Goldner Hawn Forms Partnership with Trystar
Goldner Hawn, LP (“Golder Hawn”) announced the recapitalization of Trystar, LLC (“Trystar”) in partnership with the Company’s management. Based in Faribault, MN, Trystar is a niche manufacturer offering temporary electrical power distribution products for the large and growing power rental, industrial, commercial utility and emergency back-up markets that are experiencing secular growth stemming from increasing mobile power utilization, an aging grid, and the growing impact of natural disasters. The Company’s reputation has been built on a foundation of enviable corporate culture, the adherence to quality and innovation, and a commitment to delivering critical path solutions to its customers.
“We are thrilled to bring the combination of our capital and resources to support the next chapter of Trystar’s success. The legacy of Trystar’s relationship with employees, customers and suppliers nurtured over the past three decades is a powerful combination which will continue under our partnership with Trystar management,” said Tim Johnson, Partner, Goldner Hawn.
Led by Rick, Pam and Chris Dahl, Trystar has experienced tremendous growth since inception through product innovation and a relentless adherence to being a quality leader. Since its beginnings as a manufacturer of custom power and welding cables, Trystar has broaden its breadth and depth of solutions to become a leader in industrial cables, temporary power distribution products, generator docking stations and transformers.
“Goldner Hawn’s shared vision for Trystar coupled with their focus on partnership differentiated them in the marketplace,” added Rick Dahl, Trystar CEO, “The entire Trystar team is excited to have Goldner Hawn as a partner to help the Company continue its growth.”
Headquartered in Faribault, Minnesota, Trystar is a market leading manufacturer of temporary electrical power distribution products serving diverse end markets including public sector, education, healthcare, data centers, and industrial, amongst others. Founded in 1991, Trystar has a reputation of delivering custom solutions with industry leading technology and quality. For more information about Trystar, please visit www.trystar.com.
About Goldner Hawn
Goldner Hawn was founded in 1989 in Minneapolis, Minnesota and has been a source of private capital to leading lower middle market companies for the past 30 years. With an investment philosophy centered on the principle of partnership, Goldner Hawn is looking to back management teams of businesses with $5 million to $20 million of EBITDA in industries including industrial manufacturing, value-added distribution, consumer products and services, and outsourced business services. Goldner Hawn has made over 40 platform investments in companies with total transaction values approaching $3 billion. For more information, call 612-338-5912 or visit goldnerhawn.com.