TriWest Capital leads acquisition of Monarch Industries with BMO Capital Partners, BDC Capital’s Growth Equity Partners, and Export Development Canada as co-investors

On September 30, 2022, TriWest Capital Partners completed a majority stake acquisition in Monarch Industries, a manufacturer of hydraulic cylinders and custom iron castings, along with BMO Capital Partners, BDC Capital’s Growth Equity Partners, and Export Development Canada, as co-investors.

BMO Capital Partners is the private equity arm of the Bank of Montreal.

Miller Thomson advised BMO Capital Partners on the transaction with a team led by Myron Mallia-Dare (Corporate/M&A) and comprised of Ron Choudhury and Manjit Singh (Tax) as well as Joshua Davis (Corporate/M&A).