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TRM ADVISORS LP

TRM ADVISORS LP is a Series C+ and buyout fund in the US, europe and global writing $30M–$200M checks into metal-forming, manufacturing, specialty-chemicals, food-and-ingredients, aerospace, basic-materials, capital-equipment and metal-fabrication.

Stages
Series C+, buyout
Sectors
metal-forming, manufacturing, specialty-chemicals, food-and-ingredients, aerospace, basic-materials, capital-equipment, metal-fabrication
Check size
$30M–$200M
Invests in
US-wide, europe, global
Round role
Leads rounds
Actively investing
Yes
Founded
2005
Assets under management
$292.6M

Thesis

TRM ADVISORS LP, operating as TRM Equity, is a private equity firm founded in 2005 that focuses on control investments in middle-market industrial businesses. TRM Equity targets companies with a history of profitability that are underperforming due to complexities such as balance sheet, legal, environmental, labor, or transactional issues. Their strategy involves acquiring assets or businesses from large corporations, founder-owned entities, and those undergoing financial restructuring, aiming to transform them into industry-leading enterprises. The firm primarily invests in sectors including metal forming, niche high value-add manufacturing, specialty chemicals, food and ingredients, aerospace, basic materials, capital equipment, and metal fabrication. They focus on middle-market companies and engage in buyout strategies, targeting businesses headquartered in North America or Europe, with potential for global operations. As of March 24, 2025, their AUM was $292.6 million. They target investments in companies with revenues up to $300 million, EBITDA of $0 to $20 million, and enterprise values of $30 million to $200 million.

Common questions

Does TRM ADVISORS LP invest at the Series C+ stage?

Yes. TRM ADVISORS LP lists Series C+ and buyout among the stages it invests in.

What check size does TRM ADVISORS LP write?

TRM ADVISORS LP writes $30M–$200M checks.

Where does TRM ADVISORS LP invest?

TRM ADVISORS LP invests in the US, europe and global.