LineStar Utility Supply Inc.
CAI Capital Partners has acquired LineStar Utility Supply Inc.
Engagement Type:
Industry:
CAI Capital Partners has acquired LineStar Utility Supply Inc. MNP Corporate Finance Inc. provided vendor due diligence services to LineStar Utility Supply Inc.
Transaction Brief
LineStar Utility Supply (Linestar) is a leading distributor of powerline technician (PLT) tools and safety equipment across Canada. PLT tools are necessary to build and maintain the country’s critical electrical infrastructure. With distribution centers in B.C., Alberta, Manitoba, and Ontario, the company serves electric utilities, large powerline contractors, cities and municipalities, and corporations from coast to coast. LineStar was founded in 2005 and has established long-term, successful relationships with key tool and original equipment manufacturers.
CAI Capital Partners (CAI) is a Vancouver, B.C.-based private equity firm focused on partnering with and growing founder-owned businesses in the Canadian and U.S. lower middle market. Over three decades, CAI has invested more than C$1.5 billion of equity capital into companies across North America.