Trinity Solar Secures Growth Investment from TSG Consumer Partners

Trinity Solar, a leading provider of renewable energy solutions, announced today a significant growth investment from TSG Consumer Partners. This strategic partnership will fuel Trinity Solar's expansion efforts and enhance its ability to serve customers in the Northeast with innovative residential solar, battery storage, and energy services.

Founded in 1994, Trinity Solar has established a strong presence in the United States, providing cost-effective and low-maintenance solar solutions to families across 10 states. With a team of over 2,700 professionals, Trinity Solar has brought solar power to nearly 100,000 homes, helping customers save money on their energy consumption while reducing their carbon footprint.

Tommy Pollock, Chief Executive Officer of Trinity Solar, expressed excitement about the partnership, stating, "Partnering with TSG is a fantastic opportunity for Trinity Solar to support our continued expansion, better serve new and existing customers, and accelerate the positive impact we make on our planet every day."

Pollock also emphasized Trinity Solar's commitment to making solar energy accessible to as many people as possible, aligning with TSG's vision. With TSG's resources and expertise in digital and consumer sectors, Trinity Solar aims to accelerate its momentum and continue delivering personalized experiences to households seeking sustainable energy solutions.

Michael Layman, Managing Director at TSG, commended Trinity Solar for its customer-centric approach and its ability to simplify the solar journey for families. Layman stated, "Trinity's evolution into one of the largest players in the nation amid strong industry tailwinds is truly impressive. Its commitment to empowering households to take control of their energy needs aligns perfectly with TSG's investment philosophy."

The investment from TSG will enable Trinity Solar to enhance its platform, expand customer offerings, and further its positive impact on the environment. Dan Costello, Managing Director at TSG, highlighted the accomplishments of Trinity Solar, stating, "Tommy, Billy, and John have built an incredible family franchise and true market leader."

Trinity Solar's growth investment from TSG comes at a time when the demand for renewable energy solutions is on the rise. With a shared commitment to sustainability and customer satisfaction, Trinity Solar and TSG are poised to make a significant impact in the renewable energy sector.

The financial terms of the investment were not disclosed. Legal advisory services for TSG were provided by Ropes & Gray LLP, while Prestwick Partners acted as the financial advisor to Trinity Solar, with legal advisory support from Blank Rome LLP.

About Trinity Solar:

Founded in 1994, Trinity Solar is a leading provider of residential solar, battery storage, and energy services. With over 2,700 employees across 10 states, Trinity Solar is dedicated to simplifying the solar journey for homeowners. By the end of 2023, Trinity Solar aims to have over 100,000 homeowners join their mission in creating a brighter future through solar power. For more information, visit www.trinity-solar.com.

About TSG Consumer Partners:

TSG Consumer Partners is a prominent private equity firm with approximately $20 billion in assets under management. The firm partners with founders and management teams to accelerate the growth of consumer-facing businesses. TSG has been an active investor in the consumer industry since its founding in 1986. For more information, visit tsgconsumer.com.