SeaFort Capital broadcasts funding in truck components


Halifax, NS, 2 June 2022 /CNW/ – SeaFort Capital as we speak introduced that it has acquired Vehicles, Inc. Dartmouth, Nova Scotiais the biggest impartial heavy-duty aftermarket components distributor and supplier of truck and tools service in components for vans Atlantic Canada, The corporate operates a community of 16 areas throughout the nation. Atlantic Canada and in Ontario,

Corey MillerThe CEO of Components for Vehicles commented, “Our government crew has determined to associate with Seafort, given their sturdy values ​​and confirmed monitor document of efficiently rising firms. We glance to Seafort to drive strategic development. Very excited to be working with the crew, which can present thrilling alternatives for our workers and permit us to additional improve and broaden the sturdy assist we presently present to our valued clients”.

Rob NormandoSeaFort Managing Accomplice and Chairman commented, “That is the primary platform funding for SeaFort Capital Fund II and represents the kind of Canadian mid-market funding we’re concentrating on. We’re happy to be in enterprise and have a robust, confirmed administration crew and are excited to associate with the Firm as they proceed to execute on a well-defined development technique.”

The partnership will concentrate on persevering with to develop the Components for Vehicles development technique by introducing new services and pursuing growth inside Canada By greenfield initiatives and strategic acquisitions. The prevailing senior management crew will proceed to drive the enterprise as soon as Seafort is invested.

About components for vans

Components for Vehicles was based in 1919 and is headquartered in . is in Dartmouth, Nova Scotia, By its greater than 100 years of working historical past, the enterprise has grown to turn out to be a number one impartial distributor of components and repair supplier to the heavy-duty truck {industry}. Canada, Components for Vehicles presently owns and operates 16 areas in 5 provinces and is serviced by way of a community of twenty-two affiliated areas that function beneath the Trucklane banner. All through this community, the corporate can present clients with entry to 130 service bays and over 150 technicians. Please go to www.partsfortrucks.com for extra info.

About Seafort Capital

based mostly in Halifax, Nova ScotiaSeaFort Capital is a non-public fairness agency that invests in low- to mid-market Canadian companies with EBITDA. $2 million To $15 million, SeaFort is a growth-oriented investor that seeks to ascertain long-term partnerships to assist industry-leading Canadian firms develop. SeaFort targets investments within the enterprise companies, value-added distribution, manufacturing and industrial sectors. SeaFort Capital is investing in SeaFort Capital Fund II LP, which presently has a capital of approx. $160 million, Please go to www.seafortcapital.com for extra info.

Supply Seafort Capital Inc.

For extra info: Rob Normando, Managing Accomplice and President, Seafort Capital Inc., E-mail: [email protected]Web site: www.seafortcapital.com



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