Trive Capital completed the acquisition of a majority stake in Independent Forgings & Alloys from BGF.

Trive Capital, a Dallas-based private equity firm, completed the acquisition of a majority stake in Independent Forgings & Alloys, a UK-based manufacturer of open and closed-die forgings, from growth capital investor BGF. Financial terms were not disclosed.​ "We’ve had a great journey over the past seven years with BGF. Their support and long-term, patient capital model has helped the business navigate the evolving global aerospace supply chain and given us the platform to execute our ambitious growth strategy," Andy McGuinness, Independent Forgings & Alloys CEO.