RFE Investment Partners is pleased to announce that its portfolio company, Trident Motion Technologies, recently completed the acquisition of Global Point Technologies (“GPT”). GPT is a global sourcing company with capabilities in injection molding, solenoids, wire harness, mechanical and electro-mechanical parts as well as contract manufacturing and assembly services across automotive, medical, industrial and commercial products.
“GPT is a strong strategic addition for Trident Motion. Adding a global sourcing and services platform providing supply chain, engineering and value-added solutions will benefit the Trident family of companies and their customers.” said Tim Harris VP of Strategic Sourcing.
“We’re happy to join forces with Trident, and take advantage of their existing brand, channel, and presence in the market place offering our expertise and broad range capabilities ” said John Hoff, founder and President of Global
Point Technologies.
About Trident Motion Technologies:
Trident Motion Technologies is a leading provider of motors, gearmotors, electronic drives and user interfaces. The company, headquartered in the United States, produces product and assemblies in its operations in the US and Asia for many industries. This allows Trident Motion to offer local support and world class engineering while remaining cost competitive. Trident Motion was formed by combining the capabilities of several strong US based businesses: HTI Technology, American Control Electronics, and Klauber Machine & Gear.
About RFE
RFE Investment Partners is a private equity firm focused on making control investments in established small market companies located in the United States. RFE is a long-standing Connecticut-based firm founded in 1980 with over 40 years of experience investing in the lower middle market. RFE’s investment strategy is to transform its portfolio companies from the lower end of the market to fully professionalized and market leading middle market companies. RFE is currently investing out of Fund IX. For more information, please visit www.rfeip.com.