Trystar

Faribault, United States Founded: 1992 • Age: 34 yrs Acquired By Blackstone
Industrial power distribution equipment is manufactured by Trystar.

About Trystar

Trystar is a company based in Faribault (United States) founded in 1992 was acquired by Blackstone in July 2024.. The company has 143 employees as of December 31, 2020. Trystar has completed 8 acquisitions, including Controlled Power Company, Cyber Sciences and Load Banks Direct.

  • Headquarter Faribault, United States
  • Employees 143 as on 31 Dec, 2020
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    143

    as on Dec 31, 2020

  • Investments & Acquisitions
  • Acquired by
    Blackstone

    (Jul 16, 2024)

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People of Trystar
Headcount 200-500
Employee Profiles 17
Employee Profiles
People
Joey MacOurek
Mergers And Acquisitions Controller
People
Swapna Makam
Data Reporting Analyst
People
Jasmeet Singh
Head Of Data And AI
People
John Dixon
Chief Operating Officer

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Funding Insights of Trystar

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Trystar

Trystar has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blackstone. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Trystar

Trystar has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Controlled Power Company, Cyber Sciences and Load Banks Direct. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Custom designer of steel buildings
2017
Monitoring and control products for electrical distribution systems are provided.
2000
Power conversion systems, modules, and controllers are manufactured.
1997
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Trystar

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Trystar Comparisons

Employees
+
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Competitors of Trystar

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Trystar

Frequently Asked Questions about Trystar

When was Trystar founded?

Trystar was founded in 1992.

Where is Trystar located?

Trystar is headquartered in Faribault, United States. It is registered at Faribault, Minnesota, United States.

Who is the current CEO of Trystar?

Andrew J Smith is the current CEO of Trystar.

How many employees does Trystar have?

As of Dec 31, 2020, the latest employee count at Trystar is 143.

What does Trystar do?

Trystar was founded in 1992 and is headquartered in Faribault, United States. Industrial power distribution equipment is produced by the company for various sectors, including construction and events. Operations focus on designing and supplying temporary power solutions, such as distribution panels and switchgear. Services encompass engineering support and customization to meet client needs in North American markets. Leadership is provided by CEO Andrew J Smith.

How many acquisitions has Trystar made?

Trystar has made 8 acquisitions, including Controlled Power Company, Cyber Sciences, and Load Banks Direct.

Who are Trystar's investors?

Trystar has 1 investor. Key investors include Blackstone.

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