Blackstone (BX) to Acquire Trystar

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Go back to Blackstone (BX) to Acquire Trystar

Blackstone to Acquire Trystar, Premier Provider of Backup Power Solutions

July 16, 2024 9:00 AM EDT

NEW YORK & FARIBAULT, Minn.--(BUSINESS WIRE)-- Blackstone (NYSE: BX) announced today that private equity funds affiliated with Blackstone (Blackstone) entered into a definitive agreement to acquire Trystar, a premier provider of electrical equipment used for backup power solutions.

Trystar designs and manufactures critical electrical power solutions for data center, industrial, commercial, healthcare, and utility end markets. The companys product offerings help to ensure power reliability, which is of increasing importance amidst the energy transition.

Were thrilled to be partnering with the Trystar management team to drive the next phase... More