TriWest Capital Partners Announce Two New Managing Directors

CALGARY, May 12 /CNW/ - The principals of TriWest Capital Partners are pleased to announce the hiring of two new Managing Directors who will become principals in the firm.

Michael (Mick) MacBean was formerly the CEO of Diamond Energy Services, a company he founded in 1996. Prior to that, Mick was employed by ARC Financial Corporation in a variety of disciplines including merchant banking and private equity. Mick currently serves as a director of a number of private and public companies. Mick brings significant operational experience to TriWest with expertise in M&A, finance and governance. Mick has a Bachelor of Commerce degree from the University of Saskatchewan and is a Chartered Accountant and Chartered Director.

Norm Rokosh was formerly the CEO of several companies headquartered in Western Canada, the United Kingdom, and the United States. Norm is a seasoned executive with extensive experience in both public and private industrial and service companies. He has a strong financial background coupled with successful operations experience, both in Canada and internationally. Norm holds an Engineering degree from the University of British Columbia and an MBA from the London Business School.

Founded in 1998, TriWest is one of Canada's leading private equity firms with over $425 million of committed capital. We are entrepreneurial, independent and based in Western Canada.

TriWest makes significant equity investments in profitable mid-sized Canadian companies in partnership with existing management teams and seeks to generate superior financial returns through the pursuit of growth opportunities and a focus on operational excellence.

Through our three funds, TriWest has successfully participated in management buy-outs, growth financings, corporate divestitures and other special situations involving successful companies in transition. We will pursue opportunities in a broad range of industries particularly in the service, manufacturing and distribution sectors.

TriWest provides more than just capital. The principals of TriWest have significant operational and financial expertise, making us effective partners in creating shareholder value.

SOURCE TriWest Capital

For further information: For further information: Jeff Belford, Managing Director, Cody Church, Managing Director, Lorne Jacobson, Managing Director, Mick MacBean, Managing Director, Norm Rokosh, Managing Director, TriWest Capital Partners, (403) 225-1144, www.triwest.ca

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