First Capital Partners and Rotunda Capital Recapitalize Trinity3 Technology

Trinity3 Technology (Rotunda-backed) Merges With FireFly Computers

October 1, 2020

Education

Trinity3 Technology, a Rotunda Capital Partners portfolio company, has merged with FireFly Computers to create a larger K‑12 technology platform. Rotunda provided additional equity for the transaction alongside co-investments from First Capital Partners and minority investments from Kari Phillips and Devang Shah; the combined business will retain operating locations in St. Paul and Arden Hills, Minnesota.

Kohlberg & Company Recapitalizes Trinity Life Sciences

November 30, 2021

Healthcare Services

Kohlberg & Company will recapitalize Trinity Life Sciences, replacing Parthenon Capital as the company’s capital partner. The transaction provides Trinity with new growth capital to support global expansion, technology and data-driven capability investments while Trinity’s management team, led by CEO David Fitzhenry, will remain in place.

RLG Capital & Trinity Investors Recapitalize eLearning Brothers to Acquire Trivantis and Edulence (KnowledgeLink)

May 3, 2020

Education

RLG Capital and Trinity Investors led a $38 million recapitalization of learning-technology company eLearning Brothers, with co-investors HCAP Partners and Eagle Marsh Holdings and senior debt provided by KeyBank. The financing enables eLearning Brothers to simultaneously acquire Trivantis and Edulence (KnowledgeLink), combining authoring tools (Lectora), VR builder (CenarioVR), an LMS (KnowledgeLink) and content/licensing into an integrated corporate learning platform.

Trinity Hunt Partners Recapitalizes Keste

June 17, 2020

IT Services

Trinity Hunt Partners has acquired a majority stake in Keste, a Plano, Texas–based provider of B2B digital transformation and cloud services. The recapitalization will partner Trinity Hunt with Keste founders (who remain significant shareholders) to accelerate growth and scale the business through add-on acquisitions and expanded capabilities.

Akoya Capital Partners and Landon Capital Partners Acquire Trinity Technology Group

March 27, 2019

Manufacturing

Akoya Capital Partners and Landon Capital Partners, in partnership with current management, have acquired TTG, Inc. (Trinity Technology Group), a Higginsville, Missouri-based manufacturer of expanded polytetrafluoroethylene (ePTFE) membranes. The investors plan to support growth of TTG’s product lines and expand the company’s customer relationships and geographic footprint into new end markets such as apparel and electronics; Wintrust Bank provided senior debt for the transaction.

Rotunda Capital Partners Invests in U.S. Waterproofing

November 10, 2022

Construction

Rotunda Capital Partners has made its first investment from Fund III in U.S. Waterproofing, a Chicagoland residential basement waterproofing and foundation repair provider. Founder/owner Matt Stock will remain CEO as Rotunda backs the company’s organic growth and plans to deploy an acquisition (roll-up) strategy to expand the platform nationally.