Announced
Completed
Synopsis
Battle Investment Group, a private equity firm focused on the defense, government, aerospace, telecommunications, and critical infrastructure sectors, completed the acquisition of TRS Services, a provider of maintenance, repair and overhaul services of component parts for industrial gas turbine engines, from Tuckerman Capital, a private equity firm. Financial terms were not disclosed. TRS is well-positioned to capitalize on market opportunities both domestically and internationally, as natural gas-generated power will continue to play a vital role in meeting accelerated electricity demand growth and facilitating the ongoing implementation of renewable energy generation. We are thrilled to partner with the TRS team to support the Company's sustained expansion and development, including significant internal investments into new capabilities," Cliff Orr, Battle Investment Group Partner.
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