Gryphon Investors, a San Francisco-based middle-market private equity firm, has completed its acquisition of Trinity Consultants, a Dallas, TX-based provider of air quality compliance and permitting services, for an undisclosed consideration.
Gryphon bought the company from private equity firm Sentinel Capital Partners.
NXT Capital provided a $45m senior credit facility to fund the acquisition.
Gryphon, which partnered with Trinity management and employees in the transaction, will help the company continue to grow as it gains market share in its existing locations, open new offices to expand its presence in the U.S. and overseas, and focus on add-on acquisitions.
Led by CEO Jay Hofmann, Trinity Consultants, Trinity Consultants offers a full range of air quality permitting and compliance services which help its clients comply with increasingly complex federal, state and local air quality regulations. The company also provides complementary environmental services including sustainability and environmental management, EH&S auditing, EH&S information systems, environmental modeling software, and EH&S staffing through its On Demand Environmental business unit.
The company currently has more than 300 employees in 33 offices in the U.S., China and the Middle East.
FinSMEs
30/11/2011