Goldner Hawn-backed Trystar hires Smith as CEO

Trystar, which is backed by Goldner Hawn, has named Andrew Smith as CEO. Previously, Smith worked at Resideo. Minneapolis-based Trystar is a provider of temporary electrical power distribution products for the power rental, industrial, commercial utility and emergency back-up markets.

PRESS RELEASE

MINNEAPOLIS, Minn. – Goldner Hawn is pleased to announce the hiring of Andrew (“AJ”) Smith as the Chief Executive Officer of Trystar. AJ succeeds founder and former Chief Executive Officer, Rick Dahl, as part of his planned transition to a Board of Directors role.

“AJ is a hands-on leader who will build upon the strong Trystar culture, which is core to this world-class business,” said Tim Johnson, Trystar Chairman and Partner at Goldner Hawn. “He is a strong, capable leader who has worked with high-performing companies to deliver outstanding customer service and results”. AJ joins Trystar from Resideo, a multi-billion dollar spin-off of Honeywell. AJ began his career at Cargill, and held subsequent leadership roles at Eaton and Honeywell.

About Trystar
Trystar, the newest platform investment of Goldner Hawn, is a market leading manufacturer offering temporary electrical power distribution products for the power rental, industrial, commercial utility and emergency back-up markets. Founded in 1991, Trystar has a reputation of delivering custom solutions with industry leading technology and quality. For more information about Trystar, please visit www.trystar.com.

About Goldner Hawn
Goldner Hawn, L.P. was founded in 1989 in Minneapolis, Minnesota and has been a source of private capital to leading lower middle market companies for the past 30 years. With an investment philosophy centered on the principle of partnership, Goldner Hawn focuses on partnering with management teams of businesses with $5 million to $20 million of EBITDA in industries including industrial manufacturing, value-added distribution, consumer products and services, and outsourced business services. Goldner Hawn has made over 40 platform investments in companies with total transaction values approaching $3 billion. For more information, call 612-338-5912 or visit www.goldnerhawn.com.