Parties
Company
Trivest Partners L.P.
Company
Lenworth Building Services Limited
On March 15, 2023, Trivest Partners, a private equity firm, completed the acquisition of Lenworth Building Services, a company specializing in commercial overhead doors and industrial loading dock services in Canada. Although the financial terms of the deal were not disclosed, the acquisition marked a strategic partnership aimed at expanding Lenworth's market reach and service capabilities. Spencer Cawker, President of Lenworth Building Services, expressed enthusiasm about the partnership, highlighting Trivest's experience in business growth as a significant advantage. Cawker stated, “We are thrilled to partner with Trivest and tap into their experience in growing businesses like ours. We believe this partnership will allow us to further expand our reach and continue to offer the highest level of service to our customers.” Trivest Partners, headquartered in Miami, operates with a presence in Toronto and is focused on the support and growth of founder-led and family-owned businesses in both the U.S. and Canada.
Deal Type
Merger & AcquisitionIndustry
InfrastructureTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
15 March 2023