Trivest Partners
Coral Gables, FL · ~$1-10B AUM
Why it invests in the trades
Florida-based founder-focused private equity firm whose HighGround Restoration Group platform buys owner-founded water, fire and mold restoration companies and keeps their brands and customer relationships while centralizing back-office and demand generation.
Platforms in Tampa Bay (2)
HighGround Restoration Group
TurnPoint Services
Local brands ultimately backed by Trivest Partners (1)
Expert Water Removal
Deals
Notable exits — what happened next
How this investor has behaved when the clock ran out elsewhere.
- TurnPoint Services (2020) → OMERS Private Equity. Announced November 17, 2020, with BlackArch Partners advising Trivest. TurnPoint continued acquiring residential HVAC and plumbing companies under pension-fund ownership; its Florida deals in this era were Central/East Florida rather than Tampa Bay. [source]
Frequently asked
What does Trivest Partners own in Tampa Bay?
Expert Water Removal, through HighGround Restoration Group and TurnPoint Services.
Is Trivest Partners a private-equity firm?
Yes.
How long will Trivest Partners hold these companies?
Private-equity funds typically target a 3–7 year hold before a sale, recapitalization or continuation fund. See "Notable exits" for how this investor has behaved before, and Debt, exits and the 5-year clock.
Sources Reported — credible press
- Trivest Partners (2020-11-17) — press release. Sale of TurnPoint
- Business Wire (2020-11-17) — press release. Same announcement
- Restoration & Remediation Magazine (2023-02-09) — trade press. HighGround identified as a Trivest Partners LP portfolio company.
Researcher notes: Coral Gables HQ and AUM band from general knowledge, not fetched sources. | HQ city is from Trivest's widely published public profile rather than the cited article.
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