Articles

The Work of International Transmission Company

The largest independently-owned electric transmission company in the United States is International Transmission Company, founded in 2003. It was formerly owned by DTE Energy, the parent of Detroit Edison. Part of the business strategy used by ITC included operating, maintaining, and investing in transmission infrastructure to boost system unity and reliability while cutting down on…Continued

Cabinetry Excellency with Norcraft Companies

Norcraft Companies, L.P. continues to be at the forefront when it comes to U.S.-based manufacturing, building and finishing of kitchen and bathroom cabinetry, a position it has held since the 1960s. The company has a richly extensive line of premium quality cabinetry, where customers can choose from stock and high-end, semi-custom cabinetry in construction that…Continued

The Many Achievements of Global Crossing

Shortly after its founding in March 1997, Global Crossing Ltd. (“Global Crossing”) would go on to become the first independent provider of long-distance telecommunications facilities and services around the world boosted by a detailed network of undersea digital fiber optic cable systems and related terrestrial backhaul abilities. Global Crossing came to be known as a…Continued

The Enormous Success of Standard Steel, LLC

Standard Steel, LLC has its headquarters in Pittsburgh, Philadelphia, and it remains a leading North American integrated steel wheel and axle manufacturer intended for use in freight railcars, locomotives, and passenger cars. Standard Steel has the distinction of being the sole wheel manufacturer to utilize the forging process, which creates wheels known for its exceptional…Continued

An Introduction to TNP Enterprises

Trimaran’s first private equity fund led by the soon to be private LBO of TNP Enterprises, Inc. (“TNP”), which was the first leveraged buyout of an integrated electric utility that was also investor-owned. TNP was the parent company of Texas New Mexico Power Company (“TNMP”) and First Choice Power, Inc. (“First Choice”), which collectively functioned…Continued

El Pollo Loco Serves Healthier Mexican Fare

El Pollo Loco (Spanish for “The Crazy Chicken”) is the nation’s leading quick-service restaurant chain focusing on flame-grilled chicken and other meals inspired by Mexico. Founded in the 1970s in Guasave, Mexico, El Pollo Loco’s astounding success comes from the unique way it prepares its fresh, award-winning “pollo” which is marinated using a distinct recipe…Continued

Learn More About Trimaran Capital Partners

Some of the greatest ideas and businesses in the world begin by having a professional and experienced investment team ready to help an individual bring their groundbreaking vision to life. With the right investment firm behind a business and a solid, competitive business plan, success is practically guaranteed. Founded in 1998, Trimaran Capital Partners (also…Continued

Fortune Brands Reaches Agreement to Acquire Norcraft

Business Wire DEERFIELD, Ill. — March 30, 2015 Fortune Brands Home & Security (NYSE: FBHS) has signed an agreement to acquire Norcraft Companies, Inc., a leading, publicly-owned manufacturer of kitchen and bathroom cabinetry. “The combination of the two best cabinet businesses in North America is exciting,” said Chris Klein, chief executive officer, Fortune Brands. “Norcraft…Continued

Standard Steel to be Sold to Sumitomo Metals Industries, Ltd. and Sumitomo Corporation

Pittsburgh, PA, June 27, 2011 – Standard Steel, LLC, a portfolio company of Trimaran Capital Partners, announced today its parent company, Steel Wheels Acquisition Corporation, will be sold to Sumitomo Metals Industries, Ltd. and Sumitomo Corporation.  Standard Steel is a leading manufacturer of steel wheels and axles for use in freight railcars, locomotives and passenger…Continued

Trimaran buys Standard Steel

by Kelly Holman Posted 03:04 EST, 5, Jun 2006  Trimaran Capital Partners LLC said Monday, June 5, it agreed to buy a majority stake in railcar wheelmaker Standard Steel LLC from  Citicorp Mezzanine Partners LP in a deal a source said was valued at about $200 million. The Pittsburgh-based target generated more than $125 million…Continued

ITC Holdings Signs Agreement to Acquire Michigan Electric Transmission Company

Customers to realize benefits from joint operations and coordinated planning, leading to a more competitive wholesale marketplace and robust system  NOVI, Mich. and ANN ARBOR, Mich., May 12, 2006 /PRNewswire-FirstCall via COMTEX News Network/ — ITC Holdings Corp. (NYSE: ITC) (“ITC Holdings”) today announced it has signed a definitive agreement to acquire all of the…Continued

EL POLLO LOCO BUSINESS SOLD

The new owner wants to upgrade and expand the popular regional fast-food chicken chain. In the southwestern United States, El Pollo Loco Inc. – Spanish for “The Crazy Chicken” – is a fast-food icon. The fast-casual restaurant chain offers high-quality food – mainly Mesquite-cooked chicken – and a unique Mexican decor that distinguishes it from…Continued

Trimaran Is Crazy About American Securities’ El Pollo Loco

By Jonathan Matsey Food & Beverage 9/29/2005 – American Securities Capital Partners has agreed to sell Mexican-style chicken restaurant chain El Pollo Loco Inc. to Trimaran Capital Partners. The deal was valued at about $400 million, according to a person familiar with the transaction. Andrew Heyer, managing partner at Trimaran, said that Bank of America…Continued

REDDY ICE HOLDINGS, INC. ANNOUNCES CLOSING OF ITS INITIAL PUBLIC OFFERING

AUGUST 15, 2005 – DALLAS, TEXAS – Reddy Ice Holdings, Inc. (“Reddy Ice”) (NYSE: FRZ) announced today that it had consummated on August 12, 2005 its initial public offering of 11,730,000 shares of common stock, of which 6,911,765 shares were offered by Reddy Ice and 4,818,235 were offered by stockholders of Reddy Ice. The shares…Continued

ITC Holdings Corp. Prices Its Initial Public Offering

Novi, Michigan – July 26, 2005 – ITC Holdings Corp. (NYSE:ITC) today announced that it has priced its initial public offering of 12,500,000 shares of common stock at $23.00 per share. 10,000,000 of the shares of common stock will be sold by the principal stockholder of ITC Holdings Corp., International Transmission Holdings Limited Partnership, and…Continued

Transportation Technologies Industries, Inc. Signs Agreement to Be Acquired By Accuride Corporation and Creates One of the Largest Stand-Alone Diversified Component Suppliers to Medium and Heavy-Duty Commercial Vehicle Industry

Chicago, December 27, 2004 – Transportation Technologies Industries, Inc. (“TTII”), a leading manufacturer and supplier of components and subassemblies for the medium and heavy-duty truck market, today announced that it has signed a definitive agreement to be acquired by Accuride Corporation, Evansville, IN, North America’s largest manufacturer and supplier of wheels for medium and heavy-duty…Continued