Successful Refinancing to Propel Trillium Flow Technologies into 2025
Trillium Flow Technologies, a prominent player in the design and manufacturing of aftermarket services for high-tech valves and pumps, proudly announces the successful completion of its refinancing efforts in December 2024. This critical milestone not only enhances the company's financial stability but also sets the stage for upcoming growth initiatives in the last quarter of the fiscal year.
Based in Stamford, Connecticut, Trillium serves vital infrastructure sectors including nuclear energy, water, and wastewater management, alongside industrial processing. The refinancing secured by Trillium has resulted in extended term lengths, improved liquidity, and favorable conditions tailored to support future mergers and acquisitions within the industry.
Kerem Yilmaz, Chief Financial Officer of Trillium, expressed excitement over the company’s achievements in 2024 and the promising outlook for 2025. In his statement, he elaborated on how the new credit facility, managed by funds from Blue Owl Capital Inc., presents possibilities for innovative investments and operational excellence. His confidence in the potential impact of this refinancing reflects Trillium's commitment to adapt and productively serve its customers. He also acknowledged the continuous support from JP Morgan and BDTMSD, reinforcing the foundation for Trillium's growth strategy.
Matt Tier, Managing Director at Blue Owl, echoed sentiments about Trillium's proven track record as a global supplier of business-critical valves and pumps. His endorsement signifies Blue Owl's commitment to supporting Trillium in its ambitious growth endeavors over the years to come, posing as a solid financial partner in this venture.
Doug Kitani, the Chief Executive Officer, also expressed gratitude towards the financial team and the associated partners for their steadfast support during this refinancing journey. His acknowledgment of the company's workforce underscores the collaborative effort that has led to this achievement, showcasing Trillium's resolve to continue innovating within the flow control industry.
As a global designer and manufacturer, Trillium Flow Technologies is dedicated to enhancing the reliability, safety, and efficiency of critical infrastructure sectors. The company emphasizes a strategic focus on organic growth through innovative solutions, aimed at better servicing existing and new customers alike.
This refinancing marks a significant leap for Trillium Flow Technologies, aligning with their vision of pioneering advancements in flow control technology while positioning them as a leading player in the market. The company looks forward to pursuing new opportunities for expansion and strengthening its footprint in the industry.
For further details on Trillium Flow Technologies, you can visit their official website at
www.trilliumflow.com.
About Blue Owl
Blue Owl Capital (NYSE: OWL) is a leading investment management firm redefining alternatives. As of September 30, 2024, the firm manages assets worth $235 billion across multiple strategic platforms, focusing on promoting long-term growth and delivering diversified alternative investment solutions.
About First Reserve
Established in 1983, First Reserve is a leading global private equity firm investing in diversified energy, utilities, and industrial markets. With over 40 years of industry insight, First Reserve maintains a differentiated global network and substantial capital, allowing it to navigate various market conditions adeptly.