PFM Capital, Roynat Equity Partners, All-Fab Group: Acquisition of Pacific Homes, Pacific Truss, and Truline Truss
Regina, Saskatchewan – PFM Capital Inc. and Roynat Equity Partners, together with their portfolio company, the All-Fab Group, are pleased to announce the acquisition of Pacific Homes and Pacific Truss of Cobble Hill, British Columbia as well as an associated company, Truline Truss in Creston, British Columbia.
The All-Fab Group of Winnipeg, Manitoba is the largest independent Building Solutions provider across Western Canada and currently manages nine operations under the All-Fab, Nu-Fab and Olympic brands. Pacific Homes manufactures high performance custom homes for customers in Canada, USA and select international markets. Pacific Truss and Truline Truss provide roof and floor systems and panelized wall systems to the residential, commercial and agricultural building markets within British Columbia and Alberta.
“We are honoured to have the Pacific team join with us,” stated Ed Richmond, President and CEO of the All-Fab Group, “Pacific has established an outstanding reputation for superior standards of craftsmanship in all that they do. This fits very well with our culture and their markets align well with our strategic objectives.”
The Pacific and All-Fab teams share common values of progressive innovation, technical expertise, superior quality, and service excellence.
Grant McKinnon, President of Pacific, added “I am confident that our membership within the All-Fab Group will enhance the performance of all operating businesses and allow us to achieve even greater strategic growth together.”
Funds managed by PFM Capital Inc., and Roynat Capital Inc.’s private equity division, Roynat Equity Partners, are the principal owners of the All-Fab Group.
PFM Capital Inc. partnered with management in early 2018 to purchase All-Fab from its founders. Roynat Equity Partners joined the investor group concurrent with the company’s acquisition of Pacific, providing growth capital to help the company expand its operations across Western Canada.
“PFM is very pleased to add the Pacific companies to the All-Fab Group portfolio,” commented Johanna Salloum, Partner and Director of Investments at PFM Capital Inc. “We are confident that the combined leadership talent of these two companies and their strategic plans is a strong foundation for further growth and value creation in the building solutions sector.”
“We are excited to partner with PFM to continue to grow the All-Fab business,” said Tobin Hayward, Director at Roynat Equity Partners. “With the acquisition of Pacific, All-Fab continues to grow its Western Canadian operations, combining two first class building solution businesses.”
For more information on The All-Fab Group, visit all-fab.com.
For more information, please contact:
Sarah Laxdal, Communications Manager
PFM Capital Inc.
P: 306-791-4813 E: firstname.lastname@example.org
About Roynat Equity Partners
Roynat Equity Partners facilitates growth and creates wealth in established mid-market private companies by providing patient capital, advice and contact networks to Canadian entrepreneurs. With over $300 million in committed capital and offices across Canada, Roynat Equity Partners is dedicated to helping mid-market companies grow and achieve their business goals. Flexible investment structures are tailored to the needs of partners and include common equity, preferred equity, and convertible debt. Roynat Equity Partners is a division of Roynat Capital Inc. which is a wholly owned subsidiary of Scotiabank. For more information, please visit www.roynat.com/equity