Trilantic North America Mergers and Acquisitions Summary

Private Equity Firm Profile

In the last 3 years, Trilantic North America has acquired 11 companies. It has also invested in 4 others.

Trilantic North America’s most common sectors for investment areoil/gas exploration (24%) and consumer products (16%) . The Firm’s most common investment types include buyout (lbo, mbo, mbi) (27%) and growth capital (20%). In total, Trilantic North America has invested in 18 US states and 2 different countries. Its largest (disclosed) acquisition occurred in 2011 when it acquired TLP Energy for $350M.

In the last 3 years, Trilantic North America has exited 4 companies. The Firm’s most common exit type is trade sale (45%). Trilantic North America’s largest (disclosed) exit occurred in 2021 when it sold Indigo Natural Resources for $2.7B.

Join Mergr to view Trilantic North America’s full profile and discover more mega-sized private equity firms just like it.

M&A Summary

  • M&A Total Activity66
    • M&A Buy Activity46
    • M&A Sell Activity20
  • Total Sectors Invested 20
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 29
  • M&A Advisors 8

Trilantic North America

399 Park Avenue, 39th Floor,
New York, New York 10022
United States
(212) 607-8450
www.trilanticnorthamerica.com

Trilantic North America is a mega-sized private equity firm focused on opportunities throughout North America. Trilantic generally invests in large businesses with 'strong market positions, unique franchises, secure and growing market niches or distinctive products and services that command premium prices'. Sectors of interest include business services, consumer, energy, and financial services. The Firm's target investment size is $50 to $300 million in companies valued up to $1 billion. Transaction situations of interest include management buyouts, recapitalizations, growth capital financings, divestitures, new platforms, and generational transfers. Trilantic North America was formed in 2009 through the spin-off of Lehman Brothers' private equity business. The Firm is based in New York City.


Investment Criteria

Sectors of Interest: Beverages, Building Materials, Business Services, Consumer Products, Consumer Services, Distribution, Electrical Equipment, Energy Services and Equipment, Financial Services, Food, Gaming, Healthcare Services, Insurance, Media, Oil/Gas Exploration, Publishing, Restaurants, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Divestiture, Growth Capital, Recapitalization, Stake Purchase

Geographic Preferences: East US, Midwest US, South US, West US, Canada

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 50 300
Enterprise Value 50 1,000
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (3.8/yr) # 27 4 3 1 2 9 46
vol $1.1B $82M $1.2B
Sell (1.4/yr) # 13 3 1 1 1 1 20
vol $1.4B $475M $2.7B $4.6B
  66

Most Recent M&A

Company Date Value Type
Indigo Natural Resources LLC 2021-06-02 2.7B USD Add-on Acquisition
Houston, Texas · www.ndgo.com
3D Systems Corp. - On Demand Manufacturing Business 2021-06-01 82M USD Divestiture
Lawrenceburg, Tennessee
RoadSafe Traffic Systems, Inc. 2021-04-12 - Secondary Buyout
Bensalem, Pennsylvania · www.roadsafetraffic.com
U.S. Nursing Corp. 2021-02-24 - Divestiture
Greenwood Village, Colorado · www.usnursing.com
Fastaff Travel Nursing, LLC 2021-02-24 - Divestiture
Greenwood Village, Colorado · www.fastaff.com
Trustaff 2021-02-08 - Buyout (LBO, MBO, MBI)
Cincinnati, Ohio · www.trustaff.com
CardioSolution 2021-02-08 - Buyout (LBO, MBO, MBI)
Cincinnati, Ohio · www.cardiosolution.com
Stella.ai, Inc. 2021-02-08 - Buyout (LBO, MBO, MBI)
New York, New York · www.stella.jobs
Tercera 2021-01-28 - Consolidation
Boston, Massachusetts · www.tercera.io
Orva 2021-01-13 - Stake Purchase
New York, New York · www.orva.com
View All >>

Portfolio M&A

Company Acquired Add-On/Sale Date #
DJR Energy LLC 2017-04-01 Encana Corp. - San Juan Basin Assets 2018-10-01 1
Denver, Colorado · www.djrllc.com Calgary, Alberta

M&A by Sector

Sector Current # Value All-time # Value
Oil/Gas Exploration 4 (17%) - 11 (24%) 610M (53%)
Consumer Products 1 (4%) - 7 (15%) 255M (22%)
Staffing 4 (17%) - 5 (11%) -
Business Services 2 (9%) - 3 (7%) 210M (18%)
E-Commerce 2 (9%) - 2 (4%) -
Electrical Equipment 1 (4%) - 2 (4%) -
Food 1 (4%) - 2 (4%) -
Franchising 1 (4%) - 2 (4%) -
Manufacturing 1 (4%) 82M (100%) 1 (2%) 82M (7%)
Apparel/Textiles - - 1 (2%) -
Building Materials - - 1 (2%) -
Construction - - 1 (2%) -
Consumer Services 1 (4%) - 1 (2%) -
Environmental 1 (4%) - 1 (2%) -
Healthcare Services 1 (4%) - 1 (2%) -
Insurance - - 1 (2%) -
Leisure 1 (4%) - 1 (2%) -
Safety/Security 1 (4%) - 1 (2%) -
Software 1 (4%) - 1 (2%) -
Transportation - - 1 (2%) -
Total 23 $82M 46 $1.2B

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 21 (91%) 82M (100%) 44 (96%) 1.2B (100%)
  Texas 5 (22%) - 9 (20%) -
  Colorado 4 (17%) - 7 (15%) 260M (22%)
  New York 3 (13%) - 5 (11%) -
  Ohio 2 (9%) - 2 (4%) -
  Massachusetts 2 (9%) - 2 (4%) -
  Tennessee 1 (4%) 82M (100%) 2 (4%) 337M (29%)
  Pennsylvania 1 (4%) - 2 (4%) -
  Connecticut 1 (4%) - 2 (4%) -
  Oklahoma - - 2 (4%) 350M (30%)
  Illinois - - 2 (4%) -
  California - - 2 (4%) -
  New Hampshire 1 (4%) - 1 (2%) -
  Maine 1 (4%) - 1 (2%) -
  Georgia - - 1 (2%) 210M (18%)
  Utah - - 1 (2%) -
  South Carolina - - 1 (2%) -
  North Carolina - - 1 (2%) -
  Minnesota - - 1 (2%) -
Canada 2 (9%) - 2 (4%) -
  Manitoba 1 (4%) - 1 (2%) -
  Alberta 1 (4%) - 1 (2%) -
Domestic 21 (91%) 82M (100%) 44 (96%) 1.2B (100%)
Cross-border 2 (9%) - 2 (4%) -
Total 23 $82M 46 $1.2B

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 6 (26%) - 12 (26%) 350M (30%)
Growth Capital 5 (22%) - 9 (20%) 260M (22%)
Stake Purchase 3 (13%) - 9 (20%) -
Secondary Buyout 4 (17%) - 7 (15%) 255M (22%)
Divestiture 3 (13%) 82M (100%) 3 (7%) 82M (7%)
Recapitalization - - 2 (4%) -
Going Private - - 1 (2%) 210M (18%)
Consolidation 1 (4%) - 1 (2%) -
Joint Venture - - 1 (2%) -
Venture 1 (4%) - 1 (2%) -
Total 23 $82M 46 $1.2B

Exits by Deal Type

Type Total # Value
Secondary Sale 6 (30%) 135M (3%)
Trade Sale 5 (25%) 655M (14%)
Trade Sale - Public Company 4 (20%) 3.8B (83%)
Bankruptcy 2 (10%) -
IPO 2 (10%) -
Stake Sale 1 (5%) -
Total 20 $4.6B

Top M&A Advisors

Financial Deals
Harris Williams & Co.
1
Lincoln International
1
Robert W. Baird & Co., Inc.
1
Legal Deals
Kirkland & Ellis LLP
12
Latham & Watkins
2
Gibson, Dunn & Crutcher LLP
1

Deal Values

buy # Total
$100M to $1B 4 $1.1B
< $100M 1 $82M
TOTAL $1.2B
Largest TLP Energy LLC
$350M (2011-03-01)
sell # Total
> $1B 1 $2.7B
$100M to $1B 4 $1.9B
TOTAL $4.6B
Largest Indigo Natural Resources LLC
$2.7B (2021-06-02)

M&A Connections

Deals
Acquired from
Investor(s)
20%
9 (20%)
Strategic(s)
7%
3 (7%)
Exited to
Investor(s)
40%
8 (40%)
Strategic(s)
45%
9 (45%)

 Subscribe to unlock this and 169,252
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.2K Private Equity Firms
  • 159K M&A Transactions
  • 165K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.3K M&A Advisors
    (Investment Banks and Law Firms)
  • 57K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.