Keep It Local, Eh

Trace the store back to who actually owns it — before you decide where your money goes.

Spence Diamonds

5.0

Jewellery & Accessories

Vancouver diamond house founded in 1978, known for open showrooms with 2,500+ ring designs and made-to-order engagement rings handmade at its own Vancouver studio. UK private equity firm Lion Capital owned it from 2015; Calgary's TriWest Capital Partners bought a majority stake in July 2025, returning it to Canadian ownership.

Ownership

Parent company

TriWest Capital Partners (Spence Diamonds)

Nationality

Canadian — majority owned since July 2025 by TriWest Capital Partners (Calgary private equity) alongside management (CEO Callum Beveridge). Previous UK owner Lion Capital and Ivest no longer hold any stake.

Voting control

100% Canadian (estimated)

Operating model

corporate

Manufacturing

90% Canadian-made

Last verified

2026-10-08

Sources

https://www.jckonline.com/editorial-article/spence-diamonds-private-equity/
https://en.wikipedia.org/wiki/Spence_Diamonds
https://spencediamonds.com/spence-made-to-order-ring-process/
https://www.scrapmonster.com/company/spence-diamonds/50259