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Tron and TPG Experience

  Tron and TPG Experience

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.