Blackstone Acquires Trystar, Provider of Backup Power Solutions
July 16, 2024
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.
- Targets
- Trystar
- Industry
- Manufacturing
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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