Trialon Corporation acquired the Customer Technology Center of Delphi Technologies, expanding its testing business and establishing itself as a leading provider in Greater Detroit.
| Acquirer | Target | Type | Value | Closed |
|---|---|---|---|---|
| Trialon Corporation | Customer Technology Center of Delphi Technologies | Asset Acquisition | <Undisclosed> | 2020-01-14 |
The deal, announced on January 14, 2020, is part of Trialon's strategy to build out its testing capabilities and solidify its position as a top service provider in the Detroit region. By acquiring Delphi Technologies' Customer Technology Center, Trialon aims to bolster its offerings and enhance its market reach.
Strategic Rationale
Trialon Corporation seeks to strengthen its existing testing services through this acquisition, which will allow it to offer a wider range of solutions to clients. The addition of Delphi Technologies' Customer Technology Center is expected to enable Trialon to better serve customers in the automotive and manufacturing sectors within Greater Detroit.
Financial Context
The transaction's financial details have not been disclosed. However, the deal represents an important milestone for Resilience Capital Partners, which completed its 80th acquisition through this asset purchase of Trialon Corporation.
Advisors
Neither buy-side nor sell-side advisors were disclosed in connection with the transaction. Legal counsel information was also not provided by either party involved.
Outlook
Trialon Corporation anticipates leveraging this acquisition to accelerate growth and improve its service delivery capabilities. The company will focus on integrating Delphi Technologies' Customer Technology Center into its existing operations, enhancing testing solutions for the manufacturing industry in Greater Detroit.