Sunbelt Transformer (Trilantic North America) Merges with Solomon Corporation
July 1, 2019
Trilantic North America's portfolio company Sunbelt Transformer has merged with Solomon Corporation, a provider of refurbishment, repair and salvage services for electrical transformers. The combined business will expand Sunbelt's footprint and service offering across commercial, industrial and utility customers throughout North America; Tom Smith will serve as Chairman and CEO of the combined entity while Tom Hemmer will serve as Group President of Solomon.
- Buyers
- Trilantic North America, Sunbelt Transformer
- Targets
- Solomon Corporation
- Sellers
- Funds managed by the GFI Energy Group of Oaktree Capital Management, L.P.
- Platforms
- Sunbelt Transformer
- Industry
- Industrial Services
- Location
- Kansas, United States
- Transaction Type
- Addon
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