Tony Hill and Tim Templeton, Trivest (The Exit Exchange, Episode 10)
Tony Hill and Tim Templeton joined the show to discuss how Covid affected the private equity market, which trends may endure out of the pandemic, what Trivest looks for from owners, what they offer owners, the “Trivest Promise” which eliminates pain points for founders, and much more. The Exit Exchange is co-hosted by David Shavzin and Bob Tankesley and is produced virtually from the North Fulton studio of Business RadioX® in Alpharetta.
Trivest is proud to be known as a leading private equity source for founder and family-owned businesses since 1981.
They have flipped the typical private equity infrastructure to place the interests of founders where they rightfully belong: at the forefront of Trivest’s philosophy.
Headquartered in Coral Gables, Florida and founded in 1981, Trivest is one of the only private equity firms in the United States that focuses exclusively on founder-owned businesses. And as the oldest private equity firm in the Southeastern United States, they understand the need to leave a lasting legacy behind.
For over four decades, Trivest has invested exclusively in lower middle-market businesses, completing over 300 investments that total more than $7 billion in value.
While private equity plays a critical role in the global M&A marketplace, their industry often has a negative perception in the minds of founders. Unfortunately, sometimes this perception is reality. As a result, they have built their entire business around providing ownership transitions specifically designed to fit the needs of founders/entrepreneurs, and Trivest works hard to ensure their ideals and philosophies are not compromised.
Their company-first approach brings highly differentiated and flexible options to business owners. They provide a fair, transparent process that eliminates the usual pain points that arise when dealing with private equity firms and/or strategic acquirers. Trivest calls this “Just Say No.” As a testament to their relationship focus, more than 40 founders who have previously partnered with Trivest have invested their own capital in Trivest funds.
Trivest has three distinct investment strategies. They are currently investing from their sixth institutional equity fund, Trivest Fund VI, with $630 million of committed capital for control investments. They also have a dedicated non-control fund, Trivest Growth Investment Fund II (TGIF), with $435 million of committed capital. Trivest Discovery Fund is a $235 million fund supporting small but profitable companies within fragmented industries.
Trivest is well-positioned to expeditiously partner with your business for its next stage of growth and development. Please call 305-858-2200 or email email@example.com with investment opportunities.
Tony Hill, Vice President, Business Development, Trivest
Tony joined Trivest in 2019. In addition to co-leading the firm’s Business Development team, Tony spearheads a number of strategic initiatives, such as its retained buy-side search program and independent sponsor initiative, among others.
Prior to joining Trivest, Tony co-founded two technology companies. One of them, Dealnexus, was acquired by Intralinks and grew into the largest online deal sourcing network for mid-market M&A professionals in the world. Before launching Dealnexus, Tony was a Vice President of investment banking at Cross Keys Capital. He also previously worked at Siemens AG in Germany.
Tony received his B.S. in Finance, as well as his M.B.A., from the University of Florida.
Tim Templeton, Director, Business Development, Trivest
Tim joined Trivest Partners in 2019, where he advises on and supports the firm’s business development efforts throughout the Southeast.
Prior to joining Trivest, he led business development at one of the fastest-growing construction companies in the Southeast for 18 years. Tim started his career in the public sector as a campaign manager for numerous statewide cabinet races, as well as an advisor to two Florida cabinet members on policy issues for state agencies overseen by the Governor and Cabinet.
He received his B.S. from the University of Florida and lives in Tallahassee, FL, with his wife, two sons and daughter. Tim is an avid rucker, participating in endurance events lasting six to 24 hours, and has served on the Board for the Florida Sheriffs Youth Ranches since 2006.
The Exit Planning Exchange Atlanta
The Exit Planning Exchange Atlanta (XPX) is a diverse group of professionals with a common goal: working collaboratively to assist business owners with a sale or business transition. XPX Atlanta is an association of advisors who provide professionalism, principles and education to the heart of the middle market. Our members work with business owners through all stages of the private company life cycle: business value growth, business value transfer, and owner life and legacy. Our Vision: To fundamentally changing the trajectory of exit planning services in the Southeast United States. XPX Atlanta delivers a collaborative-based networking exchange with broad representation of exit planning competencies. Learn more about XPX Atlanta and why you should consider joining our community: https://exitplanningexchange.com/atlanta.
The Exit Exchange is produced by John Ray in the North Fulton studio of Business RadioX® in Alpharetta. The show archive can be found at xpxatlantaradio.com. John Ray and Business RadioX are Platinum Sponsors of XPX Atlanta.Andrei Tsygankov