Category: News

Krystal Growth Partners Announces Investment in Whistler Contemporary Gallery

Krystal Growth Partners (“Krystal”) is pleased to announce that it has acquired a majority interest in Whistler Contemporary Gallery (“WCG”), partnering with shareholders Kyle Nordman and Steve Wallace. Founded in 1992, WCG represents emerging, mid-career, and established artists in two Whistler, BC gallery locations: Four Seasons Resort Whistler and Hilton Whistler Resort & Spa. With… READ MORE

Krystal Growth Partners Announces Sale of North West Rubber to TorQuest

Krystal Growth Partners (“Krystal”) is pleased to announce the sale of North West Rubber (“NWR”), a leading manufacturer and distributor of recycled and virgin rubber matting and other flooring products, to TorQuest Partners (“TorQuest”). Founded in 1968 and based in Abbotsford, BC, NWR’s products are sold throughout North America into a variety of end markets including the farm,… READ MORE

Premier Men’s Underwear Brand SAXX Receives Strategic Investment from TZP Group

SAXX Underwear Co. Ltd. (“SAXX”), the innovative Canadian men’s underwear brand, announced that it has received a strategic investment from TZP Group (“TZP”), a multi-strategy private equity firm, through TZP Capital Partners III, L.P. NLS Group Holdings Inc. (“NLS”), led by Krystal Growth Partners which invested in SAXX in April 2010, will retain a significant… READ MORE

Krystal Growth Partners Announces Sale of Smith Cameron Group

Krystal Growth Partners (“Krystal”) is pleased to announce the sale of Smith Cameron Group (“Smith Cameron”) to a US-based strategic buyer on July 2, 2021.  Tom Kramer, who acquired Smith Cameron along with Krystal in 2011, will continue as President under the company’s new ownership. The sale of Smith Cameron to a strategic buyer is… READ MORE

Fraser Valley Building Supplies acquires Terrace Builders Centre and Terrace Carpet Centre

Krystal Growth Partners is pleased to announce the acquisition of Terrace Builders Centre and Terrace Carpet Centre (also known as Your Décor) by its portfolio company, Fraser Valley Building Supplies (“FVBS”). The acquisition of these stores increases FVBS’ store count to 8 within British Columbia. The Terrace Builders Centre store includes a 20,000-sq.-ft. retail area, a… READ MORE

Trent Anderson joins Coast Spas Lifestyles as President & CEO

On behalf of the Coast Spas Group’s Board of Directors, we are pleased to announce the appointment of Trent Anderson to the position of President & CEO of Coast Spas Lifestyles. Coast Spas Lifestyles is the retail arm of the Coast Spas Group, retailing the full lineup of Coast Spas as well as a selection… READ MORE

Fraser Valley Building Supplies converts stores in the West Kootenays with banner partner Lowe’s Canada / RONA

Krystal Growth Partners is pleased to announce the grand opening of the RONA Trail and RONA Nelson locations by its portfolio company, Fraser Valley Building Supplies (“FVBS”). The acquisition of these stores increases FVBS’ store count to six within British Columbia. Acquired in 2019 by FVBS, the Trail and Nelson stores represent a combined 35,000… READ MORE

CMH Acquisition Corporation Completes the Acquisition of Carmanah

Krystal Growth Partners (“Krystal”) is pleased to announce the completion of the privatization of Carmanah Technologies Corporation (“Carmanah” or the “Company”) effective August 16, 2019. Krystal, in partnership with James Meekison, completed the transaction through a newly incorporated special purpose vehicle, CMH Acquisition Corp (“CMH”), by acquiring all of the issued and outstanding common shares… READ MORE

Krystal Growth Partners Appoints Brian Lau to Senior Associate Role

Krystal Growth Partners (“Krystal”) is pleased to announce the appointment of Brian Lau to the position of Senior Associate, effective June 17, 2019. Brian joins Krystal after a successful early career in Investment Banking (CIBC Mid Market Investment Banking), Assurance and Transaction Services (PricewaterhouseCoopers). Brian qualified as a CPA, CA in 2015 and graduated from… READ MORE

Latest News

Krystal Growth Partners Announces Investment in Whistler Contemporary Gallery

Krystal Growth Partners (“Krystal”) is pleased to announce that it has acquired a majority interest in Whistler Contemporary Gallery (“WCG”), partnering with shareholders Kyle Nordman and Steve Wallace. Founded in…

READ MORE
Krystal Growth Partners Announces Sale of North West Rubber to TorQuest

Krystal Growth Partners (“Krystal”) is pleased to announce the sale of North West Rubber (“NWR”), a leading manufacturer and distributor of recycled and virgin rubber matting and other flooring products, to TorQuest…

READ MORE
Premier Men’s Underwear Brand SAXX Receives Strategic Investment from TZP Group

SAXX Underwear Co. Ltd. (“SAXX”), the innovative Canadian men's underwear brand, announced that it has received a strategic investment from TZP Group (“TZP”), a multi-strategy private equity firm, through TZP…

READ MORE