TRS Components and Terra Nova Truss Complete Merger of Equals
May 2, 2023
TRS Components Inc., a portfolio company of Argyle Capital Partners, and Terra Nova Truss completed a merger of equals that closed on April 1, 2023, creating one of the leading truss companies in Ontario and Canada. Argyle and co-investor Celina Capital Corporation backed the combination to expand geographic coverage, scale manufacturing capacity across four facilities, and pursue cross-selling and cost-savings opportunities.
- Buyers
- Argyle Capital Partners, TRS Components Inc., Celina Capital Corporation
- Targets
- Terra Nova Truss
- Platforms
- TRS Components Inc.
- Industry
- Building Products
- Location
- Ontario, Canada
- Transaction Type
- Addon
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