Company Overview - IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ: IESC), has acquired Arrow Engine Company, a subsidiary of TriMas Corporation (NASDAQ: TRS) [1][2] - Arrow Engine is a global provider of natural gas-powered engines, compressors, and replacement parts, primarily for oil and natural gas production and other industrial markets [1][2] - IES Holdings designs and installs integrated electrical and technology systems, serving various end markets including data centers and industrial facilities, with over 9,000 employees [3] Industry Insights - Arrow Engine's products are typically used in remote applications such as oil field pump jacks, and the company has a worldwide distribution network focused on the U.S. and Canada [2] - TriMas Corporation manufactures a diverse set of products for consumer products, aerospace, and industrial markets, employing approximately 3,500 people across 13 countries [4] - The acquisition reflects a trend in the industry towards consolidation and the integration of specialized service providers to enhance operational capabilities [1][2][3]
WOODWARD PARK PARTNERS ADVISES TRIMAS IN ITS SALE OF ARROW ENGINE TO IES INFRASTRUCTURE SOLUTIONS