Auburn Hills, MI – Trialon Corporation (“Trialon” or the “Company”), a portfolio company of Resilience Capital Partners (“Resilience”), has been acquired by Element Materials Technology (“Element”). Hennepin Partners served as Trialon’s exclusive financial advisor and Jones Day served as legal counsel.
Headquartered in Auburn Hills, Michigan, Trialon is a leading provider of testing, validation, engineering and lab services primarily serving globally recognized electrical / electronic components / systems, safety and mobility technology companies. Trialon’s capabilities include environmental, electro-magnetic compatibility, materials and vibration testing primarily serving the transportation industry. During its ownership, Resilience more than doubled Trialon’s testing capacity within its existing laboratory footprint, added a state-of-the-art testing center in Auburn Hills and transformed the Company’s profile into a comprehensive testing partner for its marquee transportation customers. Trialon’s specialists also perform and manage testing programs in customer facilities.
“Given Trialon’s growth trajectory after significantly investing in the business including a world-class management team, we felt it was time to find the right partner for Trialon’s next chapter. The company still has tremendous opportunity and is well positioned in the ever-evolving transportation industry,” said Bassem Mansour, co-CEO of Resilience.
William Tobin, Partner at Resilience, added, “Trialon is a great case study of investing in a family-owned business and underwriting a thoughtful capital expansion plan around solid fundamentals in a growing industry. It has been a pleasure working with management on the transformation of Trialon during our ownership to drive a strong outcome for all stakeholders.”
Jacob Farmer, CEO of Trialon Corporation, said, “This acquisition and the opportunity to partner with a global leader like Element is an exciting step forward for our business, employees and customers. The Hennepin Partners team was an invaluable resource in this process. Hennepin’s team of senior bankers provided the transaction expertise and industry knowledge necessary to achieve a successful outcome for the shareholders.”