Goldner Hawn Portfolio Company Trystar Completes Acquisition of Controlled Power Company
Trystar, a Goldner Hawn portfolio company, recently acquired Controlled Power Company (“CPC”). Located in Troy, Michigan and founded in 1968, CPC is a manufacturer of commercial, industrial, and medical-grade electrical power quality solutions.
The CPC acquisition will expand Trystar’s portable and permanent power distribution offerings to include power inverters for emergency lighting, high efficiency transformers, power conditioning, and battery backup (uninterruptible power) equipment for sensitive electronics and critical applications. It also adds industrial DC power (rectifier) solutions to its product portfolio. These solutions are used in a variety of markets and applications like commercial buildings, data centers, medical equipment, and metal finishing (e-coating). The acquisition brings new markets, customers, and applications to Trystar.
Headquartered in Faribault, Minnesota, 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 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 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 90 platform and add-on investments in companies with total transaction values approaching $4 billion. For more information, call 612-338-5912 or visit goldnerhawn.com.