Gemspring Capital Purchases TRG Enhancing Mobility Management and Cybersecurity

Gemspring Capital Expands its Portfolio with TRG Acquisition

Gemspring Capital Management, a reputable private equity firm based in Westport, Connecticut, has announced the acquisition of TRG, a premier provider in enterprise mobility lifecycle management and integrated cybersecurity solutions. This strategic acquisition, carried out through an affiliate of Gemspring, marks a significant milestone for both companies. The partnership will also see founder and CEO Sean Kennedy retain a substantial stake in the company.

The Role of TRG in Today's Business Environment

Located in Cleveland, Ohio, TRG has established itself as a market leader since its inception, specializing in technology lifecycle management particularly focused on enterprise mobility. Over the years, TRG has achieved significant organic growth alongside completing four strategic acquisitions that have broadened its geographical footprint across the United States, Canada, Europe, and Latin America. The company's comprehensive suite of services encompasses everything from device sourcing, configuration, and deployment to repair, maintenance, managed mobility services, and integrated cybersecurity.

TRG serves a diverse array of industries including retail, grocery, transportation, and logistics, as well as manufacturing and field services. Known for its high level of service quality, responsiveness, and innovative approaches, TRG is indispensable in managing mission-critical operations for many blue-chip clients. As businesses encounter increasing challenges in maintaining and securing their devices and managing distributed workforces, TRG's solutions become ever more relevant.

Insights from Leadership

Highlighting the importance of this new partnership, Sean Kennedy expressed, "This partnership represents an important milestone for TRG. Enterprises are facing growing complexity in managing and securing devices, data, and distributed workforces. TRG is uniquely positioned to address these challenges." Kennedy pointed out that TRG aims to unify endpoint services, device logistics, mobility expertise, and cybersecurity into a cohesive platform that meets present-day demands.

Zubin Malkani, Managing Director at Gemspring, echoed this sentiment, stating that TRG’s platform is well-aligned with current customer needs in a landscape increasingly characterized by endpoint complexity and cyber risks. Gemspring's support through additional capital and expertise is expected to catalyze TRG’s ambitious growth strategy while maintaining the customer-centric culture integral to its success.

The Future of TRG and Gemspring Capital

As a leading provider of enterprise mobility and technology lifecycle management services, TRG is equipped to navigate and thrive amid the complexities of the modern business environment. Gemspring Capital, with its substantial capital resources amounting to $5.1 billion under management, focuses on partnering with talented management teams across various sectors, underscoring its commitment to fostering revenue growth and sustainable competitive advantages.

With the backing of Gemspring, TRG is poised to accelerate its growth trajectory, continuously delivering top-tier service and innovative solutions that cater to its customers' evolving needs. The synergy between the two entities is expected to yield remarkable outcomes in enterprise mobility and cybersecurity for enterprises seeking robust, future-proof solutions.

For more detailed information, you can visit TRG’s official website at trgsolutions.com and learn about Gemspring Capital at gemspring.com.