Investment Summary

SeaFort Capital Invests In Parts for Trucks

On June 2, 2022, private equity firm SeaFort Capital invested in distribution company Parts for Trucks

Investment Highlights
  • This is SeaFort Capital’s 1st transaction in the Distribution sector.
  • This is SeaFort Capital’s 6th transaction in Canada.
  • This is SeaFort Capital’s 2nd transaction in Nova Scotia.

Investment Summary
Date 2022-06-02
Target Parts for Trucks
Sector Distribution
Investor(s) SeaFort Capital
Deal Type Growth Capital

Target

Parts for Trucks

Dartmouth, Nova Scotia, Canada
website
Parts for Trucks is an independent distributor of parts and provider of service to the heavy-duty truck industry in Canada. The company currently owns and operates 16 locations in five provinces and provides service through a network of 22 affiliate locations that operate under the Trucklane banner. Across this network, it can provide customers with access to 130 service bays and more than 150 technicians. Parts for Trucks was formed in 1919 and is based in Dartmouth, Nova Scotia.

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Investor(S) 1

Investor

SeaFort Capital

Investor Investor Investor

website

Category Private Equity Firm
Founded 2012
Size Small
Type Sector Agnostic
DESCRIPTION

SeaFort Capital is a private equity firm focused on buyouts and growth capital financing transactions throughout Canada. The Firm targets profitable companies with $2 to $15 million of EBITDA. Areas of focus include equipment service, manufacturing, distribution, and business services. SeaFort Capital was established in 2012 and is headquartered in Halifax, Nova Scotia.

DEAL STATS #
Overall 6 of 6
Sector (Distribution) 1 of 1
Type (Growth Capital) 4 of 4
State (Nova Scotia) 2 of 2
Country (Canada) 6 of 6
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-08 Mecfor

Chicoutimi, Quebec, Canada

Mecfor specializes in equipment design and manufacture for the global aluminum, mining and metals, and rail industries. Its client-based approach and production capacity allows Mecfor to adapt its equipment to the operational needs of customers. Mecfor was founded in 1997 and is based in Chicoutimi, Quebec.

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