mynth
04/2024

TRENCH GROUP acquired by TRITON PARTNERS

GERMANY Industrial Equipment / Components / Electrical Equipment REV 450M - 900M EUR

Context

Triton acquired the Trench business from Siemens Energy. The deal allows Siemens Energy to sharpen its portfolio while giving Trench the independence to invest in capacity expansion to meet the booming demand for grid infrastructure. Triton supported the carve-out and setup of standalone functions.

TRENCH GROUP, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Industry & Manufacturing sector (11.6x).

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Target

Trench Group is a global leader in high-voltage grid components, including bushings, instrument transformers, and coils. These critical components are used by utilities to measure, protect, and control the flow of electricity in transmission and distribution grids. The group employs ~2,400 people and operates 9 factories globally.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (EUR)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Revenue range: 450M - 900M EUR

EBITDA range: 50M - 100M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TRENCH GROUP by TRITON PARTNERS are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: triton partners