Building the foundation to grow a Canadian
modular home leader
Pro-Fab Group Inc. (Pro-Fab) is a leading manufacturer and distributor of high-quality modular homes in eastern Canada and the northeastern United States. Pro-Fab has built a strong reputation and brand over the last 20 years and a leading market share in the modular home market in Quebec.
Pro-Fab offers over 200 home models and is fully integrated with a complete range of sales, design, manufacturing and construction capabilities. The company has a direct distribution model, selling directly to customers through its sales sites. Pro-Fab has strong brand recognition, with a reputation for superior quality and service.
Pro-Fab’s non-active shareholders were seeking liquidity and management wanted a financial partner that could not only provide growth capital, but also help execute on its strategic growth plan. Wynnchurch partnered with the management team to acquire Pro-Fab.
Pro-Fab represented an attractive opportunity to invest in a market leader with an innovative business model and create a strong platform for a national, fully integrated manufacturer of high-quality modular homes. The company’s modular homes offer a strong value proposition with faster lead times and superior quality and will allow Pro-Fab to capitalize on the expected long-term improvement in the housing market.
Wynnchurch and the Pro-Fab management team are building upon the company’s strong track record by pursuing organic growth initiatives to increase market share in its existing geographies, seeking add-on investments in new geographies (such as Ontario, Alberta, The Maritimes and the northeastern U.S.) and growing the company’s direct distribution business model.