Amteck, a portfolio company of Trive Capital, has acquired Madison, Mississippi-based Southeastern Automatic Sprinkler Co., a fire suppression company. No financial terms were disclosed.
Amteck recently completed the acquisition of Southeastern Automatic Sprinkler Co., a fire suppression business based in Madison, Mississippi. Southeastern has a long-established reputation for excellence in the marketplace, deep customer relationships, and a talented team of tenured professionals. The acquisition brings a new capability to Amteck’s robust service offerings and further expands Amteck’s physical presence in the fast-growing Southeastern United States.
“We are excited about adding another channel of growth for Amteck that has compelling synergies with our existing end-user focused Electrical Services and Technologies divisions.” said Desmond Henry, Managing Director of Trive Capital. “We look forward to executing on Amteck’s growth strategy with Southeastern which will help the business provide exceptional service to its customers, offer great career opportunities for employees, and further diversify and strengthen Amteck.”
“Southeastern is Amteck’s third acquisition in ten months, as we continue to find very interesting opportunities to grow both Amteck’s capabilities and geographic coverage.” added Conner Searcy, Trive Capital Founder and Managing Partner.
Trive Capital is a Dallas, Texas-based private equity firm managing over $2 billion in capital and invests in both equity and debt in order to create bespoke, tailored capital solutions. Trive was formed in 2012 and focuses on investing in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. Trive seeks to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas. Since 1998, Trive’s team members collectively have successfully sourced, executed and managed more than 50 transactions across a range of industries, representing over $5 billion in aggregate revenue both before and while affiliated with Trive.