KV Private Equity Acquires Northern Lite
KV Private Equity, based in Edmonton, Alberta, announced that it has acquired Northern Lite as it’s first investment. Located in Kelowna, British Columbia, Northern Lite manufactures high-end fiberglass truck campers, which are distributed throughout Canada and the U.S. via a well-established dealer network. Northern Lite is recognized for high standards of quality and workmanship, and the lightweight design of its products. “We are excited to have the opportunity to continue building this exceptional business. It is an honor that Mac Donkin (Northern Lite’s former owner) will continue with us as a director, and that his son Keith has agreed to join us as a shareholder, while also staying on as the general manager of Northern Lite,” said Jonathan Herman, COO of KV Private Equity. Mac Donkin stated, “Northern Lite has been very successful over the last 27 years, I know that the best days are in front of it and that the company is in great hands with Keith and KV.”