Posts made in 2016

Trivest Partners Completes Sale of Twin-Star International

Trivest Partners Completes Sale of Twin-Star International

MIAMI, FL – (April 25, 2016) Trivest Partners, L.P. (“Trivest”) announces the sale of Twin-Star International (“Twin-Star”), Inc. to Z Capital Partners, L.L.C., a global private equity firm. With this exit, Trivest has successfully divested its last portfolio company in Fund III. Twin-Star, headquartered in Delray Beach, FL, is a manufacturer of electric fireplaces, electric stoves and heaters, and other home furnishings. Through a continuous focus on designing high quality, aesthetically pleasing products at an attractive consumer value proposition, Twin-Star has achieved...

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Trivest Affiliate HandStands® Purchases Eagle One

Trivest Affiliate HandStands® Purchases Eagle One

DRAPER, UT – (April 29, 2016) HandStands, the market share leader in the domestic automobile air freshener segment, announced today that the company has acquired Eagle One from Niteo Products, LLC.  The Eagle One brand has been an automotive appearance pioneer for over 30 years offering a full line of technologically advanced washes, waxes, protectants and accessories designed for better performance, more shine and enduring protection. Chris Anderson, HandStands’ CEO, said, “We are thrilled to add this legendary car care brand to HandStands’ growing roster of automotive appearance and...

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Trivest Partners Completes Sale of Take 5 Oil Change

Trivest Partners Completes Sale of Take 5 Oil Change

MIAMI, FL – (March 30, 2016) Trivest Partners, L.P. (“Trivest”) today announced the sale of Take 5 Oil Change, Inc. (“Take 5” or the “Company”) to Roark Capital portfolio company Driven Brands, the nation’s leading franchise automotive company with more than 2,000 locations and $2.1 billion in system sales.  Take 5 represents the sixth exit event in Trivest Fund IV and is one of its most successful investments to date. Take 5, headquartered in New Orleans, is the fastest growing quick lube chain in the country, focused exclusively on oil changes and ancillary services, including windshield...

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Trivest Partners Completes Sale of North Star Seafood

Trivest Partners Completes Sale of North Star Seafood

MIAMI, FL – (February 25, 2016) Trivest Partners (“Trivest”) today announced the sale of North Star Seafood (“North Star” or the “Company”) to Sysco Corporation (NYSE: SYY), the world’s largest broadline food distributor with nearly $50 billion in annual sales.  North Star represents the first exit event in Trivest Fund V. North Star, based in Pompano Beach, FL, is one of the “Top 3” independent seafood distributors in the Southeastern United States.  The Company offers the most diverse assortment of high-quality fresh and frozen seafood in the State...

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Trivest 2016 Update Webinar

MIAMI, FL – (February 24, 2016) Trivest Partners (“Trivest”) recently held its annual update webinar.  Topics covered during the 45-minute presentation included: + “The Top 10 Things to Watch Out for from Private Equity Firms” + A brief update on Trivest’s record activity, including 18 new investments in 2015, and address how our firms can work together in 2016 + Trivest’s deal criteria: Founder/Family owned focus, industries of interest, size parameters, etc. + Real life examples of how Trivest’s company-first approach brings a highly differentiated and flexible approach to...

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