Total Resource Management Acquires Aquitas Solutions

Total Resource Management Acquires Stratum Consulting Partners

March 20, 2025

IT Services

Total Resource Management, Inc. (TRM), a PE-backed enterprise asset management and digital transformation advisory firm, has acquired Stratum Consulting Partners to strengthen its HxGN EAM capabilities. The acquisition expands TRM's service portfolio across IBM Maximo, HxGN EAM and SAP PM; Stratum's team and expertise will be integrated into TRM's platform backed by 424 Capital.

Total Resource Management Acquires Performance Consulting Associates (PCA)

October 31, 2025

Consulting

Total Resource Management (TRM), an enterprise asset management and digital transformation advisory firm based in Alexandria, Virginia, has acquired Performance Consulting Associates (PCA), a reliability and maintenance management consultancy founded in 1976. The acquisition expands TRM’s reliability, maintenance management, and EAM consulting capabilities and integrates PCA’s team and services into TRM’s broader advisory and implementation offerings.

TRM Acquires Sheffield Scientific

December 15, 2025

Energy

TRM, an Alexandria-based enterprise asset management and reliability consultancy, has acquired Sheffield Scientific, a Katy, Texas consulting firm focused on EAM (IBM Maximo, Hitachi Asset Suite) and OT cybersecurity for power generation. The deal strengthens TRM's power generation capabilities, adds Sheffield's Serket OT risk-management software and specialist personnel, and increases TRM's headcount to more than 180 employees.

Total Resource Management Acquires IDCON Inc

November 29, 2021

Industrial Services

Total Resource Management (TRM), a cloud-based enterprise asset management and IIoT solutions provider, acquired IDCON Inc, a Raleigh-based reliability and maintenance management consulting and training firm. IDCON becomes a wholly owned independent subsidiary of TRM, with Tor Idhammar remaining CEO and founder Christer Idhammar serving part-time; the deal combines IDCON's reliability expertise with TRM's EAM technology to expand capabilities and international reach.

TRM Equity Acquires Assets of Gamma Aerospace, LLC

March 2, 2023

Aerospace & Defense

TRM Equity II acquired substantially all of the assets of Gamma Aerospace, LLC on March 2, 2023. Gamma Aerospace, a Mansfield, Texas-based manufacturer of multi-contoured formed and multi-axis machined aerospace components with three production facilities and over 200 employees, will be operated by TRM with a focus on operational improvement and stabilizing performance amid post-COVID supply and labor challenges.

Trilogy Innovations Acquires NRM Solutions

December 6, 2024

Software

Trilogy Innovations, Inc. has acquired West Virginia-based NRM Solutions to expand its cloud-based natural resource management software suite. The deal, finalized December 6, will integrate NRM's patented mineral rights and asset-management capabilities into Trilogy's software and cloud services offerings to broaden product capabilities and end-market reach.