
Steel Bridge Manufacturer: Tron purchased an underperforming
steel bridge manufacturing business with $8 million of secured
debt. Sold the equity within nine months to a strategic
buyer after increasing sales by 200% and reorganizing all
operations.
Building Products Distributor: Tron principal was
responsible for the corporate acquisition program of a privately
held holding company in the building product distribution
industry. Was instrumental in the acquisition of 19 companies
in the industry and the growth in the company from $90 to
$330 million in sales.
Private Equity Fund: Tron principal was the Managing
Director for a $100-million private equity fund which made
investments in hotels, aquaculture and manufacturing businesses.
Private Investment Firm: Tron principal was a partner
of a private investment company which focused on investments
in underperforming middle market companies. While at the
firm he led the acquisition of 10 companies in a range of
industries.
Condominium Development: TPG purchased an abandoned
condominium project zoned for 128 units on 50 acres of ocean
front land. Completed construction and sold 27 units. Reconfigured
and redesigned the rest of the property and amenities. Sold
the remaining land and permits to a national home builder.
Industrial Building: TPG purchased the mortgages
and obtained control of a portfolio of four industrial mill
sites covering a total of 750,000 square feet. Performed
extensive renovations and remediation to the properties
and site and increased occupancy to 75%. Have since sold
two of the mills and retain the other 2 in the TPG portfolio.
Condominium Development: TPG purchased a 100 unit
lakefront condominium development. Completed construction
and closed on the sale of 50 units that were either partially
completed or under contract. Reconfigured and repositioned
the development and built and sold the 50 remaining townhouse
units.
Hotel Acquisitions: TPG has acquired 56 full service
hotels and employs over 6,000 people throughout the United
States. TPG specializes in renovating, rebranding and restructuring
the hotels.
Development Projects: TPG has recently begun development
of several high rise condominium projects adjacent to hotels
in order to provide luxury accommodations combined with
enhanced services.
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