blackstone acquires trilliant food

Press DJO Acquires Trilliant Surgical Dallas, TX (January 19, 2021) - DJO, LLC (DJO or the Company), a leading global provider of medical technologies to get and keep people moving, today announced the acquisition of Trilliant Surgical, a national provider of foot and ankle orthopedic implants. Kainos acquired it from Norwest Equity Partners in 2015 for an undisclosed sum (it typically invests $50 million to $150 million its portfolio companies). Trilliant provides high quality and consistent coffees with its state-of-the-art precision roasting system and time-tested roasting procedures. 214.740.7300 We had a strong relationship with Mike Upchurch dating back to our teams prior investment in Sturm Foods, a manufacturer of private label sugar free drink mixes and hot cereal, where Mike was also the CEO. No long term vision. Michael Upchurch's Phone Number and Email. DJO Acquires Trilliant Surgical | DJO Global This is the Trilliant Food & Nutrition company profile. Convene, 117 W 46th St, New York, April 19-20, 2023 Enter employee name to find & verify emails, phones, social links, etc. UnitedHealthcare creates and publishes the Machine-Readable Files on behalf of Trilliant Food & Nutrition. We are assigning a 'B-' corporate credit rating to the company. Prior to joining Trilliant, Steve led Energy and Information systems businesses through early-stage AMI deployments in Ontario, and spear-headed the development and operation of Ontarios first production AMI Smart Metering System built upon a managed services platform. Trilliant Food & Nutrition, LLC Information. They are not authored by Glassdoor. Mike is responsible for Trilliants Strategic Engagements, Applications & Integration Engineering, and Commercial Operations. DJO Acquires Trilliant Surgical | Business Wire Compliance. Dedicated to operational excellence by delivering business solutions and information services in demanding environments, Dan brings more than twenty-five years of hands-on experience in the Military & Defense, Telecom, Utilities, and B2B2C industries. The acquisition of Trilliant Surgical's leading product technologies and clinical efficacy supports DJO's focused expansion into the adjacent high-growth $1 billion US foot and ankle market. Seed, Series A, Private Equity), Whether an Organization is for profit or non-profit. High expectations for their staff, minimal supervision, and the compensation is above average. Acquisition furthers expansion into growing foot and ankle surgery market. Copyright 2001-2023 Trilliant Holdings Inc. and its subsidiaries. Trilliant Food & Nutrition Company Profile: Funding & Investors | PitchBook P. LANT. Chief Financial Officer & Chief Operations Officer, Senior Vice President, Global Solutions & Commercial Operations. DJO Acquires Trilliant Surgical - News - Catalyst Group Over his career, Chris has been nominated for CFO of the Year awards by several organizations and publications, including the Washington Business Journal and Northern Virginia Technology Council. No matter what variety you choose to enjoy, nearly forty years of crafting premium coffee is evident in every cup. B. ASED. By providing the most flexible, sustainable, reliable solutions available in the market today, we remain committed to providing the power of technology choice and to being your trusted advisor during The Energy Transition. Blackstone (BX.N) has found one that still does. Steve leads Trilliants Canadian operations and brings 20+ years of successful business experience leading both early-stage and established Energy Management, Utility Services, and Smart Metering/Grid businesses. Trilliant Food & Nutrition has an overall rating of 2.8 out of 5, based on over 64 reviews left anonymously by employees. The Company also provides a full suite of beverage solutions to retailers throughout North American under its own brand and retailers brands. UnitedHealthcare creates and . Nick received his Masters of Engineering degree from Sheffield University and has studied at the Cranfield School of Management. They had to let go of a lot of people because of poor management. Premium roasted espresso for any taste, any time. There is daily changes and no proper direction. Prior to joining Trilliant, Chris was CFO and CAO of venture-backed MBO Partners, Inc., a leading workforce solutions platform company. Having complete control from procurement through shipping ensures high-quality, consistently low cost products for our customers. You can take on a lot of different responsibilities. Funds are typically used to fund management buyouts, recapitalizations, and . Trilliant provides a value proposition to our private label customers that is unique in the industry. Zero trust in data driven solutions. Blackstone's decision to give up 1740 Broadway shocks real-estate observers. We are one of a few vertically integrated coffee manufacturers in the market today. S&P Global Ratings Credit Research. The company changed its name to Trilliant Food & Nutrition in 2013. Find top employees, contact details and business statistics at RocketReach. Lists Featuring This Company. Great people and products. versatile work experience allows you to grow in multiple areas personally if you are willing to work hard. We sold Trilliant in 2017, approximately two years into our partnership, after more than tripling the profitability of the business. Trilliant Food & Nutrition announced that it has received $291 million You can find out more about which cookies we are using or switch them off in settings. Our facility features the most current, high-speed equipment to support our commitment to quality, value, speed-to-market and innovation. He joined Trilliant in 2006, bringing more than 30 years of RF communications network expertise, plus 20+ years of experience in smart grid network and software solutions. Consumers are increasingly looking to fill their grocery carts with plant-based foods. Even their HR team quit. PAGE. This allows the Company to provide a full suite of beverage solutions to retailers throughout North America under its own and retailers brands. Mr. Bavishi currently focuses on new investment opportunities in Technology, Media & Telecom (TMT), and since joining Blackstone in 2013, he has been involved in the execution of the firm's investments in Ancestry, Bumble, Catalent, Ipreo, Kronos, Liftoff, Performance Food Group, Pinnacle Foods, [] Dan Lambert is Trilliants Chief Solutions Officer, responsible for Innovation, Portfolio and Product Management, Engineering, and Data Services & Analytics. Founded in Wisconsin since 1979, Trilliant offers a broad array of high-quality specialty coffees and beverages, ranging from coffee to cappuccinos, hot cocoas and much more. Trilliant Food & Nutrition Gains More Than 5,500 New Points of Distribution Via Hostess Branded Ready-to-Drink Iced Lattes Hostess Twinkies & Ding Dongs Iced Lattes Now Available at Retailers Nationwide, Including Our Newest Partner Walmart LITTLE CHUTE, Wis., Aug. 4, 2022 /PRNewswire/ -- Trilliant Food & Nutrition, a leading U.S. manufacturer of shelf stable, ready-to-drink (RTD . Trilliant is vertically integrated, meaning it sources, roasts, grinds and packages its own coffee beans, primarily in the single serve K-Cup format. trilliant coffee blackstoneshantae gba enhanced mode. Leveraged Loans: Outlook stable for integrated coffee firm Trilliant: Moodys, Emerging managers monitor: Tracking new fund formation, Investor Relations, Marketing & Communications Forum. Trilliant Food & Nutrition General Information. Select Black Stag items are also now available at most Sam's Club and BJ's Wholesale Club locations. from the University of California, Hastings College of the Law. Founded in Wisconsin since 1979, Trilliant offers a broad array of high-quality specialty coffees and beverages, ranging from coffee to cappuccinos, hot cocoas and much more. Unorganized warehouse. This rating has been stable over the past 12 months. Private Label, 214.740.7300 Norma graduated with high honors from the University of California, Berkeley, and received a J.D. We were focused on opportunities within the $10 billion single serve coffee market (K-Cups), where there was a need for high quality products at value price points for more price conscious consumers that were underserved by more expensive branded alternatives. We are also assigning our 'B-' issue-level rating to the proposed $250 million senior secured term loan due 2024. Trilliant Food & Nutrition, LLC: Contact Details and Business Profile Don't have an account? Blackstone acquires James Packer's Crown casino empire for $6.5 billion Prior to Trilliant, Andy served as a General Electric (GE) corporate officer and as President and CEO of several GE businesses. The people in general are great to work with, Solid Benes, solid product, and solid cash flow, Work thru most holiday Midwestern US Companies With Less Than $1B in Revenue (Top 10K) 9,865 Number of Organizations $132B Total Funding Amount 12,480 Number of Investors. Since 2019, Blackstone has committed nearly $13 billion in investments that Blackstone believes are consistent with the broader energy transition. Trilliant Food & Nutrition, LLC Apr 2015 - Present 7 years 11 months. Sachin Bavishi - Blackstone He has a distinguished 20+ year career scaling successful sales and business development across APAC/ASIA/SEA regions, and his recent leadership positions include Hitachi and ABB. Over the next 20 years, the company steadily grew gaining a reputation for distinctive brands and customizable products. 2023 Trilliant Food and Nutrition, LLC. They lie about the benefits. Dallas-based Colfax (NYSE: CFX) unit DJO's acquisition is meant to support . Earlier in her career Norma was a partner at the San Francisco law firm, Farella Braun & Martel, where she focused on complex litigation and gained deep experience in the many ways things go wrong and how to fix them. Trilliant brings the traditional European espresso experience right to your home. Investment firm Blackstone Inc will buy a majority stake in Spanx, valuing the shapewear maker at $1.2 billion, the . Don't work here. Prior to joining Trilliant, Dan worked in executive leadership positions at ACN Europe B.V. and British Telecom, most recently serving as COO for Smart DCC in the United Kingdom. Trilliant is vertically integrated, meaning it sources, roasts, grinds and packages its own coffee beans, primarily in the single serve K-Cup format. Following terms and conditions apply: All charges are made in USD. Trilliants manufacturing facilities contain the most current, high-speed equipment. Most Read from BloombergIsrael's Window to Strike Iran Narrows as Putin Enters EquationTycoon Deripaska Warns Russia May Run Out of Money in 2024Americans Need to Be Richer Than Ever to Buy Their First . Hot in the summer time We were focused on opportunities within the $10 billion single serve coffee market (K-Cups), where there was a need for high quality products at value . As the Managing Director for Americas, Nick is responsible for expanding the industry and leadership in both the United States and Latin America regions. Want to ask them a question? "Our retail partners also value that we manufacture Black Stag in our own production facility which eliminates many of the supply challenges other brands are experiencing," added Lehocky. Working at Trilliant Food & Nutrition | Glassdoor m***@trilliantfood.com. Intense, bold and delicious. Beverage The partnership with Trilliant and its CEO, Mike Upchurch, resulted from the Kainos investment thesis related to the growing demand for functional, convenient foods at attractive price points. Has been acquired by An industry focused division of. . July 1, 2021 12:11 pm ET. They put people's health and safety at risk. During his tenure, Andy has led businesses for major infrastructure and communications projects in Congo, Egypt, Saudi Arabia, Iraq, Dominican Republic and Algeria. Black Stag Coffee expanding distribution across all major retail channels. A link has been emailed to you - check your inbox. The acquisition of Trilliant Surgical's leading product technologies and clinical efficacy . Eugene holds a Bachelor of Information Technology from the University of Southern Queensland, Australia. Really none but may be the pay is decent. Their software is so out of date that Microsoft doesn't even support security upgrades anymore. The positive outlook reflects the potential for a higher rating if Trilliant leverages its low cost structure by meaningfully increasing sales and executing on its growth strategy enabling it to expand EBITDA, generate free operating cash flow (FOCF), and deleverage. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American. {{ userNotificationState.getAlertCount('bell') }}. T. HEMES. Trilliant Surgical | DJO Global He brings strong domain knowledge and experience in Cloud, SaaS, Enterprise Software, CRM, ERP, AI/ML & Analytics. "Consumer demand for ready to drink coffee remains strong and Black Stag RTD coffee is one of the fastest growing brands in the category due to its premium formulation and excellent bold coffee flavor," said Tom Lehocky, Vice President of Sales for Trilliant Food & Nutrition.