Goldner Hawn Portfolio Company Trystar Acquires Oztek Corporation
Trystar, a Goldner Hawn portfolio company, recently purchased Oztek Corporation (“Oztek”). The acquisition is expected to accelerate Trystar’s strategy and broaden its electric power solutions portfolio and strengthen its renewable energy capabilities and battery energy storage systems.
Headquartered in Merrimack, NH, and founded in 1997, Oztek products include battery inverters and energy storage power conversion systems, bi-directional DC power supplies, printed circuit power supplies for motor drives and inverters, as well as silicon-controlled rectifiers and firing boards.
Headquartered in Faribault, Minnesota, and founded in 1991, Trystar designs and manufactures a wide range of portable and industrial power products. They also manufacture single and dual-purpose generator docking stations, load bank and rotary docking stations, and switchboards. Trystar’s cable products include portable and industrial power cables, welding cables, utility cables, and medium voltage cables. Trystar serves diverse end markets including data centers, education, healthcare, industrial, and public sectors, amongst others. Trystar maintains three production facilities in Minnesota, Michigan, and Texas and has a reputation of delivering custom solutions with industry-leading technology and quality. For more information about Trystar, please visit 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 over 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 100 platform and add-on investments in companies with total transaction values exceeding $4 billion. For more information, call 612-338-5912 or visit goldnerhawn.com.