KV Private Equity has acquired Northern Lite Mfg. Ltd., first investment of KV Private Equity Fund.
Founded in 1989, Kelowna, BC based Northern Lite manufactures desirable high-end fiberglass truck campers, which are distributed throughout Canada and the United States via its well-established dealer network. Northern Lite is recognized in the RV industry for their high standards of quality, workmanship, and lightweight design of their products.
“We are excited to have the opportunity to continue building this exceptional business. It is an honour that Mac will continue with us as a Director, and that his son Keith has agreed to join us as a shareholder, while also staying on as the General Manager of Northern Lite,” said Jonathan Herman, COO of KV Private Equity.
“Northern Lite has been very successful over the last 27 years, I know that the best days are in front of it and that the company is in great hands with Keith and KV,” said Mac Donkin, on behalf of the vendors.
Edmonton, Alberta based KV Private Equity Inc. invests in lower mid-market operating businesses that are based in Western Canada, with established operations and strong growth potential.
photo credit: Northern Lite Mfg
Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.
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