KV Capital is thrilled to announce Nelson Lumber, the inaugural investment in KV Private Equity Fund III LP, is expanding operations to serve the Calgary market and surrounding areas. This move follows the firm’s partnership announcement in May alongside ATB Private Equity, BDC Capital, and Nelson Lumber’s current shareholders, marking a significant milestone in Nelson Lumber’s growth strategy.
Nelson Lumber, a leading Alberta-based supplier of commercial and residential building supplies and manufacturer of ready-to-move and prefabricated homes, will be extending its capabilities to better meet the needs of customers in the fast-growing Calgary region. The expansion is part of Nelson Lumber’s growth strategy to improve customer experience, boost operational efficiency, and move into new markets.
“We are excited to bring Nelson Lumber’s 75-year legacy of quality products and trusted service to the Calgary area,” said Jason Pehl, President of Nelson Lumber. “This expansion, enabled by our partnership with KV Capital, will allow us to provide enhanced support to the thriving building and construction activity in and around Calgary.”
The Calgary expansion marks a significant step in KV Capital’s building products private equity strategy, launched with the investment in Nelson Lumber through KV Private Equity Fund III. It advances KV Capital’s mission to identify and nurture high-potential companies that support real estate development in key markets of operation.
“Nelson Lumber’s expansion into the Calgary market is exactly the kind of strategic growth we envisioned when we partnered with the company in May,” said Aleem Virani, CEO of KV Capital. “We look forward to continuing to support Nelson Lumber as they scale up to serve more customers in more markets with their industry-leading products and services.”
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KV Capital remains committed to identifying and nurturing investment and growth prospects within the building products industry. To explore collaboration opportunities, please reach out to @Andrew O’Dell directly, or contact us via email at info@kvcapital.ca or by phone at (780) 433-1222.
