Element5
ELEMENT5 specializes in the design, fabrication, and assembly of modern timber buildings.
Element5
ELEMENT5 specializes in the design, fabrication, and assembly of modern timber buildings.
TL;DR
What they do: Mass timber manufacturer specializing in design, fabrication and assembly of cross‑laminated timber (CLT) and glued laminated timber (Glulam).
Founded / locations: Founded 2015; offices in Toronto and a manufacturing plant in St. Thomas, Ontario.
Scale: Approximately 350 employees; factory described as fully automated with stated CLT/Glulam capacity (50,000 m³/year reported).
Strategic investor: HASSLACHER Group acquired a stake via a strategic equity investment; Kensington Capital Partners named as private equity investment partner.
Public support for expansion: Province of Ontario provided $3.46M (announced 2024-07-30) and Invest Ontario provided $8M toward a plant expansion (announced 2025-09-17).
Company Overview
Problem Domain
Mass timber design, fabrication and assembly for modern engineered timber buildings.
Founded
2015
Industry
Mass timber manufacturing
Tech Stack
Funding Track Record
$3.46M
Province of Ontario investment to support expansion of Element5's St. Thomas operations.
$8M
Invest Ontario funding toward Element5's $107M facility expansion in St. Thomas, Ontario.
HASSLACHER Group acquired a stake in Element5; Kensington Capital Partners referenced as Element5's private equity investment partner in connection with the transaction.
Investor Signal
“Element5 has received a strategic equity investment from the HASSLACHER Group with Kensington Capital Partners named as its private equity investment partner; the company has also received government expansion funding from the Province of Ontario (including Invest Ontario).”