Trive’s Remarkable Growth
The Dallas-based private equity firm has achieved impressive success with Trive Capital’s investments since its founding in 2012, currently managing over $4 billion in regulatory assets. The firm’s Co-Founder and Managing Partner, Conner Searcy, reinforced his team’s commitment to excellence and one another in its recent announcement of the final closings of Trive Capital Fund IV (“Fund IV”) and Structured Capital Fund I (“SCF I”), for which the firm secured $2 billion in new capital commitments. This achievement underscores the firm’s robust investor demand and strategic vision.
Impressive Performance
Trive experienced its highest annual activity, capital deployment, and value creation in 2021. The firm closed five new platform investments, executed over 60 add-on investments, and completed 12 exits and dividend recapitalizations, resulting in over $1.2 billion in distributions to investors. Trive deployed nearly $500 million of capital, generating $2.6 billion in incremental value across its portfolio.
Strategic Investment Approach
Searcy emphasizes the importance of strong partnerships with global institutional investors.
“We are grateful for our continued partnership with a supportive and diverse group of investors and are thrilled to welcome many new investors,” Searcy shares. “In Fund IV and Structured Capital Fund I, our team will continue to invest in strategically viable middle market businesses, providing tailored, creative solutions across the capital structure.”
– Conner Searcy
Value Creation
The firm’s deep value investing approach and operationally-focused investment strategy have resonated well with investors. Trive Partner Chris Zugaro attributes the quality of the Trive team to their success in creating meaningful value across the portfolio. This consistent approach has attracted significant interest, enabling Trive to exceed its initial targets for Fund IV and SCF I.
Future Outlook with Searcy at the Helm
With over $4 billion in regulatory assets, Trive remains dedicated to identifying and implementing value-creation ideas in middle-market companies. Under Searcy’s guidance, the firm continues to set new benchmarks in the private equity space, driving transformational growth and delivering exceptional returns for its investors.
About Trive Capital Investments
Trive is a Dallas, Texas-based private equity firm focused on investing in middle-market companies with transformational potential. The firm employs a hands-on partnership approach to maximize returns through operational improvement and strategic value creation. The Trive team has completed over 100 middle-market transactions, representing over $6 billion in revenue across targeted industry sectors.
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