NCP Capital Partners acquires a majority stake in WR Transformers Inc.
by NCP Capital Partners
WR Transfo is a manufacturing company located in Quebec that designs and manufactures electrical transformers.
QUEBEC CITY — NCP Capital Partners (NCP) has formed NCP Electrical Power LP to acquire a majority stake in the manufacturer WR Transformers Inc. (WR Transfo).
In collaboration with its clients and partners, NCP was able to complete this transaction. NCP will team up with WR Transfo’s management to support the growth of this manufacturer and to tackle new markets in order to allow WR Transfo to become a North American leader in the electrical power transformation.
“We are very pleased to have concluded this transaction in collaboration with WR Transfo’s management and its president Christian Roberge,” said Mario Jacob, Head of Private Investments, NCP. “The electrification of our economy has led us at NCP to take an interest in high-performance manufacturers in this sector. We are now forming a team with WR Transfo that is motivated to implement and execute a growth strategy that will allow the company to add products and services and attack new markets to become a leader in energy transformation.”
WR Transfo is a manufacturing company located in Saint-Alphonse-de-Granby (Quebec) that designs and manufactures electrical transformers for customers located throughout North America. These transformers have the characteristics of being air-cooled instead of oil-cooled, which makes them safer and more environmentally friendly.
“This is an important milestone for our business as we continue to grow. It became essential to have strategic partners like NCP in order to be able to put in place the business processes and to have all the necessary resources to carry out our growth plan while maintaining the same dynamic team that has served our customers and partners well for more than 15 years,” said Christian Roberge, president and shareholder of WR Transfo.
