TriWest leads new investment in NSCG Crane & Heavy Haul
Canadian private equity firm TriWest Capital Partners and the Alberta Teachers' Retirement Fund have agreed to acquire a majority stake in NSCG Crane & Heavy Haul Corp (NCSG) from its existing shareholders. TriWest led the undisclosed deal, which is expected to close before the end of the year. Goldman Sachs advised NCSG on the transaction. Based in Edmonton, NCSG is a provider of fully operated and maintained crane and heavy haul services in North America. It is also backed by U.S. private equity firm Northwest Capital Appreciation (NCA). Update: In 2006, NCA invested around $60 million in the company, which was then known as Northern Crane Services.
24 June 2014•3 mins read
