TriWest Capital Partners

TriWest Capital Partners, established in 1998, is a Calgary-based private equity firm that invests in mid-market companies across Canada. Focusing on the service, manufacturing, and distribution sectors, TriWest targets businesses with annual revenues between $10 million and $200 million and EBITDA ranging from $10 million to $100 million. The firm typically seeks majority stakes and holds investments for four to seven years. In addition to capital, TriWest offers operational and transactional expertise to create shareholder value. Since its inception, the firm has raised over $775 million in committed capital.

Duncan Adams

Managing Director

Jeff Belford

Senior Managing Director

Dave Connolly

Managing Director

Chad Danard

Senior Managing Director

Ryan Giles

Senior Managing Director

Mick MacBean

Senior Managing Director

Michael MacBean

Senior Managing Director

Logan Miller

Vice President

Allie Moran

Senior Associate

Norm Rokosh

Senior Managing Director

Agam Sivia

Associate

Jon Spencer

Managing Director

Mike Stone

Vice President

John Watkins

Senior Vice President, Finance

Past deals in Oilfield Services

Lithion Power Group

Private Equity Round in 2021
HPC Energy Services, based in Calgary, Canada, specializes in horizontal drilling technologies tailored to the evolving needs of the oil and gas sector. The company is committed to enhancing operational efficiencies for its clients by integrating various tools that span from the drilling rig to the drill bit. This comprehensive approach supports the dynamic drilling environment, positioning HPC Energy Services as a key player in the industry.

Lithion Power Group

Private Equity Round in 2018
HPC Energy Services, based in Calgary, Canada, specializes in horizontal drilling technologies tailored to the evolving needs of the oil and gas sector. The company is committed to enhancing operational efficiencies for its clients by integrating various tools that span from the drilling rig to the drill bit. This comprehensive approach supports the dynamic drilling environment, positioning HPC Energy Services as a key player in the industry.

Prostar Energy

Acquisition in 2015
Prostar Energy is a leading designer and manufacturer of advanced automated well servicing equipment tailored for the energy exploration and production sectors. The company specializes in providing innovative solutions, including hydrostatic brakes, sheaves, hook clevis, mud pumps, and various oil drilling equipment, primarily serving the heavy oil market. Operating through its wholly owned subsidiaries in Canada, Prostar Energy focuses on delivering fully automated service rigs, supported by experienced and knowledgeable crews. This commitment to innovation and quality positions Prostar Energy as a key player in the oil and gas industry, meeting the evolving needs of its clients.

Strike Group

Acquisition in 2015
Strike Group Inc. is an energy service and construction company based in Calgary, Canada, founded in 2004. It specializes in providing a range of services to the energy, transmission, and distribution sectors, as well as pipeline and industrial markets throughout Western Canada. The company's offerings include plant and facility construction, pipeline construction and maintenance, electrical construction, instrumentation services, and facility maintenance turnarounds. Additionally, Strike Group delivers module assembly, fabrication solutions, tank cleaning services, and installations for various equipment such as compressors, separators, line heaters, and meter stations. By focusing on safety and efficiency, Strike Group enables its clients to successfully develop and maintain critical infrastructure projects.

Kayden Industries

Acquisition in 2014
Kayden Industries Ltd. specializes in the design and manufacture of solids control systems, centrifuges, and dewatering solutions primarily for the drilling industry. The company offers a range of high-capacity centrifuges tailored to meet the oilfield solids control needs, alongside auxiliary equipment such as premix tanks, shale bins, floc tanks, and pumping stations. Established in 1995 and headquartered in Calgary, Canada, Kayden Industries operates additional locations in Edson, Beaverlodge, Estevan, and Nelson, with further operations in New York, New York. In addition to its manufacturing capabilities, the company provides comprehensive field support and technical services, including routine laboratory testing, delivery, installation, maintenance of equipment, and on-site inspections.

Colter Energy

Acquisition in 2013
Colter Energy is a provider of production testing equipment and services tailored to the upstream oil and gas industry. The company specializes in manufacturing mobile test separators, sand separators, multi-well diverter manifolds, flare stacks, and generators. In addition to its equipment offerings, Colter Energy provides essential services such as stimulation support, well optimization, production testing, and snubbing support. By focusing on efficiency and safety, the company enables its clients to effectively meet their project requirements while ensuring safe operations in a demanding sector.

SCM Insurance Services

Private Equity Round in 2004
SCM Insurance Services is a Canadian company based in Edmonton, established in 1986, that offers a wide range of insurance solutions aimed at mitigating risks and protecting both physical assets and brand reputations. The company specializes in various areas including accident benefits, agriculture, automobile, bodily injury, casualty, environmental impairment, fire, fidelity, liability, manufacturing and industrial sectors, mining, oil and gas, professional liability, residential and commercial property, as well as transportation equipment and cargo. In addition to traditional insurance offerings, SCM provides outsourced services such as claims adjusting, third-party administration, risk management, investigative and surveillance services, medical services, forensic engineering, and risk intelligence, helping clients effectively manage and reduce potential threats.
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