Allied Industrial Partners acquires Trinity Industrial
The founders-led platform provides specialty rental, hydrovac, crane, traffic control, and disaster response services to utility, energy infrastructure, and industrial customers along the Gulf Coast.
Infrastructure build-out across the Southeast has created tailwinds for equipment and services providers.
Allied Industrial Partners is capitalizing on the trend with a majority investment in Trinity Industrial, an equipment rental and specialty services company headquartered in Broussard, Louisiana.
Trinity Industrial was founded in 2020 by Jonathan and Patrick Foreman.
The company offers a range of services including general and specialty rental equipment, hydrovac excavation, crane services, traffic control, and disaster response.
Its customer base spans utility, energy infrastructure, and industrial end markets along the Gulf Coast, with a strong footprint in South Louisiana.
The Foreman brothers and senior management will retain a meaningful equity stake and continue to lead the business.
For Allied Industrial Partners, the deal marks a platform investment in a sector where infrastructure and utility build-out across the Southeast are creating sustained equipment and service demand.
The firm plans to support organic expansion and pursue add-on acquisitions to broaden Trinity’s reach in industrial, energy, and utility end markets.
Allied was founded in 2019 and manages over $1 billion in assets, thematically investing in high-growth industrial companies including those in industrial rentals, manufacturing, distribution, environmental services, and critical infrastructure.
The firm’s buy-and-build approach targets platform companies that can be scaled through acquisitions and operational improvements.
Trinity’s Gulf Coast presence and service offering, the firm’s co-founders said, align with its track record of building infrastructure-focused businesses.