DENVER, May 19, 2022 /PRNewswire/ — Marigny Investments, a denverNew York-based private equity firm, today announced its acquisition of Victory Supply. Victory Supply, based in Mount Pleasant, Tennesseeis a value-added distributor of inmate clothing and detention supplies. Kathy and Evan Trommerwho launched the company in 2012, will remain significant owners of Victory Supply.
Evan Trommerfounder of Victory Supply, said, “We were looking for the right group of partners to help grow Victory. We believe we have accomplished this mission. We are very happy to partner with Marigny, to leverage each other’s strengths and to move Victory forward. We would never have reached this moment without the incredible women and men at Victory who have helped us grow along the way and our incredible customers who support us. We are really looking forward to the sequel.
Josh Sartiskypartner and founder of Marigny Investments, said, “I am delighted to partner with the Trommers and continue to grow Victory Supply together. The Victory team has done an extraordinary job of serving a fragmented clientele by prioritizing their needs. We look forward to continuing to evolve the business while maintaining the culture that has made it successful.”
Greyrock Capital Group provided equity financing and subordinated debt, UMB Bank provided senior debt financing and Bryan Cave Leighton Paisner was legal advisor to Marigny Investments.
The Lennox Group acted as financial advisor and Nelson Mullins served as legal counsel to Victory Supply.
About Victory Supply
Victory Supply is a Tennesseevalue-added distributor specializing in prison apparel and prison supplies. Founded in 2012, the company provides products such as apparel, underwear, linens, footwear, gloves, personal care items, bedding and uniforms and services such as screen printing , embroidery and kitting. Victory Supply Serves Customers Everywhere North America. For more information, visit www.victorysupplyinc.com.
About Marigny Investments
Marigny Investments is a denvera New York-based private equity firm looking to partner with entrepreneurs looking to take their business to the next stage of growth. Marigny Investissements targets overlooked opportunities in the B2B services and light manufacturing sectors that have a demonstrated value proposition and recurring revenue. For more information, visit www.marignyinvestments.com. For parties interested in exploring a partnership with Victory Supply, please email Josh Sartisky ([email protected]).
About Greyrock Capital Group
Greyrock Capital Group provides subordinated debt and equity to fund acquisitions led by private equity firms and independent sponsors. Founded in 2002, Greyrock has completed over 80 platform trades in the lower middle market. For more information, visit www.greyrockcapitalgroup.com.
Media Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
SOURCE Marigny Investments