TriWest Capital Partners buys majority interest in Strike Group
Canadian mid-market private equity firm TriWest Capital Partners has acquired a majority interest in Strike Group Inc. No financial terms were released. Based in Calgary, Strike Group is an energy service and construction company focused on servicing energy, transmission and distribution, pipeline and industrial sectors in Western Canada. Founded in 2004, it is led by President Stephen Smith. The deal, closed last month by TriWest in partnership with Strike Group's senior management team, is the first platform investment of TriWest Capital Partners Fund V LP, which raised $500 million in committed capital in February.
16 October 2015•2 mins read
