PKF Investment Banking Closes Sale of Triad Unlimited LLC

By Georgio Salas.
Updated May 3, 2023

WOODCLIFF LAKE, N.J. (PRWEB) May 03, 2023 - PKF Investment Banking (PKFIB), the investment banking affiliate of PKF OConnor Davies, one of the nations largest accounting, tax and advisory practices, today announced the sale of its client, Triad Unlimited LLC, a leading reliability engineering services provider, to ATS Corporation, a publicly traded automation solutions provider based in Ontario, Canada. The transaction reinforces the PKFIB teams unique access to a breadth of M&A advisory tools, resources and support from across the greater PKF OConnor Davies organization.

The success of this deal is due in large part to the many synergies established between our team and our PKF OConnor Davies colleagues throughout the transactions lifecycle, said Robert Murphy, Senior Managing Director of PKF Investment Banking. In particular, the financial reporting and due diligence support provided by our PKF OConnor Davies teammates enhanced our ability to improve the terms of ATS offer. Together, we were able to bring the transaction to a favorable conclusion within 75 days and ensure the Triad team received the best possible outcomes in its negotiation with ATS.

Triad Unlimited employs a network of highly skilled asset management practitioners who provide trusted and effective governance, life cycle, reliability, spare part, work and calibration solutions. Triads maintenance and reliability services have benefitted hundreds of projects in a wide range of industries, including agribusiness, chemical, facilities, life sciences, manufacturing, oil and gas, power, and transportation. The companys interconnected Asset Management Framework and proprietary Relialytics software will now support ATS after sales and service initiatives, as well as bolster its connected-asset value chain and predictive maintenance abilities.

When we engaged PKF Investment Banking, we were already in discussions with ATS, said Michael Greenholtz, Co-Owner of Triad Unlimited. They exceeded our expectations in achieving more favorable deal terms, resolving issues, providing counseling to each owner, and driving the process to an efficient and timely closing. Their partnership throughout our engagement ensures Triad is well-positioned to embark upon its next chapter with ATS.

About PKF Investment Banking

PKF OConnor Davies Capital LLC (DBA PKF Investment Banking) is the investment banking affiliate of PKF OConnor Davies. Whether a business owner is ready to sell the company or seeking growth through acquisition, our investment banking team is committed and credentialed to help owners achieve their objectives. PKF Investment Banking provides guidance through every step of the process and brings the expertise to enhance certainty to close while always staying focused on maximizing the value derived from the transaction.

With deep expertise in and a dedicated focus on the lower middle market, the PKFIB team has completed over 250 M&A and capital raise engagements in North America and abroad. The firm has extensive experience partnering with business owners across a range of industries, with completed transactions in the distribution, manufacturing, business services, consumer services, IT, healthcare, staffing and consumer products markets, among others. For more information, visit http://www.pkfib.com.

Securities-related transactions are processed through an unaffiliated broker-dealer, Burch & Company, Inc.

About PKF OConnor Davies

PKF OConnor Davies is a top-tier accounting, tax and advisory practice with a long history of serving domestic and international clients. Know Greater Value speaks to the confidence and guidance that our clients realize when they work with us. It reinforces our commitment to delivering the highest levels of value, expertise and service in everything we do. Our clients Know Greater Connections, Know Greater Insights and Know Greater Value. PKF OConnor Davies is the brand name under which PKF OConnor Davies LLP and PKF OConnor Davies Advisory LLC, independently owned entities, provide professional services in an alternative practice structure in accordance with applicable professional standards. PKF OConnor Davies LLP is a licensed CPA firm that provides attest services and PKF OConnor Davies Advisory LLC and its subsidiary entities provide tax and advisory services.

For more information, please visit pkfod.com, and follow us on LinkedIn and Twitter.