Trystar (Goldner Hawn Portfolio Company) Acquires Total Plant Management Group (TPMG)

Trystar (Goldner Hawn Portfolio Company) Acquires Controlled Power Company

December 1, 2021

Manufacturing

Trystar, a Goldner Hawn portfolio company, has acquired Controlled Power Company (CPC), a Troy, Michigan-based manufacturer of commercial, industrial, and medical-grade power quality solutions. The acquisition expands Trystar's portable and permanent power distribution offerings to include inverters, high-efficiency transformers, power conditioning, UPS/battery backup and industrial DC (rectifier) solutions, broadening its end markets such as data centers, healthcare, and commercial buildings.

Goldner Hawn Recapitalizes Trystar

March 19, 2019

Manufacturing

Goldner Hawn, LP has completed a recapitalization of Trystar, LLC in partnership with Trystar's management. Trystar, headquartered in Faribault, Minnesota, is a manufacturer of temporary electrical power distribution products serving utilities, data centers, healthcare and other commercial and public-sector end markets; the partnership will provide capital and resources to support Trystar's next phase of growth.

Trystar (Goldner Hawn Portfolio Company) Acquires Oztek Corporation

May 23, 2023

Manufacturing

Trystar, a Goldner Hawn portfolio company, has acquired Oztek Corporation to broaden its electric power solutions portfolio and bolster renewable energy and battery energy storage system capabilities. Oztek, headquartered in Merrimack, New Hampshire, manufactures battery inverters, energy storage power conversion systems, bi-directional DC power supplies and printed circuit power supplies.

Blackstone Acquires Trystar, Provider of Backup Power Solutions

July 16, 2024

Manufacturing

Private equity funds affiliated with Blackstone have entered into a definitive agreement to acquire Trystar, a Minnesota-based designer and manufacturer of critical electrical power and backup power solutions. Blackstone said it will partner with Trystar's management to build a leading platform serving distributed power generation markets and accelerate growth amid energy transition tailwinds.

Trystar Acquires Macromatic and Primax Technologies

February 29, 2024

Manufacturing

Trystar, a Goldner Hawn portfolio company, completed the acquisitions of Macromatic Industrial Controls (Waukesha, WI) and Primax Technologies (Pointe-Claire, Quebec). The add-ons expand Trystar’s manufacturing and monitoring capabilities—adding electronic relays and battery-backed AC/DC power solutions—and broaden its market access, including strengthened utility and industrial reach in Canada.

Trystar Acquires Cyber Sciences from Patoka Capital

June 22, 2023

Manufacturing

Trystar, a Goldner Hawn portfolio company, has acquired Cyber Sciences, a Murfreesboro, Tennessee-based maker of sequence-of-events recorders and GPS time-synchronization devices. The add-on acquisition, purchased from Patoka Capital LLC, expands Trystar's power monitoring, diagnostics and analysis capabilities for data center, healthcare and critical-power markets.