Case Study

Leadwin Doors

Location: Vancouver, BC
Industry: Construction Service and Supply

True North M&A Successfully Advised the Shareholders of Leadwin Doors on their Sale to a Partnership

For over 30 years, Leadwin Doors has been framing homes with pre-hung doors in a variety of styles and materials. Leadwin provides quality workmanship, expert knowledge and superior customer service for their clients across Canada.

  • True North M&A was engaged after a US M&A firm failed to sell Leadwin
  • Multiple offers within 3 months
  • Advised on sale of both Operating Business and real estate Hold Co

Leadwin Doors was a family business built from the vision of two brothers, and thrived in the suburbs of Vancouver, BC. Leadwin was initially lured into an engagement with a US M&A firm which promised immediate results and a competitive multiple. When there was little to no action in the months and years following, leading to the end of the contract with no activity , Leadwin was feeling very doubtful about their decision to sell. With a loss in confidence, Leadwin hesitantly took a meeting with True North. After listening to True North’s sales process, proven track record, and commitment to being “hands on” from contract to post close, Leadwin was able to rekindle their vision of retirement.

True North acted quickly and within a few months they had targeted enough prospective buyers to create a bidding process with multiple offers. True North assisted in the negotiations with the chosen buyer, and firmed up details in favor of the seller. The buyer not only ended up purchasing the business, but also the real estate, which was a great benefit to Leadwin.

We thank Leadwin Doors for their trust in choosing True North to represent them.


During this process we realized that selling your business can be very complex, complicated and difficult without a partner/Advisor like True North to assist, educate and facilitate. We highly value their expertise and the professional manner in which they conducted themselves throughout the whole process of selling our business.

B. Bates

Former Construction Wholesale Business Owner, Langley B.C.