Trivest
Limited Partnership | |
Industry | Private Equity |
Founded | 1981 |
Headquarters | Miami, Florida, United States |
Products | Private equity funds, Leveraged buyout |
Total assets | $1 billion |
Number of employees | 20 |
Website | www.trivest.com |
Trivest Partners, L.P. is the oldest private equity firm in the Southeast U.S., founded in 1981, and headquartered in Miami, Florida. Trivest has positioned itself as the Partner of Choice among founder and family-owned businesses in the lower middle market through its flexibility in transaction structuring and related Just Say No program. The firm focuses specifically on investments in the consumer, business services, distribution and niche manufacturing industries.
Overview
The Trivest team is led by Managing Partner Troy D. Templeton. Troy joined the firm in 1989 and plays a key leadership role in Trivest's buyout activities, investment sourcing, resource allocation, portfolio oversight and firm administration. Greg Baty, Jamie Elias, Jorge Gross, Chip Vandenberg, Forest Wester, Russ Wilson and David Gershman are also Partners of Trivest.
Trivest was an early entrant to the leveraged buyout space in the early 1980s and has completed investments in over 200 companies representing over $5.0 billion in value since its founding. Since its inception in 1981, Trivest has raised five institutional private equity funds, with total investor commitments of nearly $1.5 billion, dedicated to leveraged buyout investments in founder- and family-owned middle market companies. Trivest is currently actively investing from Trivest Fund V, raised in April 2013 with commitments of $415 million.
Among the firm’s most notable current and prior investments are IDMWORKS, AM Conservation, Ellery Homestyles, Endeavor Telecom, Group III International, Hazmasters, National Auto Care, Onepath Systems, Pelican Water Systems, Ryko Systems, SR Sales, Take 5 Oil Change, Wise Company, HandStands, North Star Seafood, ATX Networks, Directed Electronics, Twinstar International, Herbal Magic, Aero Products International (makers of the Aero Bed) and Sun Pharmaceuticals (Banana Boat brand).
See also
Notes
References
- Company News; Manitowoc Agrees To Acquire Shannon Group. New York Times, September 2, 1995
- Company News;Manitowoc Withdraws Bid For Shannon Group. New York Times, October 12, 1995
- Company News; Winsloew Agrees To $245.9 Million Buyout By Trivest. New York Times, April 1, 1999
- Company News; Winsloew Furniture Approves Buyout Offer. New York Times, May 6, 1999
- Green, Leslie (2000-12-18). "Trivest Expands Atlantis Plastics". BuyOuts.
- Trivest Partners Acquires ATX Network Inc. August 26, 2008
External links
- Trivest (company website)