TriWest Capital Partners has partnered with The Fastener Group to unite 15 independently operated fastener locations across Western Canada under a singular corporate structure, marking their first investment from Fund VI.

Target Company Information

TriWest Capital Partners has announced a strategic partnership with The Fastener Group (TFG), a leading distributor in the fasteners, tools, safety gear, and related accessories sector. This collaboration encompasses 15 TFG locations across Western Canada, historically operated as independent entities, now unified under a single corporate structure. This represents TriWest’s inaugural investment from their sixth fund.

Founded in 1979 in Calgary, Alberta, TFG began its journey with a solitary location and has since achieved remarkable growth. The recent transaction consolidates 15 locations across 12 cities from Manitoba to British Columbia, positioning TFG as a major player within Western Canada's fastener and accessory market, serving a wide range of clients from commercial builders and subcontractors to oil and gas companies.

Industry Overview in Canada

The Canadian fastener industry plays a crucial role in supporting construction, manufacturing, and industrial sectors across the country. Fasteners are essential components in building projects, machinery, and infrastructure, contributi