Triton Fund V Completes Acquisition of Siemens Energy’s Trench Business

Triton Fund V Completes Acquisition of Siemens Energy’s Trench Business

(IN BRIEF) Triton Fund V, under Triton’s advisement, has finalized the acquisition of Siemens Energy’s Trench business, a leading manufacturer of high-voltage grid components. Trench, renowned for its expertise and global presence with nine factory locations and 2,400 employees worldwide, specializes in crucial components for energy infrastructure. Positioned to thrive amidst the Energy Transition, Triton sees Trench as a strategic investment, aligning with its focus on acquiring technologically advanced companies with substantial growth potential. With a track record in high-voltage electrical equipment businesses and successful corporate carve-outs from major corporations, Triton aims to leverage its expertise to drive Trench’s success in the evolving energy landscape.

(PRESS RELEASE) FRANKFURT, 2-Apr-2024 — /EuropaWire/ — Triton Fund V advised by Triton (“Triton”) has successfully completed the acquisition of Siemens Energy’s Trench business.

Trench specializes in the manufacturing of high-voltage grid components including bushings, instrument transformers and coil products, sold under the brands Trench and HSP. The business is a global leader in its markets, with 2.400 employees and nine factory locations across the globe: including Austria, Bulgaria, Canada, China, France, Germany, Italy. Trench is ideally positioned to enable and benefit from the Energy Transition which constitutes a key investment theme for Triton.

Trench is at the heart of Triton’s investment focus to acquire market leading companies with high growth potential and a technological edge. Triton has a strong understanding and expertise of high voltage electrical equipment businesses based on previous experience in the sector and its investments in companies such as EQOS and Sediver. Additionally, Triton has successfully executed numerous corporate carve-outs from blue chip cooperations such as Bosch, SGL Carbon, Siemens, SKF, Voith and Volkswagen, among others.

About Triton

Founded in 1997 and owned by its partners, Triton is a leading European mid-market sector-specialist investor. Triton focuses on businesses that provide important goods and services in the Business Services, Industrial Tech, Healthcare, and Consumer sectors.

Triton has over 200 investment professionals across 11 offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.

For further information: www.triton-partners.com

Media Contact:

Anja Schlenstedt
Phone: +49 69 9210 2190

SOURCE: Triton Investments Advisers LLP