TriWest Capital Partners announces its investment in the Driving Force Inc.
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..
About The Driving Force
The Driving Force is an integrated vehicle rental, leasing and sales organization headquartered in Edmonton, Alberta. The Driving Force’s core business is supplying commercial vehicles, mainly light duty trucks and customized vans, to corporate and government customers in both rental and leasing capacities.
Founded in 1998, TriWest is one of Canada’s leading private equity firms. 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 superior financial returns.
For more information, please contact:
Jeff Belford, Senior Managing Director
Cody Church, Senior Managing Director
Lorne Jacobson, Senior Managing Director
Mick MacBean, Senior Managing Director
Norm Rokosh, Senior Managing Director
TriWest Capital Partners