Allied Industrial Partners Acquires Trinity Industrial
The deal positions the equipment rental and specialty services platform to serve growing infrastructure and utility demand across the Gulf Coast.
Buyer
Allied Industrial Partners
- Target
- Trinity Industrial
- Deal type
- Platform
- Sector
- Industrials
Targeting the surge in infrastructure and utility projects across the Southeast, Allied Industrial Partners has acquired a majority stake in Trinity Industrial, an equipment rental and specialty services company based in Broussard, Louisiana.
The investment creates a platform for the private equity firm to participate in accelerating infrastructure build-out along the Gulf Coast.
Trinity Industrial, founded in 2020, provides general and specialty rental equipment, hydrovac excavation, crane services, traffic control, and disaster response to utility, energy infrastructure, and industrial customers.
The company operates primarily in South Louisiana and across the broader Gulf Coast.
Founders Jonathan and Patrick Foreman, along with other senior managers, will continue to lead the business and retain a meaningful ownership stake.
Allied Industrial Partners, formed in 2019, manages over $1 billion in assets and focuses on lower- industrial companies.
Its portfolio spans industrial rentals, manufacturing, distribution, environmental services, and critical infrastructure.
The firm pursues buy-and-build strategies to scale investments through acquisitions and operational improvements.
No financial terms or advisors were provided.
The transaction closed with the announcement and does not include disclosed financing details.
The Foreman brothers said the partnership will help Trinity expand its footprint and serve more customers in what they called increasingly vital sectors.