Northern Lite Manufacturing Ltd

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Northern Lite Manufacturing Ltd - overview

Established

1989

Location

-, BC-British Columbia, Canada

Primary Industry

Logistics & Distribution

About

Northern Lite Manufacturing Ltd specializes in the production of durable, lightweight, four-season truck campers that are built to endure various weather conditions, serving outdoor enthusiasts across North America. Founded in 1989, Northern Lite Manufacturing Ltd is based in Canada and is known for manufacturing high-quality truck campers. The company has undergone a significant transition, as in September 2022, it was acquired by TriWest Capital Partners, Roynat Equity Partners, and Export Development Canada from KV Private Equity. The acquisition aims to enhance the company's growth and increase its market share across North America.


Northern Lite Truck Campers focuses on developing and manufacturing lightweight, four-season truck campers. Their flagship product, the Northern Lite 610, is designed for half-ton domestic trucks, including Ford F-150, GMC/Chevy 1500, and RAM 1500. These campers are constructed with a two-piece fiberglass design for durability and insulation, appealing to outdoor enthusiasts and families seeking reliable shelter in diverse climates. In addition to the 610 model, the company offers various campers to meet a wide range of customer needs throughout North America, particularly in Canada and the U.


S. Northern Lite Truck Campers generates revenue primarily through direct consumer sales and partnerships with authorized dealers across North America. Customers often purchase campers via a dealer network, which provides consultations and financing options. Each camper's pricing reflects its features and market demand, bolstered by the strong reputation of the Northern Lite 610 as a flagship product.


With the acquisition completed on September 21, 2022, Northern Lite Manufacturing Ltd plans to leverage the resources from TriWest Capital Partners and others to expand its market presence in North America. The company aims to introduce new camper models, enhancing its product lineup to cater to evolving consumer preferences. The recent acquisition will facilitate these growth initiatives, focusing on increasing market share and exploring new geographic regions to reach more outdoor enthusiasts.


Current Investors

KV Private Equity

Primary Industry

Logistics & Distribution

Sub Industries

Trucking

Website

www.northern-lite.com

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Northern Lite Manufacturing Ltd - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Secondary BuyoutCompletedNorthern Lite Manufacturing Ltd-
BuyoutCompletedNorthern Lite Manufacturing Ltd-

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Northern Lite Manufacturing Ltd - employee data

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