TriWest closes fifth new deal in four months with buy of Kayden Industries
Canadian mid-market private equity firm TriWest Capital Partners has in partnership with company management acquired a majority stake in Kayden Industries Ltd, a Calgary-based designer, manufacturer and supplier of large capacity centrifuges and supplemental equipment, primarily for the oil and gas industry. The financial terms of the deal were not disclosed. TriWest's acquisition of Kayden is the firm's fifth new platform investment since Nov. 2013, and the sixth investment made to date by TriWest Capital Partners Fund IV, which was closed at $350 million in 2012. Last month, the Calgary-based TriWest also backed movie exhibition chain Landmark Cinemas, and financed its buy of theatre assets from Empire Theatres.
7 February 2014•2 mins read
