Trystar Completes the Acquisitions of Macromatic and Primax Technologies

Trystar, a Goldner Hawn portfolio company, recently completed the purchases of Macromatic and Primax Technologies (“Primax”). Both acquisitions further enhance Trystar’s product and service offering, while expanding its market reach and customer base.

Headquartered in Waukesha, WI, and founded in 1975, Macromatic is a manufacturer of high-quality control, timing, and condition-sensing electronic relays which allow for continuous monitoring, real-time alerts, and intelligent troubleshooting in a smart, connected control system. Macromatic serves several markets, including aviation, elevators and lifts, food and beverage packaging, HVAC, irrigation, material handling, packaging, pump and motor control, and water/wastewater.

Headquartered in Pointe-Claire, Quebec, and founded in 1993, Primax is a manufacturer of high-quality AC and DC power backup and charging solutions. Primax’s products serve critical operations across several markets, including utilities, hospitals, data centers, emergency facilities, telecommunications systems, financial service providers, water/wastewater treatment facilities, and some continuous process operations.

About Trystar
Headquartered in Faribault, Minnesota, and founded in 1991, Trystar is a provider of high-performance electrical power solutions for a diverse range of mission-critical end markets serving data centers, education, healthcare, industrial, and public sectors, amongst others. Its product categories include power distribution, power conversion, testing and monitoring, and load balancing. Trystar maintains seven production facilities in Minnesota, Michigan, New Hampshire, Tennessee, Texas, Wisconsin and Quebec 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 seeks to back management teams of businesses with $5 million to $20 million of EBITDA in industries including specialty manufacturing, value-added distribution, and business and consumer 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.