TRIWEST CAPITAL PARTNERS INVESTMENT INTO CALIFORNIA TRUSFRAME LLC
PERRIS, California, October 31, 2018
TriWest Capital Partners (“TriWest”) is pleased to announce that it has invested in California TrusFrame LLC (“CTF”), in partnership with CTF’s senior management team. This investment represents TriWest’s 10th portfolio company in Fund V.
Based in Perris, California, CTF is a leading supplier of structural building components, including roof trusses, floor trusses, Smart Components® and wall panels, which are used in a variety of residential, multi-family and commercial applications. CTF designs and manufactures these products from four strategically located facilities in California, from which it services a diverse base of nationally-recognized builders 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 about CTF, please visit www.caltrusframe.com.
“We are very excited to partner with Steve Stroder and the rest of the management team at CTF,” said Chad Danard, Managing Director at TriWest. “TriWest is highly impressed with CTF’s leading market position, and its commitment to providing exceptional quality and service to its customers in a timely manner. We were also drawn to management’s focus on respecting their employees, suppliers and other business partners while enhancing the communities in which they work. We look forward to supporting CTF as it continues to execute on its growth strategy.”
“CTF is excited to partner with TriWest Capital Partners. We are confident this new partnership will enhance our company’s growth potential, positioning CTF to provide greater benefit to our customers as well as professional opportunity for our valued staff,” said Steve Stroder, President and Chief Executive Officer of CTF.
About TriWest Capital Partners
Founded in 1998, TriWest is a leading private equity firm, having raised over $1.25 billion in committed capital through five funds. TriWest makes significant equity investments in profitable companies and works in partnership with management to generate superior financial returns through the pursuit of growth opportunities and a focus on operational excellence. TriWest provides more than just capital. The principals of TriWest have significant operational experience and financial expertise, making them effective partners in creating shareholder value. For more information about TriWest, please visit www.triwest.ca.