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Announced

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Blackstone-backed Trystar completed the acquisition of Salient.

Synopsis

Blackstone-backed Trystar, a company that designs, manufactures and supplies electrical power solutions, completed the acquisition of Salient, an emergency power products provider. Financial terms were not disclosed. "The addition of Salient enhances our power distribution capabilities with their world-class solutions. Like Trystar, Salient is a custom solutions-based business, and all of its products are manufactured in the USA to the highest standards. Additionally, Salient also offers extensive industry experience, customer focus, and a passion for their products and the value that those bring to the market. The trends of electrification and digitalization, as well as the need for resilient, reliable, clean power lead to significant growth in our industry. Because both companies understand the implication and costs of a power outage, together we can help customers minimize the impact of power system events," Trystar.

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