Tracked deals
75
75 tracked deals across 2019-2026.
Dallas, Texas, United States
Dallas, TX-based private equity firm with more than $8 billion of regulatory assets under management. Trive invests equity and debt in strategically viable middle-market companies and pursues transformational upside through operational improvement in a hands-on partnership with management teams.
Tracked deals
75
75 tracked deals across 2019-2026.
Recent pace
14
14 tracked deals announced in the last 12 months.
Deal mix
Addon
34 addon · 21 buyout · 17 growth capital
Last 8 years
Supporting Data
Showing the 12 most recent of 75 tracked deals for Trive Capital.
Trive Capital has closed the sale of Kittyhawk, Inc. to Machine Sciences, a portfolio company of Viking Global. Kittyhawk is a provider of hot isostatic pressing (HIP) services for mission-critical applications across the space, commercial aerospace, defense, and power generation end-markets.
Accelint and Vitesse Systems have unified under the Lyntris name, formalizing a long-term strategy to deliver “sense-to-act” connectivity solutions for U.S. Department of War and allied customers. The combination brings together sensor hardware, sensor architecture, and AI-enabled data/software capabilities designed for resilient operation in contested environments.
Trive Capital, a Dallas-based private equity firm, announced a recent investment in Polar Technology, a UK-headquartered manufacturer of advanced composite and metallic components. Polar provides vertically integrated engineering and manufacturing capabilities serving aerospace, defense, high-performance automotive, and medical end markets.
Dallas-based private equity firm Trive Capital has made a strategic investment in Adrianna Papell, a New York City–headquartered designer of women’s special-occasion apparel. The partnership is intended to accelerate growth by broadening product categories and strengthening underpenetrated channels, including direct-to-consumer and international markets.
Dallas-based private equity firm Trive Capital invested in Rolfson Oil, an energy-focused distributor of fuels, oils, and lubricants. After the investment, Rolfson acquired Oklahoma City–headquartered Flint Logistics Group to expand Rolfson’s footprint and onsite storage/transportation capabilities across Oklahoma, Texas, and New Mexico.
Dallas-based private equity firm Trive Capital has made an investment in PavCon, a provider of predictive analytics and decision‑support software serving U.S. defense customers. The partnership will fund PavCon’s growth—investing behind its talent, technology and scalable operating model—to accelerate delivery of AI-driven predictive solutions; financial terms were not disclosed.
Karman Space & Defense closed its previously announced acquisition of Seemann Composites and Materials Sciences (MSC) in a deal valued at $220 million. The combination expands Karman’s maritime defense end market with advanced composite systems and materials capabilities for U.S. Navy submarine, USV/UUV, surface, and autonomous maritime programs.
RPM Freight Systems, LLC has acquired Dealers Choice Auto Transport, a specialist in premium and luxury vehicle transport for dealerships and auto auctions. The deal, completed with support from RPM's sponsors Trive Capital and Bluejay Capital, expands RPM's dealership and auction coverage and adds specialized, white‑glove vehicle transport capabilities to its tech-enabled logistics platform.
RPM Freight Systems has acquired Professional Automotive Relocation Services (PARS), combining RPM's finished-vehicle logistics platform with PARS' fleet relocation and lifecycle services. The deal, backed by RPM investors Trive Capital and Bluejay Capital, expands RPM's service portfolio to include driveaway, vehicle storage, titling and registration; terms were not disclosed.
Trive Capital made a strategic growth investment in Illumis Global to accelerate the company's expansion and establish a comprehensive vendor management platform. The investment will support Illumis' technology investments, broaden its audit and analytics capabilities, and enable new offerings such as a proprietary Group Purchasing Organization while keeping current management in place.
Canopy Aerospace & Defense, a portfolio company of Trive Capital, has acquired Tods Technology Ltd., a Portland, Dorset-based designer and manufacturer of advanced composite structures and acoustic materials for the maritime defense sector. The add-on acquisition expands Canopy A&D's technical capabilities in sonar domes and acoustic enclosures, strengthens transatlantic supply-chain resilience, and will see Tods operate under the Canopy A&D umbrella with further investment in infrastructure and people.
Karman Space & Defense (NYSE: KRMN) acquired Five Axis Industries, an Arlington, Washington-based supplier of advanced nozzle and fuel system subsystems, for $83 million in cash plus approximately $5 million in Karman shares (about $88 million total). The acquisition, which closed October 28, 2025, expands Karman's propulsion and launch-system capabilities by adding proprietary nozzle, spun-form and 3D-printed Inconel technologies and was funded in part by an increase to Karman's Term Loan B.
Turn tracked acquisition activity into an outreach-ready buyer list.