Thursday, December 8, 2011

Trinity Consultants Acquired by Gryphon Investors

Trinity Consultants, an international environmental consulting firm that specializes in industrial air quality issues, announces that it has recapitalized with financial partner Gryphon Investors, a San Francisco-based middle market private equity firm. Trinity management and employees maintained significant ownership in the transaction. Gryphon bought a controlling interest in the firm from Sentinel Capital Partners, majority owner since 2007. John E. (Jay) Hofmann, Trinity’s President/CEO since 2001, will remain at the helm.

According to Hofmann, “Trinity’s management team is confident that Gryphon will make an excellent partner going forward. From the beginning, we were impressed by how well they understood our business and supported our growth objectives.”

Alex Earls, head of Gryphon’s Business Services Group, commented on Gryphon’s decision. “Gryphon has proactively targeted the environmental services sector over the last several years and we are especially pleased to partner with such a strong management team in acquiring this market-leading business. Trinity Consultants is poised for continued rapid growth as it gains market share in its existing locations, opens new offices to expand its footprint, and benefits from a renewed focus on acquisitions.”

Trinity Consultants was advised by investment banking firm MHT Partners. Gryphon was advised by investment banking firm Lincoln International.

About Trinity Consultants

Founded in 1974, Trinity Consultants is based in Dallas, Texas and has more than 30 offices throughout the U.S. , China, and the Middle East. Trinity performs over 2,000 environmental consulting projects annually, primarily focusing on air quality regulatory issues affecting industrial facilities. Trinity has a diverse client base in highly regulated industries including chemicals, oil and gas, electricity, cement, forest products, and general manufacturing. Trinity also markets BREEZE® environmental modeling software, implements technology solutions for EH&S information management, and provides professional EH&S training and EH&S staffing services.

About Gryphon Investors

Based in San Francisco, Gryphon Investors focuses on leveraged acquisitions of, and growth investments in, middle-market companies in partnership with experienced management. Having managed $1 billion of discretionary equity capital, Gryphon has an extensive track record of investing $25 to $75 million of its own capital in companies with sales ranging from $25 to $250 million. Gryphon prioritizes investment opportunities where it can form proactive partnerships with owners and executives to build leading companies, utilizing Gryphon’s capital, professional resources and operational expertise.

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