MIAMI, FL – (August 21, 2018) Trivest Partners (“Trivest”) announces it has recapitalized GAL Power Systems (“GAL Power” or the “Company”). This transaction marks the 1st platform investment of Trivest Fund VI.
GAL Power is a leading Canadian provider of commercial and industrial generator sets and climate control systems. Headquartered in Ottawa, the Company operates out of 8 facilities across Ontario and Quebec.
GAL Power has four primary business segments: Sales, Service, Rental and Fuel Services, all of which work together to provide customers with integrated power solutions for both emergency back-up and prime power applications. Over it’s 33+ year history, the Company has built a leading market position in Canada, developing a reputation for exceptional customer service and expertise. GAL Power benefits from recurring service revenue and maintains long-standing relationships across all its business segments with customers throughout a variety of industries.
With Trivest’s support, GAL Power plans to pursue multiple identified growth initiatives in the coming years while also actively pursuing strategic add-on acquisitions throughout Canada and the U.S.
For additional information, please visit www.galpower.com.
About Trivest Partners:
Trivest Partners is a private investment firm that focuses on partnering with founder/family-owned businesses in the United States and Canada. Since its founding in 1981, Trivest has completed more than 250 transactions, totaling in excess of $6.0 billion in value. For additional information, please visit www.trivest.com.
