Sentinel Capital Partners Recapitalizes TriMech
March 14, 2022
Sentinel Capital Partners has recapitalized TriMech, acquiring a majority stake from The Halifax Group, which will remain a minority investor. The transaction (terms undisclosed) is financed with mezzanine notes led by Audax Private Debt and is intended to support TriMech's accelerated organic and acquisitive growth while CEO Marcel Matte and management remain in place.
- Buyers
- Sentinel Capital Partners
- Targets
- TriMech
- Sellers
- The Halifax Group
- Industry
- Engineering Services
- Location
- Virginia, United States
- Transaction Type
- Recapitalization
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