PE-backed Sunbelt Transformer merges with Solomon

Sunbelt Transformer, which is backed by Trilantic North America, has merged with Solomon, a provider of refurbishment, repair and salvage services for electrical transformers and related electrical equipment. No financial terms were disclosed. Harris Williams was financial adviser to Solomon on the transaction while Lincoln International LLC did likewise for Trilantic. Solomon was a portfolio company of Oaktree Capital Management.

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