Trivest Partners acquires GAL Power Systems

GAL Power Systems, an Ottawa-based provider of critical power and temperature control solutions, has been acquired by Florida-based private equity firm Trivest Partners. The deal includes a recapitalization to accelerate growth and expansion into the U.S.

“Trivest's acquisition and recapitalization of GAL Power will help the company accelerate its growth, further its expansion into the U.S. and assist in seeking additional acquisition targets as they expand their market share within North America.”newswire.ca

• 2 sources
• newswire.caWelchGroup Consulting Announces the Recapitalization and Sale of GAL Power Systems Ltd. to Florida-based Private Equity Firm, Trivest PartnersWelch LLPAug 24, 2018
• obj.caOttawa’s GAL Power acquired by U.S. private equity firmOBJ staffAug 24, 2018

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