Goldner Hawn Portfolio Company Trystar Completes Acquisition of Total Plant Management Group
Trystar, a Goldner Hawn portfolio company, recently acquired Total Plant Management Group (“TPMG”). The acquisition of TPMG adds prefabricated buildings, control panels, metering skids, and modular electrical substations to its portfolio of power cable, power distribution, and test products.
Located in Houston, Texas, TPMG designs, manufactures, and integrates both blast rated, and non-blast rated custom prefabricated steel buildings to protect workers and critical equipment including switchgear, electrical power distribution equipment, and automation and control equipment. These remote buildings serve as transportable control centers and substations and can be configured in any size and in multiple stories. In contrast to conventional permanent buildings and enclosures, they are more flexible, accommodating a wider variety of applications. Further, the modular design offers scalability when a site may need to change its electrical power and controls over time. TPMG is a one-stop shop for engineering, design, fabrication, integration, testing, and commissioning of its control panels and buildings.
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 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.