News

12/01/2023

Dickinson Williams advises on the sale of Trilogy Communications

Dickinson Williams & Company is pleased to announce that it served as the exclusive financial advisor to Trilogy Communications, Inc. (“Trilogy” or the “Company”), an operating company of Falcon Affiliates, in its sale to Marmon Holdings, Inc. (“Marmon”), a Berkshire Hathaway (NYSE: BRK) company.

Founded in 1985 and headquartered in the Jackson, Mississippi metro area, Trilogy is a leader in designing, manufacturing, and marketing premium air-dielectric coaxial cables for complex wireless communication deployments.  The Company’s proprietary AirCell® cable manufacturing process and cutting-edge technology enable Trilogy’s products to meet the diverse needs of Distributed Antenna Systems (DAS) and radio frequency communications systems in industries ranging from transit and healthcare to public safety.

Trilogy’s AirCell® cable solutions are recognized for their technological advancements, providing sophisticated and reliable connectivity options for wireless communications applications.  The Company’s commitment to innovation, technical expertise, and product quality has fostered strong partnerships with leading wireless communications infrastructure OEMs, integrators, and installers.

Commenting on the acquisition of Trilogy by Marmon’s Industrial Energy & Infrastructure Group (“Marmon IEI”), Christopher Venice, President of Marmon IEI, said “Trilogy Communications’ reputation for excellence aligns seamlessly with Marmon IEI’s commitment to providing top-tier industrial and electrical solutions.  This strategic acquisition reinforces our dedication to advancing the capabilities of wireless communication infrastructure, and we look forward to the exciting possibilities this partnership presents.”

“We are excited for Trilogy to become part of Marmon IEI, which will provide the Company and its team members with the resources, integrated solutions, and focused strategic direction to facilitate growth and innovation,” said Will Krusen, President of Falcon Affiliates.  “Trilogy has a history of product development and customer service, and a committed team.  I look forward to seeing the Company’s continued success within the larger Marmon platform.  I also want to thank the team at Dickinson Williams for their hard work and creativity to find the right partner for Trilogy and close a transaction that met the needs of all parties,” he added.

“We are pleased to have had the opportunity to work with Falcon and the talented team at Trilogy,” said Harold Williams, Managing Director at Dickinson Williams.  “Led by CEO, Bruce Deer, Trilogy has achieved impressive growth over the last several years through product innovation and new market penetration, positioning the Company for its successful sale to Marmon.”

 Butler Snow and Williams Mullen served as legal counsel to Trilogy and Falcon Affiliates, respectively, and Thompson Coburn served as legal counsel to Marmon for the transaction.

 About Marmon Holdings:

Marmon Holdings, Inc., acquired by Berkshire Hathaway in 2008, is a global industrial organization with over 100 autonomous manufacturing and service businesses, organized within 11 industry groups.  These groups consist of medical, water, foodservice technologies, retail solutions, transportation products, rail, electrical, plumbing and refrigeration, metal services, and industrial products.  The Marmon Industrial Energy & Infrastructure Group, a division of Marmon Holdings, offers a comprehensive suite of unique and innovative products.  The group produces electronic wire, tubing, and cable products that are held to exact standards for performance and safety.  Marmon was founded in 1953 and is headquartered in Chicago, Illinois.

About Falcon Affiliates:

Falcon Affiliates invests in and builds great companies over the long term.  Falcon focuses on acquiring Mission-Critical, Commercially-Focused, Service-Driven businesses that have a strong culture of service and innovation.  Partnering with management teams, Falcon collaborates to develop, transform, and elevate its companies – and their people – to achieve their fullest potential through strategic development, continuous learning, and operational best practices.  For more information on Falcon Affiliates please visit their website www.falconaffiliates.com.

About Dickinson Williams & Company:

Dickinson Williams & Company is an independent investment banking firm led by industry veterans with over 80 years of combined investment banking, financing, and operating experience.  The firm provides objective, experience-based advisory services to lower middle market companies with enterprise values up to $150 million.  The firm provides sell-side, buy-side, private placement, recapitalization, and strategic advisory services to family and closely held businesses, corporations, and private equity investors, and has a broad cross-section of transaction and industry experience in the industrials, business services, distribution, healthcare, and consumer sectors.

John C. Dickinson
Managing Director
jdickinson@dickinsonwilliams.com
804.588.3412

James A. Gilmore
Managing Director
jgilmore@dickinsonwilliams.com
804.588.3414

Harold J. Williams III
Managing Director
hwilliams@dickinsonwilliams.com
804.588.3413