Trystar, LLC

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Trystar, LLC - overview

Established

1992

Location

Faribault, MN, US

Primary Industry

Power & Utilities

About

Based in the US, Trystar, LLC specializes in providing customized power solutions, ensuring reliable power connectivity across various critical applications, including healthcare and military sectors. Trystar, LLC designs customized power solutions for critical applications, founded in 1992 in Faribault, US. The company has engaged in 2 significant deals, with the most recent occurring on July 15, 2024. The CEO, AJ Smith, leads the company, which operates independently without reported subsidiaries.


Trystar specializes in the design and manufacture of customized power solutions tailored for diverse applications, ensuring reliable power connectivity in critical situations. Their core product offerings include a wide range of power distribution equipment, load banks, inverters, and transformers, engineered to maintain operational integrity during unexpected power interruptions. These solutions are utilized across various industries such as healthcare, entertainment, military, government, and education, with a focus on robust and portable power systems for high-demand scenarios. Trystar’s clientele includes data centers, event organizers, and emergency management agencies, all relying on these innovative solutions for data integrity and seamless functionality.


The company's products are marketed in North America, Europe, and parts of Asia, where reliable power solutions are essential for both temporary and long-term use. Trystar’s revenue model is primarily driven by direct business-to-business transactions, focusing on tailored power solutions for a diverse client base. The company partners with sectors like healthcare, event organizers, and industrial clients, facilitating large-scale orders of flagship products such as eLITE inverters and portable load banks. Transactions often involve substantial contracts for customized solutions, with clients placing bulk orders to ensure comprehensive power distribution during critical events.


Pricing plans are structured around the complexity and scale of the provided solutions, emphasizing Trystar's commitment to delivering high-quality, engineered power solutions while fostering long-term customer relationships. In July 2024, Blackstone Group agreed to acquire Trystar, LLC from Goldner Hawn, which will enable the company to expand its power management solutions and strengthen its position in the distributed power generation market. This acquisition is expected to support Trystar's strategy for future growth, including the development of new products to meet emerging market needs and expand into additional geographic regions.


Current Investors

Goldner Hawn

Primary Industry

Power & Utilities

Sub Industries

Electric Utilities, Electrical, Plumbing & Hardware Distributors, Electronic Components

Website

www.trystar.com/

Verticals

Manufacturing

Company Stage

Mature

Total Amount Raised

Subscriber access only

Trystar, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedITI Powered-
Secondary BuyoutCompletedTrystar, LLC-
Add-onCompletedTotal Plant Managment Group, Inc.-
RecapitalisationCompletedTrystar, LLC-

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