#United States #Tulsa #IES Holdings #Arrow Engine #Trimas Corp

Woodward Park Partners Facilitates the Sale of Arrow Engine

In a notable transaction in the industrial sector, Woodward Park Partners has successfully advised Trimas Corporation in the sale of its subsidiary, Arrow Engine Company, to IES Infrastructure Solutions LLC, part of IES Holdings, Inc. This acquisition marks an important milestone for both companies, aligning their strategic goals in the energy and infrastructure domains.

Overview of the Transaction

On February 7, 2025, Woodward Park Partners announced the acquisition, signifying a significant shift in the operational framework of Arrow Engine. Based in Tulsa, Oklahoma, Arrow Engine is renowned for providing natural gas-powered engines and compressors that serve various industrial markets, most notably in oil and natural gas production. The company distributes its products primarily across the United States and Canada, underscoring its robust presence in the North American industrial landscape.

IES Infrastructure Solutions, a subsidiary of IES Holdings (NASDAQ: IESC), specializes in integrated electrical and technology systems. With over 9,000 employees, IES serves multiple sectors including data centers and commercial facilities. The acquisition of Arrow Engine is set to enhance IES's offerings in infrastructure products and services, particularly within the realm of electro-mechanical solutions for industrial operations.

The Strategic Significance

For Trimas Corporation (NASDAQ: TRS), divesting Arrow Engine represents a strategic realignment focused on its core business areas, which encompass consumer products, aerospace, and industrial markets. Trimas aims to streamline its operations and enhance its competitive edge while continuing to innovate and deliver quality products through its several business groups.

Arrow Engine, established in the oil and gas sector, not only manufactures its own line of engines but also provides spare parts for various industrial engines, positioning itself as a strong player in the global market. By integrating Arrow Engine into IES, there exists tremendous potential for synergistic advancements, which can enhance operational efficiencies and broaden market reach.

Woodward Park Partners' Role

Woodward Park Partners played a pivotal role in this strategic transaction, leveraging its expertise in investment banking to facilitate the sale. As a middle-market focused firm, Woodward Park Partners is distinguished by its high-touch advisory services, characterized by extensive professional involvement tailored to financial sponsors, private business owners, and publicly traded companies. Their adept handling of various transaction types, including mergers and acquisitions, showcases their capability to navigate complex operational structures effectively.

Looking Ahead

With the completion of this acquisition, IES Infrastructure Solutions is positioned to leverage Arrow Engine's technical expertise and innovative product lines. Future developments will likely include an expansion of service offerings and enhanced operational protocols aimed at catering to evolving market demands across North America and beyond.

In conclusion, the acquisition of Arrow Engine by IES Infrastructure Solutions, orchestrated by Woodward Park Partners, is a significant step for all parties involved. It enhances IES's operational framework while allowing Trimas to concentrate on its primary business segments, setting a course for future growth and strategic partnerships in the evolving industrial landscape.