Investment Summary

TriWest Capital Partners Invests In FRPD

On August 11, 2008, private equity firm TriWest Capital Partners invested in marine company FRPD

Investment Highlights
  • This is TriWest Capital Partners’ 1st transaction in the Marine sector.
  • This is TriWest Capital Partners’ 20th transaction in Canada.
  • This is TriWest Capital Partners’ 5th transaction in British Columbia.

Investment Summary

Date 2008-08-11
Target FRPD
Sector Marine
Investor(s) TriWest Capital Partners
Deal Type Growth Capital

Target

FRPD

New Westminster, British Columbia, Canada
FRPD has been providing marine construction and dredging services. FRPD is a marine construction and dredging contractor with operations mainly in Western Canada and the Northwest Territories. FRPD was founded in 1911 and is based in New Westminster, British Columbia,

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Investor(S) 1

Investor

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 20 of 53
Sector (Marine) 1 of 1
Type (Growth Capital) 2 of 12
State (British Columbia) 5 of 8
Country (Canada) 20 of 50
Year (2008) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-08-04 Fun Sun Vacations

Edmonton, Alberta, Canada

Fun Sun Vacations Ltd. and V.I.T. Voyages Intair Transit Inc. merged on December 1, 2005 to create Canada's leading FIT tour operator and air consolidator. The Company's primary destinations include the US and Europe with growing sales to the South Pacific, Asia, Africa and Central and South America. The Company markets its products to vacation and business travel consumers primarily through travel agencies. The Company has developed a number of innovative programs and services that help support and reward its travel agent customers while building customer loyalty.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-10-01 NSC Minerals

Saskatoon, Saskatchewan, Canada

NSC Minerals, Inc. is a provider of salt for highway de-icing, industrial and agricultural applications, serving municipal, provincial and state governments. NSC Minerals was founded in 1988 and is based in Saskatoon, Saskatchewan.

Buy -