Announced
Financials
Tags
Private
Friendly
industrial equipment
Acquisition
United States
Majority
Domestic
Single Bidder
Machinery: Industrial
Pending
Private Equity
Synopsis
Palladium Equity Partners-backed Trachte, a provider of highly engineered protection and control buildings, completed the acquisition of Parkline, a premier manufacturer and service provider. Financial terms were not disclosed. "Trachte is excited to add the Parkline team, which has already established Parkline as a leading manufacturer and service provider in the data center, electric utility, energy and industrial end markets – sectors that are complementary to Trachte's existing business. This transaction is all about growing with our customers and supporting their important priorities, such as upgrading an aging power grid, expanding data centers, and accelerating the buildout of renewable power systems," Shawn Smith, Trachte CEO.
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