Trinity Investors Recapitalizes Devansoy Inc.

Reddy Family and Bain Capital Back Formation of Trillium Foods

June 11, 2025

Food & Beverage

The Reddy Family has launched Trillium Foods, a North American liquid food and beverage manufacturing platform, and secured an investment from Bain Capital’s Private Credit Group to support growth. The company consolidates Flavor Reddy Foods with recent acquisitions Dominion Liquid Technologies, Lancaster Fine Foods, and Southern Classic Food Group, operating a combined manufacturing footprint of more than 500,000 sq ft and roughly 500 employees.

Tritium Partners Makes Growth Investment in VanillaSoft

September 27, 2023

Cloud & SaaS

VanillaSoft announced a significant growth investment from private equity firm Tritium Partners to accelerate product innovation and market expansion. The capital will advance VanillaSoft's AI-enabled prospect nurturing and intelligent lead routing features and support expansion plans, with Louis Summe joining as Executive Chairman.

Trinity Investors Recapitalizes Waterloo Sparkling Water

April 29, 2023

Food & Beverage

Trinity Investors invested $34.5 million in Waterloo Sparkling Water, an Austin-based flavored sparkling water consumer packaged goods brand, in a recapitalization to fund the company's growth. Waterloo, founded in 2017, has posted strong revenue growth and is noted for its in-house flavor development and category-leading sales velocity.

Akoya Capital Invests in Devansoy, Inc.

December 23, 2022

Food & Beverage

Akoya Capital led an investment in Devansoy, Inc., a Rock City, Illinois-based manufacturer of soy, oat, and pea protein ingredients, to establish its Specialty Ingredients platform. The transaction was financed with partners Trinity Investors, Slawek Family Holdings, Lightspring Capital, and Wintrust Bank; Devansoy CEO Deb Wycoff made a significant reinvestment and Dinan Capital served as Devansoy's exclusive financial advisor.

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.

First Capital Partners and Rotunda Capital Recapitalize Trinity3 Technology

November 19, 2019

Education

First Capital Partners has completed a debt and equity co-investment in Trinity3 Technology to support Rotunda Capital Partners' recapitalization of the business. Trinity3, based in St. Paul, Minnesota, is a value‑added reseller of tablets, laptops, PCs and related support services serving the K‑12 market across the United States.