Grey Mountain Partners Has Sold Sunbelt Transformer to Trilantic North America
BOULDER, Colo.--(BUSINESS WIRE)--Jun 8, 2018--Grey Mountain Partners (“Grey Mountain”) has sold Sunbelt Transformer (“Sunbelt” or the “Company”) to Trilantic North America (“Trilantic”). Grey Mountain partnered with the Company in December 2014 with the goals of expanding the product and service offering and leveraging Sunbelt’s unique value proposition in order to provide world-class service to new customers. We are grateful for the opportunity to have worked with this incredibly talented and dedicated management team and the Company’s 150+ employees. Robert W. Baird & Co. served as exclusive financial advisor to Sunbelt and Grey Mountain in the transaction.
About Sunbelt Transformer
Sunbelt Transformer, based in Sharon, Pennsylvania and Temple, Texas, is a leading provider of critical electrical power solutions (e.g., transformers, switchgear, circuit breakers, etc.) and related repair and field services. Operating from ten locations across the United States, Sunbelt is recognized as the premier national brand in providing mission critical, customized and turnkey electrical solutions for commercial, industrial and utility customers in the US and internationally. Since 1981, Sunbelt has invested in developing a talented group of employees while adding to its unique capabilities organically and through acquisitions, building a comprehensive set of solutions across the entire spectrum of electrical and power requirements, delivered through a state-of-the-art technology backbone resulting in superior service and associated logistics.
For more information, please visit www.sunbeltusa.com.
About Grey Mountain Partners
Grey Mountain Partners is a Boulder, Colorado-based private equity firm that focuses on partnering with management to create lasting value through operational improvements and strategic growth initiatives. Since 2003 Grey Mountain has focused on the small end of the middle-market, investing in more than 40 companies across a wide range of industries. The firm is currently investing its $425 million Fund III and is actively pursuing new investment opportunities. For additional details on the transaction, to discuss new investment opportunities or to learn about Grey Mountain’s Executive Sponsorship Program, contact Ben Ault in Minneapolis or Dan Allen in Pittsburgh.
For more information about Grey Mountain Partners, please visit www.greymountain.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180608005117/en/
CONTACT: Grey Mountain Partners
KEYWORD: UNITED STATES NORTH AMERICA COLORADO
INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Grey Mountain Partners
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PUB: 06/08/2018 01:23 PM/DISC: 06/08/2018 01:23 PM