Announced
Completed
Synopsis
Audax, a private equity firm, completed the acquisition of Total PowerGen Solutions, a provider of power generation solutions, from Trivest, a private equity firm. Financial terms were not disclosed. “The growth we have experienced during the Trivest partnership has been nothing short of amazing and has culminated in this exciting new partnership with Audax. I would like to thank our loyal employees that show up every day ready to deliver amazing solutions for our customers’ complex PowerGen needs. Additionally, I would like to thank the entire team from Trivest. From their original investment in Total Power through the exit process, Trivest showed a steadfast commitment to investing in our company and people to help Total Power pursue its vision of becoming the leading provider of PowerGen solutions throughout North America,” Andy Rudderham, Total Power CEO.
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