Posts made in 2007

Trivest Affiliate Allegiance Security Group, LLC Acquires Southern Research Corporation

Trivest Affiliate Allegiance Security Group, LLC Acquires Southern Research Corporation

MIAMI, FL – (October 1, 2007) Trivest Partners, L.P.  (“Trivest”) today announced that its affiliate, Allegiance Security Group, LLC (“Allegiance”), has acquired Southern Research Corporation (“SRC” or the “Company”).  SRC, located in Shreveport, Louisiana, is a leading provider of manned security services in the Gulf Coast region of the United States.  Trivest acquired SRC from the Company’s founder, Thomas Ostendorff III. SRC provides manned security and patrol services throughout Louisiana, Arkansas and Texas.  The Company’s services are tailored to meet the demands of industrial and...

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Trivest Partners, L.P. Acquires Twin-Star International, Inc.

Trivest Partners, L.P. Acquires Twin-Star International, Inc.

MIAMI, FL – (April 30, 2007) Trivest Partners, L.P. (“Trivest”) today announced that it has acquired a majority stake in Twin-Star International, Inc. (“Twin-Star” or the “Company”), a rapidly growing consumer products company headquartered in Delray Beach, Florida.  Trivest acquired the majority stake from Twin-Star’s founders Mark Asofsky and Michael D.  Horvitz who are maintaining a significant ownership interest in the Company and will continue to lead Twin-Star’s daily operations.  The Twin-Star transaction represents Trivest’s third platform investment over the past six months. With...

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Trivest Partners, L.P.  Acquires Allegiance Security Group, LLC

Trivest Partners, L.P.  Acquires Allegiance Security Group, LLC

MIAMI, FL – (April 2, 2007) Trivest Partners, L.P.  (“Trivest”) today announced that it has completed the acquisition of Allegiance Security Group (“Allegiance” or the “Company”), one of the fastest growing security guard services firms in the Southeastern United States.  Trivest acquired the Company from Allegiance’s founder and CEO, Stephen Levine. Founded in 1991, the Company has grown from a single office in Fort Myers, Florida to an organization that operates from 11 offices across six states with over 1,000 security guards.  Allegiance offers a range of security services for a diverse...

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Trivest Announces Promotion Of Forest Wester To Principal

Trivest Announces Promotion Of Forest Wester To Principal

MIAMI, FL — (January 3, 2007) The Partners of Trivest Partners, L.P.  (“Trivest”), Earl Powell, Troy Templeton, Jamie Elias and Chip Vandenberg, are pleased to announce that Forest Wester has been promoted to Principal effective January 1, 2007. Forest joined Trivest as an associate in 2005 after receiving his MBA from Harvard Business School.  He obtained his undergraduate degree from Dartmouth College and joined Lehman Brothers’ Private Equity Group before attending graduate school.  Forest also completed a summer internship with Microsoft’s Corporate Strategy Group while attending...

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