Trivest

Trivest
Type Limited Partnership
Industry Private Equity
Founded 1981
Founder(s) Earl W. Powell
Headquarters Miami, Florida, United States
Products Private equity funds, Leveraged buyout
Total assets $1 billion
Employees 20
Website www.trivest.com

Trivest Partners, L.P. is a private equity firm focusing on partnering with founder and family-owned businesses. Trivest is the oldest private equity firm in the Southeast U.S., founded in 1981, and is headquartered in Miami, Florida. The firm focuses specifically on investments in the niche manufacturing, consumer products, business services, and franchisor industries. Among the firm’s most notable current and prior investments are DirectBuy, Directed Electronics, Twinstar International, ATX Networks, Allegiance Security Group, AM Conservation, Endeavor Telecom, Onepath Systems, Herbal Magic, Aero Products International (makers of the Aero Bed) and Sun Pharmaceuticals (Banana Boat brand).

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Overview

The Trivest team consists of 11 investment professionals led by Managing Partner Troy D. Templeton. Troy joined the firm in 1989 and plays a key leadership role in Trivest's buyout activities, investment sourcing, resource allocation, portfolio oversight and firm administration. For over a decade, he has led the origination, structuring and financing dozens of acquisitions. Jamie Elias and Chip Vandenberg are also Partners of Trivest. Jamie and Chip joined the firm in 1997 and 1987, respectively, and both have executed numerous transactions and sit on the boards of multiple companies.

Trivest was an early entrant to the leveraged buyout space in the early 1980s and has completed investments in over 150 companies representing over $4.0 billion in value since its founding. Since its inception in 1981, Trivest has raised four institutional private equity funds, with total investor commitments of approximately $1.0 billion, dedicated to leveraged buyout investments in founder- and family-owned middle market companies. Trivest is currently actively investing from Trivest Fund IV, raised in July 2008 with commitments in excess of $325 million.

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