TriWest Capital Partners Acquires Majority Stake in Alta West Mortgage Capital

TriWest Capital Partners Acquires Majority Stake in Phoenix Fence Corp.

February 7, 2023

Building Products

TriWest Capital Partners has acquired a majority interest in Phoenix Fence Corp., a manufacturer, distributor, and installer of fencing products based in Edmonton, Alberta. The transaction marks TriWest's sixth platform investment from its 2021 Growth Fund and aims to support Phoenix Fence's growth and diversification across commercial, industrial, and residential markets in Western Canada.

TriWest Capital Partners Invests in The Fastener Group

July 4, 2024

Industrial Services

Calgary-based private equity firm TriWest Capital Partners has partnered with The Fastener Group, uniting 15 previously separately owned fastener, tools and safety-gear locations across Western Canada under common ownership. The investment (TriWest’s first from Fund VI) will consolidate the business to drive scale, collaboration and operational improvements while keeping local service teams in place.

Bain Capital Acquires Controlling Stake in Archwest Capital

July 8, 2024

Financial Services

Bain Capital has made a significant growth investment to acquire a controlling stake in Archwest Capital, a national lender focused on non-owner-occupied residential and multifamily real estate financing. Management, led by CEO Shawn Miller, will retain a meaningful minority stake; financial terms were not disclosed. Bain will provide capital and operational resources to help Archwest scale its suite of fix-and-flip, bridge, construction, rental and multifamily lending products.

TriWest Capital Partners Invests in Supreme International

April 19, 2021

Manufacturing

TriWest Capital Partners has partnered with Supreme International, a Wetaskiwin, Alberta-based manufacturer of feed mixers for the dairy and beef industries, to support the company’s capacity expansion and international growth. Export Development Canada participated in the investment; Supreme’s existing management team will remain in place.

TriWest Capital Partners Invests in RecallMax

July 15, 2021

Cloud & SaaS

TriWest Capital Partners has made a growth investment in RecallMax, a Calgary-based provider of SaaS recall, scheduling, automated messaging, and analytics solutions for dental practices and DSOs. The capital will support RecallMax's management team in expanding the platform across North America and accelerating the company's next stage of growth.

Western Alliance Bancorporation Acquires AmeriHome Mortgage Company

February 16, 2021

Financial Services

Western Alliance Bancorporation has executed a definitive agreement to acquire Aris Mortgage Holding Company, the parent of AmeriHome Mortgage Company, for an estimated aggregate purchase price of $1.0 billion in cash (including $275 million cash consideration plus adjusted tangible book value). The deal brings a national B2B mortgage acquirer and servicer to Western Alliance — AmeriHome purchased about $65 billion of originations in 2020 and managed a $99 billion mortgage servicing portfolio as of December 31, 2020 — and is expected to be accretive to earnings and enhance fee / non-interest income.