RTL”), a TriWest Fund II portfolio company, and Westcan Bulk Transport Ltd. (“Westcan”) combined operations on May 1, 2007 to create the largest niche commodity hauler in Western Canada and the dominant Alberta – NWT transportation / infrastructure company.

Calgary, Alberta TriWest Capital Partners of Calgary, Alberta (“TriWest”) continues to be very active and is pleased to announce the following private equity transactions:

Calgary, Alberta TriWest Capital Partners of Calgary, Alberta (“TriWest”) has been very active over the past six months and is pleased to announce the following:

Calgary, Alberta TriWest Capital Partners Inc. of Calgary, Alberta, announced today the successful closing of TriWest Capital Growth Fund Limited Partnership II. The Partnership received funding commitments totaling $120 million from eight leading Canadian institutional investors and the principals of the General Partner.

Calgary, Alberta TriWest Capital Partners is pleased to announce the successful closing of the TriWest Capital Growth Fund Limited Partnership No.1. The Fund received commitments totalling $57 million from the founding partners and institutional investors across Canada.