Audax Group Announces the Acquisition of TriMark USA.BOSTON -- Audax Group today announced it has completed the acquisition of TriMark USA, Inc. ("TriMark") from Bradford Equities Management, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control of White Plains, New York For other places with the same name, see White Plains (disambiguation). White Plains is a city in south-central Westchester County, New York, about 4 miles (6 km) east of the Hudson River and . Headquartered in South Attleboro, Massachusetts South Attleboro is a part of Attleboro, Massachusetts, perhaps best known for the South Attleboro station on the Attleboro/Stoughton Line of the MBTA Commuter Rail. US 1 (the old Norfolk and Bristol Turnpike) and Route 1A (the old Lower Boston Post Road) pass through the area, , TriMark is a leading full-service distributor of foodservice equipment and supplies and a provider of design and engineering services to the over 10,000 customers nationwide, including restaurant, healthcare, entertainment, and other foodservice venues and facilities. Jerald Hyman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of TriMark, will continue to lead TriMark's management team. Geoffrey S. Rehnert, Co-CEO of Audax Group, said "TriMark has a leading market position in its core business, providing design and engineering services, equipment, and supplies to leading foodservice establishments. We look forward to working with Jerry Hyman and his experienced management team to build a national platform through organic growth and add-on acquisitions." Jerald Hyman, President and CEO of TriMark, said "We are excited to have Audax Group as our partner. Their experience sourcing and integrating add-on acquisitions will be a key asset for us to expand our supplies business nationally to complement our industry leading design and equipment services." Ropes & Gray LLP LLP - Lower Layer Protocol advised Audax Group. Bear, Stearns & Co. Inc. represented the company. GSO GSO abbr. general staff officer Capital provided acquisition financing and Citizens Bank of Rhode Island will provide the working capital facility. ABOUT AUDAX GROUP Audax Group, founded in 1999, is a leading investor in middle market companies. With offices in Boston and New York, Audax manages in excess of $2.4 billion in equity and mezzanine debt capital. For more information visit the Audax Group website http://www.audaxgroup.com |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion