Pacific Radiator has been acquired by Petwin Private Equity
Relay Transition Partners is pleased to announce that Pacific Radiator Mfg. Ltd. (“Pacific Radiator” or the “Company”) has been acquired by Petwin Private Equity (“Petwin”).
Pacific Radiator is the largest manufacturer of replacement copper-brass radiator cores and tanks in Western Canada. Servicing clients across Western Canada and the Pacific Northwest, the Company is known for its high-quality products, excellent customer service, and fast turnaround times.
Relay Transition Partners acted as financial advisor to Pacific Radiator.
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Founded in 1985, Pacific Radiator specializes in the manufacturing of replacement copper-brass radiator cores and tanks for use in industrial equipment and vehicles. The Company’s primary manufacturing facility is in Langley, BC and it operates a second manufacturing facility in Edmonton, AB. Pacific Radiator's day-to-day operations will continue to be run by its existing management team.
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Petwin Private Equity is the investment arm of family-owned Petwin Bancorp Inc., a diversified investment company with operations in Calgary, Edmonton, Phoenix, Las Vegas, and Hawaii. Petwin invests in innovative and exciting businesses owned by entrepreneurial-minded leaders. Pacific Radiator is the second platform company in Petwin’s private equity portfolio.