Levine Leichtman Capital Partners Sells Trinity Consultants Stake To Oak Hill Capital
Levine Leichtman Capital Partners has sold its ownership stake in portfolio company Trinity Consultants, Inc. to Oak Hill Capital. Trinity Consultants is a provider of regulatory-driven environmental, health & safety (“EHS”), engineering and sciences consulting services.
Andrew Schwartz, Partner at LLCP, said, “Jay Hofmann and the entire Trinity Consultants team have built a truly unique business that is well-positioned for continued growth as a result of its incredible culture built around great people, broad employee ownership and excellent client service. The Trinity Consultants investment has been very successful for both LLCP and the Company’s employee shareholders, driven by organic growth and the execution of strategic M&A which has expanded its service offerings, end markets and geographic breadth. We are excited for the future of Trinity Consultants and wish the team continued success in their next chapter with Oak Hill.”
Over the course of LLCP’s investment, Trinity Consultants completed 17 acquisitions. The sale is LLCP’s sixth recent exit, following Nothing Bundt Cakes, ZorgDomein, Jonathan Engineered Solutions, Futurewhiz and Pacific Handy Cutter.
Baird served as lead financial advisor to Trinity Consultants, with support from Piper Sandler, and Kirkland and Ellis LLP served as legal counsel in connection with the sale. Trinity Consultants employees will maintain a significant minority ownership position; financial terms of the transaction were not disclosed.
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