Osprey Capital Partners Inc. is pleased to announce that is has assisted Manu-Fab Building Components (Green) Ltd. acquire Saskatchewan based Prince Albert Truss. Established in 1978, the North American Lumber Pre-fab manufacturing plant operates out of Prince Albert, Saskatchewan and is a manufacturer of engineered wood trusses and a supplier of engineered floor joists for residential, farm and commercial construction projects.
Mark Dingman owner and operator of Manitoba based Manu-Fab Building Components (2014) Ltd. was seeking to acquire a related business in Saskatchewan to locally service growing demand for high-quality, competitively priced building components.div>
Osprey Capital was asked to assist in the sourcing, negotiations, structuring and successful closing for the acquisition of Prince Albert Truss. Saskatchewan based, the business manufactures and distributes panelized wall systems, wood-web floor trusses and engineered roof truss systems.div>
Mark Dingman, President of Manu-Fab Building Components (Green) Ltd. concluded, “With our Manitoba operation we initiated market activity in Saskatchewan but realized to be successful, the market demanded local operations and service capability. The acquisition of Prince Albert Truss allows us to ensure that we can meet the expectations of our customers.””Osprey Capital guided us through negotiations, and ensured that the structure of the acquisition enabled us to maintain the core values of the vendors, employees and business, while positioning us for growth and expansion in the Saskatchewan market.”