Investment Summary

Trivest Partners Invests In Transit

On October 11, 2021, private equity firm Trivest Partners invested in distribution company Transit

Investment Highlights
  • This is Trivest Partners’ 5th transaction in the Distribution sector.
  • This is Trivest Partners’ 7th transaction in Canada.
  • This is Trivest Partners’ 1st transaction in Quebec.

Investment Summary

Date 2021-10-11
Target Transit
Sector Distribution
Investor(s) Trivest Partners
Deal Type Growth Capital

Target

Transit

Levis, Quebec, Canada
Transit is an auto parts supplier and distributor in eastern Canada. The Company supplies over 17,000 parts focused on categories such as brakes and chassis\/suspension, and services over 1,000 customers including auto parts retailers\/jobbers, online retailers and wholesalers through its eight warehouses located in the eastern provinces of Quebec, Ontario, Newfoundland, New Brunswick and Nova Scotia.

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Investor(S) 1

Investor

Trivest Partners

Coral Gables, Florida, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 4.5B USD
Size Large
Type Sector Agnostic
DESCRIPTION
Trivest's corporate headquarters in Coral Gables, Florida.
Trivest's corporate headquarters in Coral Gables, Florida.

Trivest is a private equity firm that invests in North American middle-market corporate acquisitions, recapitalizations, and growth capital financings. For platform investments, sectors of interest include niche manufacturing, value-added distribution, business services, and consumer products/services. The Firm seeks businesses with at least $4 million of EBITDA and valued between $20 and $250 million. Trivest prefers control-based situations but will also consider minority or co-investment opportunities. For add-on opportunities, Trivest will consider companies globally with valuations starting at $1 million. Trivest Partners was formed in 1981 and is based in Coral Gables, Florida.


DEAL STATS #
Overall 72 of 85
Sector (Distribution) 5 of 5
Type (Growth Capital) 15 of 22
State (Quebec) 1 of 1
Country (Canada) 7 of 9
Year (2021) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-09 Family First Homecare

Tampa, Florida, United States

Family First Homecare is a provider of skilled pediatric homecare services to patients across Florida, Indiana and Texas. With the help of 1,800 caregivers, Family First provides the highest quality of care and helps improve the lives of medically-fragile children.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-10-18 Big Truck Rental

Tampa, Florida, United States

Big Truck Rental is a provider of rental garbage trucks serving public, private and municipality waste haulers throughout the United States and Canada. The company oversees a fleet of 300+ refuse trucks with presence at over 50 rental locations across North America. Big Truck Rental was founded in 2002 and is based in Tampa, Florida.

Sell -