TriWest Capital Partners has successfully sold Triple M Housing Ltd., a leading manufacturer of modular homes, to ATCO Structures & Logistics, marking a strategic move to leverage ATCO's resources for Triple M's continued growth.

Target Information

TriWest Capital Partners has announced the sale of Triple M Housing Ltd. ("Triple M" or the "Company"), a premier manufacturer of modular and manufactured homes, to ATCO Structures & Logistics. Established in 1981, Triple M has been a pioneer in the factory-built housing sector, offering innovative designs and customizable options while upholding a uniquely Canadian identity. The Company utilizes proprietary building systems and operates a state-of-the-art production facility, ensuring timely and budget-conscious delivery of quality housing solutions to its customers.

In addition to quality and customization, Triple M is committed to reducing its environmental footprint. The Company actively engages in various green initiatives, such as the Built Green program and Energy Star certification, along with in-house recycling systems, which collectively decrease expected waste by over 60% compared to traditional construction methods. Triple M has successfully maintained its Canadian ownership and showcases steady growth in a competitive market.

Industry Overview in Canada

The Canadian housing industry has undergone significant transformations in recent years, driven by evolving consumer preferences and environmental concerns. The increasing demand for affordable housing solutions has placed modular and manufactured homes in