TRIWEST CAPITAL PARTNERS ANNOUNCES PARTNERSHIP WITH SUPREME INTERNATIONAL
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.
Supreme was founded in 1953, under the name Alberta Engineering Ltd., as an agricultural distribution business with sales in Canada and the US. By the late 1980s, Supreme had shifted its focus from being a distributor of agricultural equipment to being a manufacturer of such products for the North American market. More specifically, Supreme became the first company in North America to manufacture a cutter-mixer-feeder, with the first unit it sold in 1990 still in operation today. The cutter-mixer-feeder and ancillary equipment are now the exclusive focus of the Company, and Supreme has become a world leader in the manufacturing of such units. These units allow customers to maximize the productivity of their dairy or beef operations by optimizing the mix of feed provided to their livestock. Supreme offers approximately 50 different models in a variety of configurations, such as pull-type, truck mount, self-propelled and stationary units. These units are manufactured in Wetaskiwin, Alberta, which is supplemented by a truck mount facility in Dodge City, Kansas. Supreme then sells its products through a global dealer network in Canada, the US, and other international markets. For more information about Supreme: www.supremeinternational.com
“TriWest is excited about investing in another leading Western Canadian business with a world class product offering and a growing international presence,” said Chad Danard, Senior Managing Director, TriWest. “We are highly impressed with the reputation that Supreme has built as a premium manufacturer of feed mixers and related products, and the strong relationships that management has built with its dealer customer base.”
Jeannette Guertin, President of Supreme, commented, “We look forward to our partnership with TriWest, which will allow us to expand our capacity and grow our sales in North America and abroad. Supreme and TriWest are very much aligned in the view that a high-quality product and superior customer service are critical to our ongoing success. This will continue to be our focus going forward.”
TriWest partnered with Export Development Canada as part of this investment. Grant Thornton Corporate Finance Inc. acted as financial advisor to Supreme.
About TriWest Capital Partners
Founded in 1998 and based in Calgary, Alberta, TriWest is one of Canada’s leading private equity firms, having raised over C$1.4 billion in committed capital through six funds. TriWest has successfully invested in 44 companies across a broad cross-section of the economy in partnership with their management teams. We work closely with our management partners, together proactively putting in place a strategy that maximizes growth potential and value creation by emphasizing operational excellence, prudent governance, and an efficient capital structure. The principals of TriWest have significant operational and financial expertise, making us effective partners in creating shareholder value. For more information about TriWest: www.triwest.ca
About EDC
Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage. As international risk experts, we equip Canadian companies with the tools they need – the trade knowledge, financing solutions, equity, insurance, and connections – to grow their business with confidence. Underlying all our support is a commitment to sustainable and responsible business. To help Canadian businesses facing extreme financial challenges brought on by the global response to COVID-19, the Government of Canada has expanded EDC’s domestic capabilities until December 31, 2021. This broader mandate will enable EDC to expand its support to companies focused domestically. For more information and to learn how we can help your company, call us at 1-800-229-0575 or visit www.edc.ca. Media contact: 1-888-222-4065 or media@edc.ca