WOODWARD PARK PARTNERS ADVISES TRIMAS IN ITS SALE OF ARROW ENGINE TO IES INFRASTRUCTURE SOLUTIONS

BLOOMFIELD HILLS, Mich., Feb. 7, 2025 /PRNewswire/ -- Woodward Park Partners is pleased to announce that IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ: IESC) has acquired Arrow Engine Company, a subsidiary of TriMas Corporation (NASDAQ: TRS). Arrow Engine, based in Tulsa, Oklahoma, is a global provider of natural gas-powered engines, compressors and replacement parts for use in oil and natural gas production and other industrial markets.

Arrow Engine Company (www.arrowengine.com) Arrow Engine is a provider of natural gas-powered engines, typically used in remote applications such as oil field pump jacks, and compressors and replacement parts, which are engineered for use in oil and natural gas production and other industrial markets. Arrow Engine distributes its products through a worldwide distribution network, primarily focused on the United States and Canada. Arrow Engine manufactures its own engine line and also offers a wide variety of spare parts for various industrial engines not manufactured by Arrow Engine.

IES Holdings (NASDAQ: IESC) (www.ies-co.com), IES designs and installs integrated electrical and technology systems and provides infrastructure products and services to a variety of end markets, including data centers, residential housing, and commercial and industrial facilities. IES has more than 9,000 employees and serves clients in the United States. IES's Infrastructure Solutions segment is a provider of electro-mechanical solutions for industrial operations, including apparatus repair and custom-engineered products, such as generator enclosures and bus duct, used in data centers and other industrial applications.

TriMas (NASDAQ: TRS) (www.trimas.com), TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. TriMas has approximately 3,500 dedicated employees in 13 countries that provide customers with a wide range of innovative and quality product solutions through market-leading businesses.

ABOUT WOODWARD PARK PARTNERS

Woodward Park Partners (www.woodwardparkpartners.com) is a middle-market focused investment banking firm. The firm specializes in providing high-touch advisory services with unparalleled senior professional involvement to financial sponsors, private business owners and publicly-traded companies. The firm's expertise covers a wide spectrum of transaction types, including private company sales, divestitures, mergers & acquisitions and other financial advisory engagements.

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SOURCE Woodward Park Partners