Dallas, TX and Cincinnati, OH, | Jul. 27, 2020
Field operates out of three facilities located in the US and Canada, specializing in aircraft integration, 工程, 修改, 以及为政府提供支持服务, 航空航天, 和国防的客户. The Company has a 70+ year operating history in aircraft 修改 and parts manufacturing with a focus on special-mission aircraft including the DHC-8, 挑战者号, 和湾流平台. 作为交易的一部分, Trive provided a structured capital solution to buy out minority shareholder and former Chairman, 丹·麦格瑞恩, and to support future growth initiatives of the business.
“The directors and shareholders of Field are delighted to welcome Trive” said Field president and CEO John Mactaggart. “When we purchased 竞彩足球投注 in 2012 and ASES in 2015, we planned further acquisitions to enhance the organic growth of Field. Trive not only adds welcome expertise to the leadership of the Company but will bring a fresh perspective to Company growth and open further acquisition opportunities. The remaining original shareholders see this as a logical step in the growth of Field.”
丹·麦格瑞恩指出, “Field is a differentiated business with highly specialized 工程 services that has experienced significant growth over that past decade. I am proud of the Company’s accomplishments during this time and am eager to watch its continued success and expansion with Trive’s involvement. The shareholder group chose to partner with Trive based on the team’s experience in the sector, 灵活的资金解决方案, and ability to transact in challenging economic conditions.”
“Trive has deep experience investing into 航空航天 and defense businesses and was fortunate to have developed a relationship with the Field ownership team over several years. Field has built an impressive set of capabilities that position it to capitalize on increased spending for modified, special mission aircraft used in ISR data collection,大卫·斯丁尼特说, 竞彩足球投注合伙人. “此外, our ability to facilitate an innovative structured capital solution and quickly close this complex transaction in the middle of challenging macro-economic conditions, demonstrates Trive’s ability to creatively deploy capital in the current market.”
The transaction also represents Trive’s most recent investment for its Structured Capital Strategy. Trive is actively seeking additional Structured Capital investment opportunities where the firm can tailor bespoke debt and equity structures for strategically viable, middle market companies through a collaborative and operational approach. Trive’s Structured Capital Strategy targets opportunities across a variety of situations including growth capital, 管理层收购, 少数民族分享, 特殊情况, 和收购融资.
总部位于辛辛那提, OH在多伦多的运营, 卡尔加里, 和俄克拉荷马城, 场航空 provides heavy aircraft 修改s and upgrades, 项目管理, 竞彩足球投注, 特殊任务飞机服务, certification and installation services, 以及美国零部件制造业.S. and international government, 航空航天, 和国防的客户.
竞彩足球投注是达拉斯人, Texas based private equity firm managing approximately $2 billion in committed capital. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. We seek to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.
The Trive team is comprised of seasoned investment professionals who have been involved in over 100 middle-market transactions representing in excess of $6 billion in revenue across Trive’s targeted industry sectors and situations.