Announced
Completed
Financials
Tags
Single Bidder
Engineering Consulting
Completed
engineering firm
United States
Private
Majority
Private Equity
Cross Border
Friendly
Acquisition
Synopsis
Element Materials Technology, a provider of testing, inspection and certification services, completed the acquisition of Trialon, a a provider of test engineering and technical services to the transportation industry, from Resilience Capital, a private equity firm. Financial terms were not disclosed. "Given Trialon's growth trajectory after significantly investing in the business including a world-class management team, we felt it was time to find the right partner for Trialon's next chapter. The company still has tremendous opportunity and is well positioned in the ever-evolving transportation industry," Bassem Mansour, Resilience Co-CEO.
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