TRIVE CAPITAL


Associated tags: Capital, Trives

Locations: NEW YORK, US, CANADA, SAN FRANCISCO, INDIA, UT, WA, KITTY HAWK, CASCADE, TEXAS, LONDON, CARLYLE

Amy Wesley joins Trive Capital as Global Head of Investor Relations

Retrieved on: 
Wednesday, April 24, 2024

DALLAS, April 24, 2024 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas-based private equity firm, is pleased to welcome Amy Wesley as Global Head of Investor Relations.

Key Points: 
  • DALLAS, April 24, 2024 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas-based private equity firm, is pleased to welcome Amy Wesley as Global Head of Investor Relations.
  • Trive Capital is a Dallas, Texas based private equity firm with over $7 billion of regulatory assets under management.
  • Prior to joining Trive, Amy spent 10 years at The Carlyle Group, where she was most recently the Chief of Staff to the Global Head of Investor Relations, responsible for department operations, distribution strategy and strategic initiatives.
  • Conner Searcy , Managing Partner at Trive stated, "We are pleased to have Amy Wesley join Trive Capital as Global Head of Investor Relations where her immediate focus will be on relationship building and communications with our existing investors and institutionalizing the firm's investor relations function.

Trive Capital Partners with Formula Wellness, a Leading Provider of Holistic Wellness Services

Retrieved on: 
Monday, March 18, 2024

DALLAS, March 18, 2024 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas-based private equity firm, is excited to announce its recent investment into Formula Wellness ("FWC" or the "Company"), a leading provider of health, medical-based wellness, and aesthetics services with a focus on longevity science.

Key Points: 
  • DALLAS, March 18, 2024 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas-based private equity firm, is excited to announce its recent investment into Formula Wellness ("FWC" or the "Company"), a leading provider of health, medical-based wellness, and aesthetics services with a focus on longevity science.
  • We are excited to partner with this accomplished team to help realize the vision Dr. Rudman has for Formula Wellness," said Trive Capital Managing Director, Tanner Cope .
  • "Since our inception, Formula Wellness has been dedicated to empowering individuals to embrace their journey towards holistic well-being.
  • Formula Wellness is actively seeking add-on opportunities in the med spa and wellness services space.

Cascade Services Announces the Rebrand of Air Boca to Aztil Air Conditioning

Retrieved on: 
Tuesday, March 12, 2024

TAMPA, Fla., March 12, 2024 /PRNewswire/ -- Cascade Services , a premier residential tri-trade services platform has announced the consolidation of the Air Boca brand into Aztil Air Conditioning .

Key Points: 
  • TAMPA, Fla., March 12, 2024 /PRNewswire/ -- Cascade Services , a premier residential tri-trade services platform has announced the consolidation of the Air Boca brand into Aztil Air Conditioning .
  • "As the first of its kind, this tuck in represents another significant milestone for us, said Ty Johnson, CEO of Cascade Services.
  • Ana de Oliveria, General Manager of Aztil Air Conditioning, added "With this consolidation, we can streamline operations and offer Air Boca customers additional support and expanded services, including air quality control and duct cleaning.
  • The same team of Air Boca service technicians are still with us, they are simply sporting a new shade of blue and red!"

Trive-backed Kittyhawk Acquires Stack HIP from Stack Metallurgical Group

Retrieved on: 
Thursday, March 7, 2024

GARDEN GROVE, Calif. and DALLAS, March 7, 2024 /PRNewswire/ -- Kittyhawk, Inc. ("Kittyhawk" or the "Company"), backed by the Dallas-based private equity firm Trive Capital ("Trive"), is pleased to announce that it has acquired Stack HIP, LLC ("Stack HIP") from Stack Metallurgical Group ("SMG").

Key Points: 
  • GARDEN GROVE, Calif. and DALLAS, March 7, 2024 /PRNewswire/ -- Kittyhawk, Inc. ("Kittyhawk" or the "Company"), backed by the Dallas-based private equity firm Trive Capital ("Trive"), is pleased to announce that it has acquired Stack HIP, LLC ("Stack HIP") from Stack Metallurgical Group ("SMG").
  • Operating from its facility in Albany, OR, Stack HIP is a market leader of HIP services to aerospace, defense, and medical customers.
  • Stack HIP possesses the largest high-pressure HIP vessels in North America, enabling the processing of the biggest and most complex castings and additively manufactured metallic parts.
  • "We're excited to welcome Stack HIP customers, employees, and suppliers into the Kittyhawk family," said Brandon Creason, President of Kittyhawk.

Trive Capital Forms New Industrial Distribution Company Venturi Supply

Retrieved on: 
Wednesday, December 20, 2023

DALLAS and PHOENIX, Dec. 20, 2023 /PRNewswire/ -- Trive Capital , a Dallas, Texas-based private equity firm, announces the formation of Venturi Supply ("Venturi" or the "Company"), a leading independent value-added distributor of pipe, valves, fittings ("PVF"), engineered products, and industrial supplies.

Key Points: 
  • DALLAS and PHOENIX, Dec. 20, 2023 /PRNewswire/ -- Trive Capital , a Dallas, Texas-based private equity firm, announces the formation of Venturi Supply ("Venturi" or the "Company"), a leading independent value-added distributor of pipe, valves, fittings ("PVF"), engineered products, and industrial supplies.
  • The Company is the result of the acquisitions of six PVF distribution businesses—BPS Supply Group, Producers Supply Company, Tri Star Industrial, Ameripipe Supply, Industrial & Construction Enterprises, and Albuquerque Pipe & Pump Supply.
  • "I am excited to lead Venturi Supply and its family of businesses, which collectively comprise one of the nation's largest independent PVF distributors."
  • King & Spalding LLP served as legal counsel to Trive Capital and Venturi Supply for each of the six acquisitions.

Trive Capital & BayLink Capital Form Veltris

Retrieved on: 
Wednesday, October 4, 2023

SAN FRANCISCO and DALLAS, Oct. 4, 2023 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas-based private equity firm, and BayLink Capital ("BayLink"), are excited to announce their investment into Veltris (the "Company"), a next generation technology services company specializing in developing solutions in Data & Artificial Intelligence ("Data/AI"), Engineering R&D ("ER&D") services and Digital Product Engineering Services ("PES"). The Company was formed through the partnership and simultaneous combination of Wavelabs Technologies ("Wavelabs") and West Agile Labs ("West Agile"). Headquartered in San Francisco, California, Veltris offers "chip to cloud" product development services encompassing software embedded in the physical/hardware layer all the way up through custom software at the application layer. The Company embraces a design-centric full-stack development approach starting with consultative solutioning, through design, architecture, development, testing and deployment. Veltris delivers these offerings to a wide array of SMB and Fortune 500 clients through a global delivery model from its headquarters in the U.S. and its global locations in Canada and India.

Key Points: 
  • SAN FRANCISCO and DALLAS, Oct. 4, 2023 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas-based private equity firm, and BayLink Capital ("BayLink"), are excited to announce their investment into Veltris (the "Company"), a next generation technology services company specializing in developing solutions in Data & Artificial Intelligence ("Data/AI"), Engineering R&D ("ER&D") services and Digital Product Engineering Services ("PES").
  • Pramod commented, "We couldn't be more excited to form Veltris alongside the Wavelabs team.
  • Nick Miner , Managing Director at Trive, commented, "We are thrilled to partner with Wavelabs and West Agile to form the Veltris platform.
  • Kaustuv Sen, Managing Partner at BayLink, stated, "We are excited to be active partners alongside this combined management team to accelerate growth under the Veltris platform.

Trive-Backed Forward Slope Acquires Soar Technology

Retrieved on: 
Thursday, August 24, 2023

SAN DIEGO and DALLAS, Aug. 24, 2023 /PRNewswire/ -- Soar Technology, Inc. ("SoarTech") has partnered with Forward Slope Incorporated ("Forward Slope" or "FSI"), backed by Trive Capital ("Trive"), the Dallas-based private equity firm.

Key Points: 
  • SAN DIEGO and DALLAS, Aug. 24, 2023 /PRNewswire/ -- Soar Technology, Inc. ("SoarTech") has partnered with Forward Slope Incorporated ("Forward Slope" or "FSI"), backed by Trive Capital ("Trive"), the Dallas-based private equity firm.
  • The combined set of capabilities, talented teams and cultural alignment gave us conviction that a partnership with Forward Slope was an ideal next chapter for SoarTech.
  • "This partnership represents another significant milestone for Forward Slope," said Carlos Persichetti, Chief Executive Officer of Forward Slope.
  • Haynes & Boone LLP served as legal counsel to Trive Capital and Forward Slope.

HYPERGIANT INDUSTRIES PARTNERS WITH TRIVE CAPITAL

Retrieved on: 
Tuesday, August 22, 2023

AUSTIN, Texas, Aug. 22, 2023 /PRNewswire/ -- Trive Capital, a Dallas-based private equity firm, announces the acquisition of AI defense platform and solutions company Hypergiant Industries, to complement its current portfolio company Forward Slope. The acquisition is a natural partnership for the two organizations who believe in the future of next-generation, AI-enabled technology solutions to secure both America's defenses across all military domains and critical infrastructure. Mike Betzer, CEO of Hypergiant, will continue leading the company into its next phase of accelerated growth.

Key Points: 
  • Hypergiant has also garnered strong market recognition for its futuristic inventions, including award-winning AI-enabled projects such as the Hypergiant Eos Bioreactor, Hypergiant Project Orion , then Hypergiant Disaster Mapping System , the Hypergiant Chameleon prototype constellation , Project Argus in partnership with Amazon among others.
  • Hypergiant has over 195 employees and contractors and investors include lead investor Align Capital along with GPG, Perot Jain, Beringer Capital, and Capital Factory.
  • Trive Capital is a Dallas, Texas based private equity firm with more than $4 billion of regulatory assets under management.
  • Hypergiant Industries is an AI company focused on developing world-changing technologies to solve the world's biggest problems in the areas of space, defense, and critical infrastructure.

Hypergiant Industries Partners With Trive Capital

Retrieved on: 
Tuesday, August 22, 2023

Trive Capital , a Dallas-based private equity firm, announces the acquisition of artificial intelligence (AI) defense platform and solutions company, Hypergiant Industries , to complement its current portfolio company, Forward Slope.

Key Points: 
  • Trive Capital , a Dallas-based private equity firm, announces the acquisition of artificial intelligence (AI) defense platform and solutions company, Hypergiant Industries , to complement its current portfolio company, Forward Slope.
  • Mike Betzer, the Chief Executive Officer (CEO) of Hypergiant, will continue leading the company into its next phase of accelerated growth.
  • David Stinnett, Partner at Trive Capital, commented, “Hypergiant’s unique geospatial data visualization capability has positioned the company at the leading edge of C5ISR technologies that address mission-critical defense priorities.
  • Hypergiant now has over 150 employees and contractors, and its investors include lead investor Align Capital, along with GPG, Perot Jain, Beringer Capital, and Capital Factory.

EarthLink Acquires One Ring Networks

Retrieved on: 
Friday, August 18, 2023

DALLAS and ATLANTA and ATHENS, Texas, Aug. 18, 2023 /PRNewswire/ -- Trive Capital ("Trive"), the Dallas, TX-based private equity firm announces that EarthLink, a leading internet service provider delivering access to more homes and small businesses than any other ISP and a Trive portfolio company, has acquired One Ring Networks, one of the largest Fixed Wireless providers of voice and data services in the United States.

Key Points: 
  • The acquisition will allow EarthLink to expand its business platform capabilities and portfolio of products and services including high-speed business internet.
  • John Jenkins, President of One Ring Networks, will serve as the newly appointed President of EarthLink Business Services.
  • Glenn Goad, CEO of Earthlink, said, "We are excited to partner with One Ring and accelerate the rollout of EarthLink Business Services.
  • Shravan Thadani , Partner at Trive Capital, noted, "EarthLink and One Ring are highly complementary businesses and together will provide ultra-reliable, high-speed internet services to businesses and consumers nationwide.