TerraLink Divestiture Announcement
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”). The senior management team of TerraLink has partnered with Stern Partners in this acquisition and will continue to operate and grow the business.
Founded in 1973, TerraLink is a leading value-added crop inputs distribution business based in the Fraser Valley region of Southwestern British Columbia (“BC”). Originally a granular fertilizer facility focused on crop inputs, the Company has grown into one of BC’s largest agricultural and horticultural supply businesses by successfully expanding its product line, distribution capabilities and value-added services through internal initiatives and strategic acquisitions.
TerraLink is engaged in blending and distributing a wide range of fertilizer, crop protection, seed and agri-plastics products. The Company sells to the Agriculture, Turf & Ornamental, Greenhouse and Retail Home & Garden markets. As an agri-retailer and wholesaler, it also offers additional related products and services that enhance the Company’s value to customers. TerraLink’s extensive and diverse product and service offerings combined with its value-added agronomic approach differentiate the Company in the marketplace. Located in one of the most fertile regions of Canada, TerraLink is a cialis multi-facetted business serving growers in BC, Alberta and Washington.
Founded in 1998, TriWest is one of Canada’s leading private equity firms with over $425 million in committed capital. It 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 for further growth and value enhancement.
About Stern Partners
“Founded by Ronald N. Stern, Stern Partners has a 20 year track record of investing in a wide range of industries and operating companies based primarily in North America. Stern Partners holds investments in a variety of industries, including manufacturing, distribution, retailing, publishing and printing, packaging and real estate. For more information, please visit www.sternpartners.com.”
For more information, please contact:
Jeff Belford, Managing Director
Cody Church, Managing Director
Lorne Jacobson, Managing Director
Kevin Jenkins, Managing Director
TriWest Capital Partners