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Triman Industries, A Portfolio Company Of Ae Industrial Partners, Acquires Brighton Cromwell And Crestwood Technology Group

Jan 05, 2022almost 4 years ago

Acquiring Company

Triman Industries

Acquired Company

Brighton Cromwell

MorristownSupply Chain ManagementLogisticsManufacturing

Description

AE Industrial Partners, LP ("AEI"), a private equity firm specializing in aerospace, defense & government services, space, power & utility services, and specialty industrial markets, announced today that its portfolio company Triman Industries ("Triman" or the "Company") has acquired Brighton Cromwell and Crestwood Technology Group ("CTG"). Shareholders from both Brighton Cromwell and CTG will retain significant ownership in the Company and remain in leadership roles going forward. Terms of the transactions were not disclosed.

Company Information

Company

Triman Industries

Location

Morristown, New Jersey, United States

About

Triman Industries, Inc. is a full-service, value-added distributor and worldwide provider of Military, Aerospace and Defense Industry components. Triman has mastered the business of partnering with suppliers and customers, forming the critical link in the supply chain between product and user. Our long-standing track record and reputation of excellence has enabled the establishment of strategic partnerships for successful business alliances and growth. We represent and support product lines on behalf of our OEM Partners to the United Stated Armed Forces, all Government Agencies (DLA, TACOM, NAVCOM, etc.), as well as to Primes and Sub-Primes, Foreign Armed Forces and Ministries of Defence. Our versatile portfolio of Land, Air & Sea product lines supports critical Military, Defense and Aerospace applications. Triman’s service capabilities include Export Management with an in-house Trade Compliance Dept. & Licensed U.S. Customs Broker, world-class inspection with resident DCMA QARs, and full-service packaging featuring contract military packaging, specialized aftermarket packaging, customized crating and palletizing, special product marking, 2D & 3D barcoding, RFID, WAWF & IUID. Triman was established in 1995 and has a 20,000 sf facility. We have the capacity to stock parts for our customers, and have a current inventory of over 25,000 parts. Triman’s well-balanced portfolio of authorized suppliers and a team of highly-trained, expert personnel, enable us to meet and exceed our customer requirements and maintain an excellent reputation within the Defense Industry.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed