WOODWARD PARK PARTNERS ADVISES TRIMAS IN ITS SALE OF ARROW ENGINE TO IES INFRASTRUCTURE SOLUTIONS
TriMas (NASDAQ: TRS) has sold its subsidiary Arrow Engine Company to IES Infrastructure Solutions , a division of IES Holdings, Inc. (NASDAQ: IESC). Arrow Engine, based in Tulsa, Oklahoma, specializes in natural gas-powered engines, compressors, and replacement parts for oil and gas production and industrial markets.
Arrow Engine's products are primarily distributed throughout the United States and Canada through a worldwide distribution network. The company manufactures its own engine line and provides spare parts for various industrial engines. The acquisition aligns with IES Holdings' portfolio, which includes electrical and technology systems installation and infrastructure services across various end markets including data centers, residential housing, and commercial facilities.
TriMas (NASDAQ: TRS) ha venduto la sua filiale Arrow Engine Company a IES Infrastructure Solutions, una divisione di IES Holdings, Inc. (NASDAQ: IESC). Arrow Engine, con sede a Tulsa, Oklahoma, è specializzata in motori alimentati a gas naturale, compressori e parti di ricambio per la produzione di petrolio e gas e mercati industriali.
I prodotti di Arrow Engine sono principalmente distribuiti negli Stati Uniti e in Canada attraverso una rete di distribuzione globale. L'azienda produce la propria linea di motori e fornisce parti di ricambio per vari motori industriali. L'acquisizione si allinea al portafoglio di IES Holdings, che comprende installazione di sistemi elettrici e tecnologici e servizi di infrastruttura in vari mercati finali, tra cui centri dati, abitazioni residenziali e strutture commerciali.
TriMas (NASDAQ: TRS) ha vendido su subsidiaria Arrow Engine Company a IES Infrastructure Solutions, una división de IES Holdings, Inc. (NASDAQ: IESC). Arrow Engine, con sede en Tulsa, Oklahoma, se especializa en motores de gas natural, compresores y piezas de repuesto para la producción de petróleo y gas y mercados industriales.
Los productos de Arrow Engine se distribuyen principalmente en los Estados Unidos y Canadá a través de una red de distribución mundial. La empresa fabrica su propia línea de motores y proporciona piezas de repuesto para varios motores industriales. La adquisición se alinea con el portafolio de IES Holdings, que incluye la instalación de sistemas eléctricos y tecnológicos y servicios de infraestructura en varios mercados finales, incluyendo centros de datos, vivienda residencial y instalaciones comerciales.
TriMas (NASDAQ: TRS)는 Arrow Engine Company를 IES Holdings, Inc. (NASDAQ: IESC)의 부서인 IES Infrastructure Solutions에 매각했습니다. 오클라호마주 털사에 본사를 둔 Arrow Engine은 천연 가스 엔진, 압축기 및 석유와 가스 생산 및 산업 시장을 위한 교체 부품을 전문으로 하고 있습니다.
Arrow Engine의 제품은 세계적인 유통망을 통해 주로 미국과 캐나다 전역에 배포됩니다. 이 회사는 자체 엔진 라인을 제조하며 다양한 산업용 엔진을 위해 예비 부품을 제공합니다. 이 인수는 IES Holdings의 포트폴리오와 일치하며, 이 포트폴리오에는 데이터 센터, 주거 주택 및 상업 시설을 포함한 다양한 최종 시장에 걸친 전기 및 기술 시스템 설치 및 인프라 서비스가 포함됩니다.
TriMas (NASDAQ: TRS) a vendu sa filiale Arrow Engine Company à IES Infrastructure Solutions, une division d'IES Holdings, Inc. (NASDAQ: IESC). Arrow Engine, basé à Tulsa, Oklahoma, se spécialise dans les moteurs fonctionnant au gaz naturel, les compresseurs et les pièces de rechange pour la production de pétrole et de gaz ainsi que pour les marchés industriels.
Les produits d'Arrow Engine sont principalement distribués à travers les États-Unis et le Canada via un réseau de distribution mondial. L'entreprise fabrique sa propre gamme de moteurs et fournit des pièces de rechange pour divers moteurs industriels. L'acquisition s'aligne avec le portefeuille d'IES Holdings, qui comprend l'installation de systèmes électriques et technologiques ainsi que des services d'infrastructure dans divers marchés finaux, y compris les centres de données, le logement résidentiel et les installations commerciales.
TriMas (NASDAQ: TRS) hat seine Tochtergesellschaft Arrow Engine Company an IES Infrastructure Solutions verkauft, eine Division von IES Holdings, Inc. (NASDAQ: IESC). Arrow Engine mit Sitz in Tulsa, Oklahoma, spezialisiert sich auf mit Erdgas betriebene Motoren, Kompressoren und Ersatzteile für die Öl- und Gasproduktion sowie industrielle Märkte.
Die Produkte von Arrow Engine werden hauptsächlich in den Vereinigten Staaten und Kanada über ein weltweites Vertriebsnetz vertrieben. Das Unternehmen stellt seine eigene Motorenreihe her und bietet Ersatzteile für verschiedene Industrie-Motoren an. Die Übernahme passt zu dem Portfolio von IES Holdings, das die Installation von Elektro- und Technologiesystemen sowie Infrastrukturdienstleistungen in verschiedenen Endmärkten, darunter Rechenzentren, Wohnbau und gewerbliche Einrichtungen, umfasst.
- Strategic divestment allowing TriMas to focus on core business segments (Packaging, Aerospace, and Specialty Products)
- Reduces exposure to cyclical oil and gas industry
- Reduction in revenue stream and market diversification
- Decreased presence in the industrial energy sector
Insights
The divestiture of Arrow Engine marks a significant strategic realignment for TriMas , reflecting a deliberate shift away from the cyclical oil and gas equipment sector. This transaction carries several key implications:
Strategic Benefits:
- Portfolio Optimization: The sale allows TriMas to streamline its business model and focus resources on its core segments - packaging, aerospace and specialty products - which typically command higher margins and more stable growth trajectories.
- Risk Reduction: By divesting Arrow Engine, TriMas reduces its exposure to the volatile oil and gas sector, potentially leading to more predictable revenue streams and improved valuation multiples.
- Capital Reallocation: The proceeds from this sale could be reinvested in higher-growth opportunities within TriMas' core segments or used for debt reduction.
Market Context: This transaction aligns with broader industry trends where industrial conglomerates are streamlining their portfolios to focus on core competencies. For IES Infrastructure Solutions, Arrow Engine's natural gas-powered equipment complements their existing electro-mechanical solutions portfolio, particularly in industrial and data center applications.
While specific transaction terms weren't disclosed, this divestiture should enhance TriMas' operational focus and potentially lead to improved margins and more consistent earnings growth. The move signals management's commitment to optimizing the company's business mix and creating shareholder value through strategic portfolio management.
Arrow Engine Company (www.arrowengine.com) Arrow Engine is a provider of natural gas-powered engines, typically used in remote applications such as oil field pump jacks, and compressors and replacement parts, which are engineered for use in oil and natural gas production and other industrial markets. Arrow Engine distributes its products through a worldwide distribution network, primarily focused on
IES Holdings (NASDAQ: IESC) (www.ies-co.com), IES designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities. IES has more than 9,000 employees and serves clients in
TriMas (NASDAQ: TRS) (www.trimas.com), TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. TriMas has approximately 3,500 dedicated employees in 13 countries that provide customers with a wide range of innovative and quality product solutions through market-leading businesses.
ABOUT WOODWARD PARK PARTNERS
Woodward Park Partners (www.woodwardparkpartners.com) is a middle-market focused investment banking firm. The firm specializes in providing high-touch advisory services with unparalleled senior professional involvement to financial sponsors, private business owners and publicly-traded companies. The firm's expertise covers a wide spectrum of transaction types, including private company sales, divestitures, mergers & acquisitions and other financial advisory engagements.
For media inquiries, please contact info@woodwardparkpartners.com or (248) 717-0097
View original content to download multimedia:https://www.prnewswire.com/news-releases/woodward-park-partners-advises-trimas-in-its-sale-of-arrow-engine-to-ies-infrastructure-solutions-302371467.html
SOURCE Woodward Park Partners
FAQ
What impact will the Arrow Engine sale have on TriMas (TRS) business operations?
How will the Arrow Engine divestment affect TRS market positioning?
What is the geographical impact of TRS selling Arrow Engine?
What markets will TRS focus on after the Arrow Engine sale?
