#United States #Stamford #Blue Owl #Trillium Flow #First Reserve

Trillium Flow Technologies Achieves Key Refinancing Milestone

STAMFORD, Conn. – Trillium Flow Technologies, a prominent global provider of highly engineered valves and pumps, is excited to announce its successful refinancing completed in December 2024. This landmark achievement positions the company for future growth and strategic development.

With its commitment to critical infrastructure sectors like nuclear power, water management, and industrial processing, Trillium’s refinancing aims to amplify its capabilities. As a portfolio company of First Reserve, Trillium enhances its liquidity and flexibility, allowing for more robust mergers and acquisitions activity.

CFO Kerem Yilmaz expressed enthusiasm about entering 2025 on a strong note. He stated, “This significant milestone caps a successful year for us, and we are eager to leverage our new credit facility led by Blue Owl Capital. We appreciate the continuous support from JP Morgan and BDTMSD as we execute our organic growth strategy.”

This refinancing underscores Trillium’s dedication to innovation and operational excellence to serve customers better while remaining active in the mergers and acquisitions space, solidifying its position as a leader in the flow control industry.

Investment in the Future

The successful completion of refinancing will enable Trillium to invest significantly in enhancing its product lineup and operational capabilities. Investments are planned in innovation projects that promise to improve reliability, safety, and efficiency in the vital infrastructures it serves. The company believes these efforts will maintain its competitive edge in a rapidly evolving market.

Matt Tier, Managing Director at Blue Owl, elaborated on this new partnership, saying, “Trillium has consistently demonstrated excellence in supplying mission-critical valves and pumps across various industries. We are thrilled to welcome them as a borrower in our direct lending portfolio and look forward to aiding their strategic growth.” With a strong support system, Trillium aims to push its initiatives further.

Leadership Appreciation

Doug Kitani, Trillium’s CEO, emphasized gratitude towards the finance team, equity partner First Reserve, and Blue Owl for their unwavering support during the refinancing process. He proudly recognized his employees' exceptional performance in 2024. “This milestone reflects our collective commitment to excellence and positions Trillium for ongoing innovation and leadership in the flow control sector,” he remarked.

About Trillium Flow Technologies

Trillium Flow Technologies stands out as a global designer and manufacturer of valves, pumps, and related products. Committed to delivering exceptional services in critical sectors, Trillium is devoted to enhancing safety and efficiency through innovative solutions. Potential clients and partners can access more information through their official website at www.trilliumflow.com.

Partners in Growth

Blue Owl, one of the leading asset managers with over $235 billion in assets, focuses on generating long-term growth through strategic investments across various sectors, including Credit and Real Estate. With a permanent capital base and a diverse range of investment options, Blue Owl is equipped to offer differentiated opportunities aimed at strong performance and capital preservation.

First Reserve, founded in 1983, is another major player in supporting Trillium’s objectives, specializing in private equity investments in diversified energy and industrial markets. With a rich history of operational expertise garnered over 40 years, First Reserve has raised significant capital, fostering numerous successful transactions.

The convergence of these robust financial partnerships represents a promising outlook for Trillium Flow Technologies, setting the stage for a transformative and growth-oriented 2025.

For media inquiries, Chris Molineaux, the Global Marketing and Communications Director at Trillium Flow Technologies, can be reached directly. Stay tuned for more updates as Trillium embarks on its new journey fueled by this vital refinancing success.