Babson Capital Backs Trinity

Babson Capital Management, an investment management firm based in Springfield and Boston, Mass., and Charlotte, N.C. has provided $7.2 million of mezzanine debt financing to support Gryphon Investors’ acquisition of Trinity Consultants. Dallas-based Trinity Consultants, with offices nationwide and in China and the Middle East, is an environmental consulting company specializing in industrial air quality issues.

PRESS RELEASE

Babson Capital Management LLC (Babson Capital), an investment management firm based in Springfield and Boston, Mass., and Charlotte, N.C., today announced it provided $7.2 million of mezzanine debt financing to support Gryphon Investors’ acquisition of Trinity Consultants.

“The depth of their team and the wealth of experience they bring to bear on middle-market transactions made Babson Capital an ideal partner to support Gryphon Investors’ acquisition of Trinity Consultants.”
Dallas-based Trinity Consultants, with offices nationwide and in China and the Middle East, is an environmental consulting company specializing in industrial air quality issues. Trinity provides consulting, environmental modeling software, staffing assistance and data management solutions designed to help organizations comply with applicable environmental regulatory requirements and optimize environmental performance for long-term sustainability.

“Babson Capital and Gryphon Investors have enjoyed a long and successful partnership, working together to realize positive results for our investors across many platform opportunities,” said Alex Earls, head of the Business Services Group for Gryphon Investors. “The depth of their team and the wealth of experience they bring to bear on middle-market transactions made Babson Capital an ideal partner to support Gryphon Investors’ acquisition of Trinity Consultants.”

“Trinity Consultants is a leader in its segment of the environmental services industry and the addition of Gryphon Investors’ team to an already strong management group will facilitate execution of a well-defined growth strategy,” said Rick Spencer, managing director and co-head of the Mezzanine and Private Equity Group at Babson Capital. “Babson Capital is excited to join with our longtime partner Gryphon Investors in helping Trinity Consultants realize its significant growth potential.”

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 million to $75 million of its own capital in companies with sales ranging from $25 million 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.

About Babson Capital

Babson Capital Management LLC and its subsidiaries serve institutional investors around the globe and have $137.3 billion in assets under management as of Sept. 30, 2011. Through proprietary research and analysis and a focus on investment fundamentals, we develop products and strategies that leverage our broad array of expertise in fixed income, equities, alternative, structured products, debt financing for corporations and debt and equity financing for commercial real estate. Based in Boston and Springfield, Mass., and Charlotte, N.C., with offices in New York City and Los Angeles, the firm’s subsidiaries include Babson Capital Europe Limited in London, Babson Capital Australia Pty Ltd in Sydney, Cornerstone Real Estate Advisers LLC in Hartford, Conn., and Wood Creek Capital Management, LLC in New Haven, Conn.

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