Trussbilt Acquired by Sentinel Capital Partners

NEW BRIGHTON, Minn. — Trussbilt LLC, a manufacturer of steel hardware for the corrections market, has been acquired by the New York-based private equity firm, Sentinel Capital Partners.

Financial terms of the transaction were not disclosed by press time.

Trussbilt was founded in 1926 and offers steel doors, walls, frames, ceilings and other furnishings for correctional facilities.

The company uses a patented design for metal doors that utilizes a manufacturing process that creates thin, light-weight steel panels.

Sentinel Capital Partners specializes in investing in promising, smaller middle-market companies. After acquiring the company, Sentinel officials cited inmate population projects that show a 13 percent increase in the next five years.

“Trussbilt has a seasoned management team in place to capitalize on the growth opportunities in the detention industry,” says Eric Bommer, partner at Sentinel.

Timothy Browne, president of Trussbilt, says Sentinel’s experience in the manufacturing industry will help Trussbilt to continue to grow.