TriWest Capital Partners Announces Final Closing of Fund VI
Calgary, Alberta — May 26, 2025 — TriWest Capital Partners (“TriWest” or the “Firm”) is pleased to announce it has closed TriWest Mid-Market Fund VI (“Fund VI”), having raised C$325 million of commitments1.. Consistent with prior funds, TriWest will partner with strong entrepreneurs and management teams to deploy Fund VI capital in businesses headquartered in, or with a strong connection to, Western Canada. Collectively, Fund VI and TriWest Lower Mid-Market Fund I2. are deploying nearly C$500 million of committed capital to support businesses with growth and/or transition capital needs.
Multi-Fund Strategy
Since 2020, TriWest has been offering a multi-fund strategy which has enabled the Firm to simultaneously invest in both small and medium-sized enterprises across Western Canada. TriWest’s multi-fund strategy allows the Firm to continue its 26-year history as a leading private equity firm focused on deploying capital in Western Canada; having raised over C$1.75 billion of committed capital and completed 50 platform investments across seven funds. The Firm anticipates launching TriWest Lower Mid-Market Fund II prior to the end of this year.
The Firm’s local reputation and approach to partnership has generated significant access to deal flow, often proprietary in nature, that allows TriWest to partner with management teams operating businesses with a strong competitive advantage. While TriWest focuses on Western Canadian headquartered businesses, the Firm’s investment strategy is predicated on investing in businesses with well diversified revenues across Canada and the U.S.
About TriWest Capital Partners
Founded in 1998 in Calgary, AB, TriWest Capital Partners is a private equity firm that makes investments in partnership with entrepreneurs and management teams. TriWest works closely with management teams providing portfolio companies with customized support to accelerate value creation, including strategic guidance, organic growth initiatives, support for acquisitions, succession planning, and capital structure optimization. The Firm generates value by supporting business growth while utilizing an effective capital structure through the prudent use of debt.
1. Including C$25 million of commitments from TriWest Opportunities Fund Manitoba which has sourced committed capital from Manitoba First Fund
2. Formerly known as the TriWest Growth Fund
For more information, please contact:
TriWest Capital Partners
Dino DeLuca
Chief Operating Officer
Tel: (403) 817-9665
Email: ddeluca@triwest.ca