North West Rubber acquired by TorQuest Partners
NWR has three manufacturing sites in Abbotsford, BC, Brantford, ON, and Houston, TX, as well as a tire-recycling joint venture, Evolve Recycling Inc., also in Brantford, ON, and a number of key manufacturing alliances in Asia.
North West Rubber is a leading manufacturer and distributor of recycled and virgin rubber matting and other flooring materials for consumer, farm, athletic facility, and industrial applications.
TorQuest Partners is a private equity fund manager based in Canada. TorQuest is currently investing from TorQuest Partners Fund V, a C$1.375 million fund that closed in March 2020, with more than CA$3 billion in equity money under management.