Independent Forgings & Alloys Enter a New Chapter with Trive Capital Acquisition
Deal News | Feb 26, 2025 | Business Growth Fund (BGF)
The Business Growth Fund (BGF) has successfully exited its investment in Independent Forgings & Alloys (IFA), following the acquisition of a majority stake in the Sheffield-based company by US private equity firm Trive Capital. This acquisition marks a significant transition for IFA as it embarks on the next phase of its growth trajectory. The transaction underscores Trive Capital's strategic interest in expanding its portfolio with manufacturing assets in the UK, particularly those with substantial growth potential. Founded in Sheffield and known for its high-quality metal forgings, IFA is poised for further expansion under its new ownership.
Sectors
- Private Equity
- Manufacturing
Geography
- United Kingdom – Independent Forgings & Alloys is based in Sheffield, UK, and the transaction involves enhancing the manufacturing sector in the region.
- United States – Trive Capital, the acquiring private equity firm, is based in the US.
Industry
- Private Equity – The article discusses the involvement of a private equity firm, Trive Capital, acquiring a majority stake in a company.
- Manufacturing – Independent Forgings & Alloys operates in the manufacturing sector, specializing in metal forgings.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Independent Forgings & Alloys (IFA) | Target Company | Company | Sheffield-based manufacturing firm specializing in metal forgings. |
| Business Growth Fund (BGF) | Selling Company (Vendor) | Company | Private equity firm that successfully exited its investment in IFA. |
| Trive Capital | Bidding Company (Buyer) | Company | US-based private equity firm that acquired a majority stake in IFA. |