TriWest Capital Partners has sold California TrusFrame to Builders FirstSource
Headquartered in Perris, California, California TrusFrame (CTF) is a market-leading designer and manufacturer of prefabricated roof and floor trusses, wall panels and other structural components for single-family, multi-family and commercial buildings in the sought-after Western United States region. CTF designs and manufactures these products from four strategically located facilities in California, from which it services a diverse base of nationally recognized builders / developers and framing contractors. By manufacturing its products in a controlled environment with the assistance of the latest design software, computer-aided machinery and a rigorous quality control program, CTF is able to deliver a precise, consistent and trustworthy product for its customers. For more information, please visit www.caltrusframe.com.
Builders FirstSource (BFS) is one of the largest United States suppliers of building products, prefabricated components and value-added services to the professional market segment for new residential construction and repair and remodeling. BFS operates in 39 states with approximately 550 locations and service customers in 47 of the top 50 metropolitan statistical areas. They produce products such as roof and floor trusses, wall panels, stairs, vinyl windows, custom millwork and pre-hung doors. For more information, please visit www.bldr.com.
“Lincoln ran a disciplined and value-driving process in a challenging COVID-19 environment and volatile lumber market, and delivered an exceptional outcome for the shareholders,” said Chad Danard, Senior Managing Director at TriWest Capital Partners.
Lincoln acted as the exclusive financial advisor to CTF and TriWest Capital Partners, working closely with the management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, due diligence and negotiation phases of the transaction. Terms of the transaction were not disclosed.
About TriWest Capital Partners
Based in Calgary, Alberta, Canada, TriWest Capital Partners is one of Canada’s leading private equity firms, having raised over CAD 1.4 billion in committed capital through six funds. The firm has successfully invested in 43 companies across a broad cross-section of the economy in partnership with their management teams. TriWest Capital Partners works closely with management by proactively putting in place a strategy that maximizes growth potential and value creation by emphasizing operational excellence, prudent governance and an efficient capital structure. The principals of TriWest Capital Partners have significant operational and financial expertise, making them effective partners in creating shareholder value. For more information, please visit www.triwest.ca.
Lincoln’s deep building products expertise enabled us to position CTF as a differentiated and compelling structural component manufacturer. We valued Lincoln's senior-level support and hands-on approach throughout the sale process.
Meet our Senior Team
View More Transactions in Building Products
Lincoln International is pleased to announce that it has advised private shareholders led by Quartum Kapital on the sale of Vinylit to Laumann group / VEKA
U.S. Fence Solutions Company, LLC, a portfolio company of Building Industry Partners, has sold Binford Supply to Fencing Supply Group, a newly formed portfolio company of The Sterling Group
Lincoln International is pleased to announce that DreamLine, a portfolio company of MPE Partners, has been sold to American Bath Group, a portfolio company of Centerbridge Partners
Lincoln International advised Corinthian Capital on the sale of Eastern Wholesale Fence to Center Rock Capital Partners and Leelanau Private Capital
Lincoln International advised Turf Design on its sale to Armstrong World Industries (NYSE: AWI)
Lincoln International is pleased to have advised Grupo Tigre in the sale of its PVC window, door and frames division, Claris Soluções em Esquadrias, to Indústria Brasileira de Alumínio e Plásticos
Lincoln International advised management and BPE on the acquisition of Dätwyler Sealing Technologies
Lincoln International advised Batibig on the minority stake sale to Siparex