TRP Capital Partners Mergers and Acquisitions Summary

Private Equity Firm Profile

TRP Capital Partners’ most common sectors for investment aretransportation (32%) and automotive (19%) . The Firm’s most common investment types include secondary buyout (38%) and buyout (lbo, mbo, mbi) (25%). In total, TRP Capital Partners has invested in 8 US states and 2 different countries. Its largest (disclosed) acquisition occurred in 2004 when it acquired Autocam for $390M.

In the last 3 years, TRP Capital Partners has exited 2 companies. The Firm’s most common exit type is trade sale (34%). TRP Capital Partners’ largest (disclosed) exit occurred in 2018 when it sold 4Refuel Canada for $260M.

Join Mergr to view TRP Capital Partners’ full profile and discover more middle-market private equity firm investors just like it.

M&A Summary

  • M&A Total Activity27
    • M&A Buy Activity16
    • M&A Sell Activity11
  • Total Sectors Invested 10
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 9

TRP Capital Partners

380 N Old Woodward Avenue, Suite 205,
Birmingham, Michigan 48009
United States
(248) 648-2101
www.trpfund.com
dave.mitchell@trpfund.com

TRP Capital Partners is a private investment firm focused on opportunities within the transportation industry. Specific areas of interest include auto dealerships, education/training, outsourced services, niche manufacturing, environmental, and distribution/logistics. The Firm prefers to control situations and targets companies valued from $25 to $250 million. TRP Capital Partners was formed in 1997 and is based in Birmingham, Michigan.


Investment Criteria

Sectors of Interest: Automotive, Business Services, Communications, Consumer Services, Distribution, Education, Energy Services and Equipment, Environmental, Insurance, Manufacturing, Marine, Metals/Mining, Retail, Software, Staffing, Transportation

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Recapitalization, Secondary Buyout

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

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size - -
Enterprise Value 25 250
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 16 - - - - - 16
vol $390M $390M
Sell (0.4/yr) # 10 - 1 - 1 - 12
vol $260M $260M
  28

Most Recent M&A

Company Date Value Type
Quality Liaison Services 2023-09-26 - Recapitalization
Hendersonville, Tennessee · www.qlsquality.com
Versant Supply Chain, Inc. 2019-08-27 - Trade Sale
Memphis, Tennessee · www.versantsc.com
Flex Fleet Rental 2019-02-11 - Growth Capital
Salt Lake City, Utah · www.flexfleetrental.com
4Refuel Canada LP 2018-12-10 260M USD Trade Sale
Langley, British Columbia · www.4refuel.com
CarLotz, Inc. 2017-09-19 - Growth Capital
Richmond, Virginia · www.carlotz.com
United Road Services, Inc. 2017-09-05 - Secondary Sale
Romulus, Michigan · www.unitedroad.com
Quality Liaison Services 2016-01-01 - Buyout (LBO, MBO, MBI)
Hendersonville, Tennessee · www.qlsquality.com
Endurance Warranty Services LLC 2015-06-07 - Buyout (LBO, MBO, MBI)
Northbrook, Illinois · www.endurancewarranty.com
Smith System Driver Improvement Institute, Inc. 2014-06-09 - Secondary Sale
Arlington, Texas · www.drivedifferent.com
SunTek Holding Co, Inc. 2014-03-13 - Trade Sale
Martinsville, Virginia · www.suntekfilms.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Transportation 1 (33%) - 5 (31%) -
Automotive - - 3 (19%) -
Metals/Mining - - 1 (6%) 390M (100%)
Business Services - - 1 (6%) -
Distribution 1 (33%) - 1 (6%) -
Education - - 1 (6%) -
Energy Services and Equipment - - 1 (6%) -
Insurance 1 (33%) - 1 (6%) -
Marine - - 1 (6%) -
Retail - - 1 (6%) -
Total 3 - 16 $390M

Acquisitions By Geo

State/Country Current # Value All-time # Value
United States 3 (100%) - 15 (94%) 390M (100%)
  Tennessee - - 4 (25%) -
  Michigan - - 3 (19%) 390M (100%)
  Illinois 1 (33%) - 2 (13%) -
  Virginia - - 2 (13%) -
  Utah 1 (33%) - 1 (6%) -
  Florida 1 (33%) - 1 (6%) -
  Texas - - 1 (6%) -
  California - - 1 (6%) -
Canada - - 1 (6%) -
  British Columbia - - 1 (6%) -
Domestic 3 (100%) - 15 (94%) 390M (100%)
Cross-border - - 1 (6%) -
Total 3 - 16 $390M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Secondary Buyout - - 6 (38%) 390M (100%)
Buyout (LBO, MBO, MBI) 2 (67%) - 4 (25%) -
Growth Capital 1 (33%) - 3 (19%) -
Recapitalization - - 2 (13%) -
Divestiture - - 1 (6%) -
Total 3 - 16 $390M

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 3 (25%) 260M (100%)
Secondary Sale 3 (25%) -
Bankruptcy 1 (8%) -
IPO 1 (8%) -
Recapitalization 1 (8%) -
SPAC 1 (8%) -
Trade Sale 1 (8%) -
Unknown 1 (8%) -
Total 12 $260M

Deal Values

buy # Total
$100M to $1B 1 $390M
TOTAL $390M
Largest Autocam Corp.
$390M (2004-05-03)
sell # Total
$100M to $1B 1 $260M
TOTAL $260M
Largest 4Refuel Canada LP
$260M (2018-12-10)

M&A Connections

Deals
Acquired from
Investor(s)
38%
6 (38%)
Strategic(s)
6%
1 (6%)
Exited to
Investor(s)
25%
3 (25%)
Strategic(s)
42%
5 (42%)

FAQ

When was TRP Capital Partners founded?

TRP Capital Partners was founded in 1997.

What type of investor is TRP Capital Partners?

TRP Capital Partners is a private equity firm.

Where is TRP Capital Partners headquartered?

TRP Capital Partners is headquartered in Birmingham, Michigan.

How much capital does TRP Capital Partners have under management?

TRP Capital Partners has 500M USD under management.

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