Goldner Hawn Portfolio Company Trystar Completes Acquisition of Load Banks Direct
Trystar, a Goldner Hawn portfolio company, recently acquired Load Banks Direct. Located in Covington, Kentucky, Load Banks Direct is a leading manufacturer of high capacity load banks used for full power load testing of emergency power systems.
The acquisition will complement Trystar’s market position as a major supplier of portable and permanent power solutions for a broad range of customers including utilities, mission critical facilities, events, disaster recovery operations and many others. This new relationship will harness the extensive technical knowledge of both organizations to create new products and solutions for new and existing customers.
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 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.