Allied Industrial Partners announced a majority investment in Trinity Industrial, an equipment rental and specialty services platform serving industrial, utility, and energy infrastructure customers throughout the Gulf Coast region. Financial terms of the transaction were not disclosed.
Founded in 2020 and headquartered in Broussard, Louisiana, Trinity Industrial provides general and specialty rental equipment, hydrovac excavation, crane services, traffic control, and disaster response services across the Gulf Coast.
The company serves customers operating in utility, industrial, and energy infrastructure sectors and has expanded operations throughout South Louisiana and the broader Gulf Coast market.
Trinity Industrial will continue to be led by founders Jonathan Foreman and Patrick Foreman, along with the company’s existing senior management team, which will retain ownership stakes in the business alongside Allied Industrial Partners.
According to Allied, the investment is intended to support Trinity’s continued expansion across multiple infrastructure-related end markets, benefiting from increased utility and industrial buildout activity throughout the Southeast.
The private equity firm said it sees opportunities to grow the platform through both organic expansion and additional acquisitions.
Allied Industrial Partners focuses on lower-middle-market industrial businesses across sectors, including industrial rentals, manufacturing, distribution, environmental services, and infrastructure.
The firm currently manages more than $1 billion in assets.
KEY QUOTES:
“We are excited to partner with Jonathan, Patrick, and the team at Trinity to scale the platform into a leading Gulf Coast rental and specialty services provider.”
“Trinity’s entrepreneurial culture, strong customer relationships, and footprint in high-growth end markets align closely with Allied’s track record of building resilient, infrastructure-focused businesses.”
“We see many opportunities to grow the business through additional acquisitions as well as organically.”
Bradford Rossi And Philip Wright, Co-Founders And Managing Partners, Allied Industrial Partners
“We founded Trinity to be the go-to equipment rental and specialty services provider for industrial and utility customers, and this partnership will help fuel the next step in our evolution.”
“Allied shares our growth mindset and values, and we are confident this partnership will allow us to expand our footprint and serve more customers in increasingly vital sectors.”
Jonathan Foreman And Patrick Foreman, Co-Founders, Trinity Industrial
