M&A Deal Summary

TriWest Capital Partners Acquires Colter Energy

On November 28, 2013, private equity firm TriWest Capital Partners acquired test/measurement equipment company Colter Energy

Acquisition Highlights
  • This is TriWest Capital Partners’ 1st transaction in the Test/Measurement Equipment sector.
  • This is TriWest Capital Partners’ 29th transaction in Canada.
  • This is TriWest Capital Partners’ 13th transaction in Alberta.

M&A Deal Summary
Date 2013-11-28
Target Colter Energy
Sector Test/Measurement Equipment
Buyer(s) TriWest Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Colter Energy

Okotoks, Alberta, Canada
Colter Energy is a provider of production testing equipment and services to the oil and gas industry in Western Canada and the Northern United States. Colter Energy specializes in providing flow back, production testing, workovers and completion operations on all well types, from high pressure critical sour wells to low pressure sweet wells. Colter Energy was formed in 2008 and is based in Okotoks, Alberta.

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Buyer(S) 1

Buyer

TriWest Capital Partners

Calgary, Alberta, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1998
PE ASSETS 1.6B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

TriWest Capital Partners is a Canadian private equity firm focused on investments in established companies operating in a variety of industries. Broad areas of interest include the distribution, manufacturing, and service sectors. TriWest targets mid-sized, profitable companies with EBITDA of $10 to $100 million. Prospective transaction types include management buyouts, growth capital financings, generational transfers, corporate divestitures, and special situations. TriWest will not invest in real estate, technology and primary resource development. TriWest Capital Partners was formed in 1998 and is based in Calgary.

DEAL STATS #
Overall 29 of 52
Sector (Test/Measurement Equipment) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 24 of 31
State (Alberta) 13 of 28
Country (Canada) 29 of 49
Year (2013) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-15 RTL-Westcan Group of Companies

Edmonton, Alberta, Canada

RTL-Westcan Group of Companies is a provider of hauler of bulk commodities in western and northern Canada, serving more than 500 customers across its operating region. KAG specializes in the logistics and transportation of fuels, chemicals and merchant gases.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-01 The Driving Force

Edmonton, Alberta, Canada

The Driving Force, Inc. is a provider of new and used vehicle rentals, sales, and leasing services for business, commercial.

Sell -
Mergr

Product

Company

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