Inflight's majority recapitalization of the business and operational partnership will enable Trinity to execute on its next phase of growth.
AUSTIN, Texas, Feb. 10, 2025 /PRNewswire-PRWeb/ -- Inflight Capital Partners LLC ("Inflight"), an operationally focused independent sponsor, today announced that it has partnered with Peninsula Capital Partners ("Peninsula") to make a strategic investment in Trinity Electrical Services, Inc. ("Trinity" or the "Company"), a leading provider of electrical installation and services to critical infrastructure across the southeast United States.
Founded in 2007 by Chad Hutchinson, Trinity provides best-in-class installation and repair services to firms designing complex electrical lighting for critical infrastructure, including major airfields, railyards, shipyards, and roadways. The Company is based in Baxley, GA, where it delivers its services "right first time, on time in full" to its regional customer base.
"We are excited to partner with the Trinity team to build a diversified and scaled platform focused on infrastructure electrification and lighting. Under Chad's guidance, Trinity has earned a stellar reputation in the marketplace and has delivered remarkably robust financial results through various economic cycles over the years. With our additional resources, we believe the Company is poised to capture greater market share and experience rapid growth in the coming years."
-Jim Pribble, Managing Partner, Inflight Capital Partners
"Peninsula Capital Partners was founded in 1995 and has completed over 145 platform investments over the years. Over time, we have developed a keen sense of the type of Independent Sponsors with whom we like to partner. Our greatest successes have come from working with Sponsors like Jim, Phillip, and Inflight Capital. Their unique combination of operating, investing, and corporate finance experience makes them ideal partners for Peninsula. We have the highest possible confidence in Inflight's ability to grow and scale the Trinity platform."
-Ty Clutterbuck, Partner, Peninsula Capital Partners
"This partnership is incredibly meaningful to Trinity Electrical Services. We had many options when it was time to investigate a sale – and the minute we met the Inflight team, we knew who to select. Jim and Phillip are real people with real experience who clearly care deeply about our Company and the people in it. With our new partnership, we are poised to rapidly scale our operations and diversify our offering. It's been our dream to bring what we've worked so hard to build to more customers across our region – and Inflight's capabilities and commitment to our success made them the right choice for us. We look forward to working closely with them moving forward."
-Chad Hutchinson, Founder and CEO, Trinity Electrical Services
About Inflight Capital Partners
Inflight Capital Partners is a private equity independent sponsor backed by some of the highest quality capital partners in the United States. We are former operators, bankers, and investment professionals investing in industrial manufacturing, technologies, services, and distribution businesses in North America.
About Peninsula Capital Partners
Since 1995, Peninsula Capital Partners has focused exclusively on supporting middle-market transactions with uniquely structured junior capital solutions, resulting in successful outcomes for hundreds of our transaction partners. Our history of dedicated funds, closed and exited investments, extensive independent sponsor partnerships, investing both minority and majority capital, and acting as either a deal participant or lead sponsor all make Peninsula Capital a uniquely experienced and capable capital provider.
About Trinity Electrical Services
Trinity Electrical Services is a leader in the installation, commissioning, and servicing of electrical lighting, instrumentation, and power systems in the critical infrastructure spaces. Since 2007, Trinity has built a top-tier reputation in the marketplace for responsiveness, quality, and professionalism.
Media Contact
Jim Pribble, Inflight Capital Partners, LLC, 1 5122104274, [email protected], www.inflightcp.com
SOURCE Inflight Capital Partners, LLC
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