FocalPoint Advises Triad on its Recapitalization by J.P. Morgan Chase

Triad Manufacturing, Inc. (“Triad” or the “Company”) has successfully completed a refinancing with J.P. Morgan Chase Bank, N.A. (“J.P. Morgan”). FocalPoint Securities, LLC (“FocalPoint”) served as the exclusive investment banker to the Company.

Triad designs, engineers, manufactures, and installs custom fixtures for leading brands across the retail landscape. Founded in 1991, the Company was one of the first fixture manufacturers to offer integrated design and production capabilities under one roof, and continues to offer best in class quality, innovative technology, and customization. Triad’s highly technical designs and global manufacturing capabilities have established the Company as the preferred partner for over 14,000 locations worldwide.

David Caito, Robert Hardie, and Michael McCormick, Co-Presidents of Triad, said, “The FocalPoint team truly understood our business and objectives, ensuring that the new credit facility provided us with increased liquidity to support the continued growth within our customer base. We are thrilled with the outcome and are excited about our new relationship with J.P. Morgan."

Charles Kamper, Triad’s Chief Financial Officer, added, “FocalPoint provided a wide range of options and supported us with vital capital markets perspective at every stage of the decision-making process. The team found the right partner and expertly navigated the COVID-19 environment to ensure a successful close.”

Thomas Mills, Managing Director at FocalPoint, commented, “This deal showcases the outstanding strength of our Capital Markets practice. In the face of added market dislocation resulting from COVID-19, our team, led expertly by Clinton Miyazono, worked tirelessly to push through a complex closing process and provide a solution that satisfied our client’s objectives.” 

About Triad Manufacturing, Inc.

Triad is an established leader in the retail fixture industry, creating cutting-edge retail fixtures for Fortune 500 brands. The Company works with wood, metal, glass, acrylics, laminate, and other specialty materials while integrating electrical components and interactive technology into its fixtures using state-of-the-art equipment and manufacturing procedures. The Company’s mixed material capabilities, speed, and design proficiency make it a top choice for creating branded retail experiences for its blue-chip customer base. For more information, please visit www.triadmfg.com.

About J.P. Morgan Chase

J.P. Morgan is a global leader in financial services, offering solutions to the world's most important corporations, governments, and institutions in more than 100 countries. The institution offers flexible borrowing solutions to help clients ensure they can run their businesses smoothly and meet their individual business demands. For more information, please visit www.jpmorganchase.com.

About FocalPoint Partners, LLC

FocalPoint is an independent investment bank specializing in mergers and acquisitions, private placements, financial restructurings, and special situation transactions. Since 2002, the firm has provided advisory services to middle market clients across eight industry sectors: aerospace and defense, business services, consumer, energy, financial services, healthcare, industrials, and technology/media. With offices in Los Angeles, Chicago, New York, and Shanghai, and affiliated partner offices around the world, FocalPoint's domestic and international coverage is truly global. To learn more, visit focalpointllc.com and follow us on LinkedIn and Twitter.

Please contact Thomas Mills at 312-508-5777 or Clinton Miyazono at 312-508-5782 with any questions about this transaction.

FocalPoint has one of the largest dedicated Capital Markets teams in the middle market. Our deep relationships with hundreds of middle market lenders allows us to navigate any given capital raise process with confidence and precision. Contact one of our Capital Markets Specialists to discuss this report or to learn more about FocalPoint's Capital Markets practice.