Royal Camp management will retain material equity stakes in the business and continue in their existing roles upon completion of the transaction.
Jeff Belford, managing director at TriWest, said, “On behalf of TriWest, I would like to thank Daryl Rackel, president of Royal Camp, David Dawyd, CFO of Royal Camp, and the entire senior management team at Royal. We have enjoyed our six year relationship with the group at Royal Camp and wish them all the best in their new partnership with HKW!”
TriWest has raised over $775m in committed capital through four funds.
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