KV Capital’s Private Equity Division Partners with Nelson Lumber to Launch Building Products Portfolio
Strategic partnership enhances capabilities and market reach in building products sector
We are excited to announce a strategic partnership with Nelson Lumber Company Ltd., a leading Alberta-based supplier of commercial and residential building supplies for renovations and new home construction, along with Nelson Homes, a manufacturer of ready-to-move and prefabricated homes (collectively referred to as ‘Nelson Lumber’).
This partnership marks a significant extension of KV Capital’s private equity division into the building products arena and enhances KV Capital’s mission to support real estate development in the markets we operate in. Working alongside ATB Private Equity, BDC Capital, and the current shareholders of Nelson Lumber, this initiative propels Nelson Lumber’s growth ambitions while respecting and building on the Nelson legacy and brand established over its 75 years of existence.
“We’re eager to partner with firms that share our vision for the future as it relates to building supply sales, manufactured building components, building packages, and premanufactured home production. Together we will continue to improve our customer’s experience, boost the efficiency of our operations, and expand into new markets and offerings,” explains Jason Pehl, President of Nelson Lumber.
“Nelson Lumber’s reputation, culture, and proven track record make it an ideal inaugural investment for KV Private Equity Fund III”, said Aleem Virani, CEO of KV Capital. “We invest in companies with significant potential, and we’re excited by how this partnership will drive success for Nelson Lumber, KV Capital, and our stakeholders—particularly our ability to better serve our customers and investors.”
“ATB Private Equity is thrilled to partner with KV Capital, BDC Capital, and the current shareholders of Nelson Lumber, united in our vision to expand the Nelson Lumber platform. We are eager to work with Nelson Lumber’s management team to accelerate growth and further enhance their industry-leading reputation established over the past 75 years,” stated Terry Freeman, Head of Investments at ATB Private Equity.
“Nelson Lumber, a leading supplier of building supplies and material packages, is well-positioned for growth—a trajectory it has maintained for the past 75 years. Thanks to its dedicated management team’s commitment to quality and trust, Nelson Lumber is set to play an increasingly significant role in Alberta’s housing industry, especially during this period of exciting provincial growth,” said Tabreez Lila, Managing Director, Growth and Transition Capital, Prairies at BDC Capital.
This transaction marks the launch of KV Capital’s building products private equity strategy. As the first investment in this space through KV Private Equity Fund III, it demonstrates KV Capital’s commitment to identifying and nurturing high-growth companies in this dynamic sector.
KV Capital invites inquiries from prospective investors and companies, as the fund remains actively open for investment and deployment opportunities.
Source: KV Capital Inc.