Tracked deals
8
8 tracked deals across 2021-2026.
Operating Company
Manufacturing
Trystar
Faribault, Minnesota, United States
Designer and manufacturer of custom power solutions and critical-power equipment, including switchgear, generator connection and paralleling switchgear, generator docking and control products, and power monitoring and controls.
- Focus Areas
- Custom switchgear and switchboards, Generator connection and paralleling switchgear, Power monitoring, control and protection products
- Website
- www.trystar.com
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Addon
6 addon · 2 buyout
Trystar Acquisition Volume by Year
Last 5 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
January 7, 2026
- Buyer
- Trystar
- Target
- Island Technical Installations (ITI)
- Industry
- Manufacturing
- Location
- British Columbia, Canada
- Type
- Buyout
Trystar has acquired Island Technical Installations (ITI), a Victoria, British Columbia–based electrical equipment engineering, manufacturing, and services company specializing in low- and medium-voltage switchgear and mobile substation solutions. The acquisition expands Trystar’s custom LV/MV switchgear capabilities and service offerings and brings ITI’s teams and new Arlington, Texas production facility into Trystar’s North American platform.
-
September 15, 2025
- Buyer
- Trystar
- Target
- Asentria Corporation
- Industry
- Industrial Services
- Location
- Washington, United States
- Type
- Buyout
Trystar has acquired Asentria Corporation, a Seattle-based developer of the SiteBoss site controller and remote site monitoring solutions, to broaden its monitoring and controls product portfolio. The acquisition brings Asentria’s hardware and software expertise into Trystar’s power solutions platform and aims to accelerate product development and go-to-market reach across telecom, data center, and utility end markets.
-
September 17, 2024
- Buyer
- Trystar, LLC, Blackstone, Inc.
- Target
- Salient (formerly PSI Power & Controls / Salient Power Solutions)
- Seller
- LFM Capital
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Type
- Addon
Trystar, a portfolio company of Blackstone, has acquired Salient (formerly PSI Power & Controls / Salient Power Solutions) from LFM Capital. Salient is a Charlotte-headquartered OEM of custom switchgear and industrial controls serving data centers and other critical-power end markets; financial terms were not disclosed.
-
February 29, 2024
- Buyer
- Trystar
- Target
- Macromatic Industrial Controls, Primax Technologies
- Industry
- Manufacturing
- Location
- Wisconsin, United States
- Type
- Addon
Trystar, a Goldner Hawn portfolio company, completed the acquisitions of Macromatic Industrial Controls (Waukesha, WI) and Primax Technologies (Pointe-Claire, Quebec). The add-ons expand Trystar’s manufacturing and monitoring capabilities—adding electronic relays and battery-backed AC/DC power solutions—and broaden its market access, including strengthened utility and industrial reach in Canada.
-
June 22, 2023
- Buyer
- Trystar, Goldner Hawn
- Target
- Cyber Sciences
- Seller
- Patoka Capital LLC
- Industry
- Manufacturing
- Location
- Tennessee, United States
- Type
- Addon
Trystar, a Goldner Hawn portfolio company, has acquired Cyber Sciences, a Murfreesboro, Tennessee-based maker of sequence-of-events recorders and GPS time-synchronization devices. The add-on acquisition, purchased from Patoka Capital LLC, expands Trystar's power monitoring, diagnostics and analysis capabilities for data center, healthcare and critical-power markets.
-
- Buyer
- Trystar, Goldner Hawn
- Target
- Oztek Corporation
- Industry
- Manufacturing
- Location
- New Hampshire, United States
- Type
- Addon
Trystar, a Goldner Hawn portfolio company, has acquired Oztek Corporation to broaden its electric power solutions portfolio and bolster renewable energy and battery energy storage system capabilities. Oztek, headquartered in Merrimack, New Hampshire, manufactures battery inverters, energy storage power conversion systems, bi-directional DC power supplies and printed circuit power supplies.
-
December 9, 2021
- Buyer
- Trystar, Goldner Hawn
- Target
- Total Plant Management Group (TPMG)
- Industry
- Manufacturing
- Location
- Texas, United States
- Type
- Addon
Trystar, a Goldner Hawn portfolio company, has acquired Total Plant Management Group (TPMG), a Houston-based designer and manufacturer of prefabricated steel buildings, control panels, metering skids, and modular electrical substations. The deal expands Trystar's power-system offerings by adding turnkey engineering, fabrication, integration, testing and commissioning capabilities for E-houses and remote instrument enclosures.
-
- Buyer
- Trystar, Goldner Hawn
- Target
- Controlled Power Company
- Industry
- Manufacturing
- Location
- Michigan, United States
- Type
- Addon
Trystar, a Goldner Hawn portfolio company, has acquired Controlled Power Company (CPC), a Troy, Michigan-based manufacturer of commercial, industrial, and medical-grade power quality solutions. The acquisition expands Trystar's portable and permanent power distribution offerings to include inverters, high-efficiency transformers, power conditioning, UPS/battery backup and industrial DC (rectifier) solutions, broadening its end markets such as data centers, healthcare, and commercial buildings.
Related Acquisition Pages
Manufacturing Buyers & Acquisitions
7 tracked deals by Trystar.
Industrial Services Buyers & Acquisitions
1 tracked deal by Trystar.
Acquisitions in Michigan
1 tracked deal by Trystar.
Acquisitions in New Hampshire
1 tracked deal by Trystar.
Acquisitions in North Carolina
1 tracked deal by Trystar.
Acquisitions in Tennessee
1 tracked deal by Trystar.
Selling a company? Get in front of buyers like Trystar
Turn tracked acquisition activity into an outreach-ready buyer list.