Acquisitions in Saskatchewan, Canada

TerraVest Industries Inc. has entered into an agreement to acquire Advance Engineered Products. Advance, headquartered in Regina, Saskatchewan, is a Canadian manufacturer and service provider in the tank trailer industry, and the deal is intended to complement TerraVest’s existing tank trailer businesses and expand its product and service platform.

AutoCanada Inc. acquired Kavia Auto Body, a collision centre located in Saskatoon, Saskatchewan. The acquisition supports AutoCanada’s strategy to expand its national collision centre network in markets complementary to its existing dealership footprint.

All States Ag Parts, a portfolio company of Kinderhook Industries, acquired Combine World Inc., a Canada-based supplier of new, used, and reconditioned farm and light construction equipment and replacement parts. The deal expands All States Ag Parts’ presence into Western Canada and represents its sixth add-on acquisition.

Westbridge Capital Ltd. has acquired KAVIA Auto Body, Inc., an auto-body repair services provider based in Saskatoon, Saskatchewan. KAVIA’s retiring owner and president, Raj Kavia, will remain involved as chairman and will partner with Westbridge as it pursues additional acquisitions in the collision repair sector. Financing for the transaction was arranged by Westbridge Capital Partners Income Trust, a mezzanine debt fund managed by Westbridge.