Trillium Flow Technologies: Company Profile

Background

Overview

Trillium Flow Technologies is a global designer, manufacturer, and aftermarket services provider specializing in highly engineered valves, pumps, and actuators. Serving critical infrastructure sectors such as nuclear power, water, wastewater, and industrial processing, Trillium is committed to delivering innovative solutions that enhance reliability, safety, and efficiency.

Mission and Vision

Trillium's mission is to provide mission-critical flow control solutions through highly engineered products and comprehensive support services. The company envisions becoming the most relied-upon flow control solutions provider globally, leveraging innovation and an experienced workforce to fuel growth.

Primary Area of Focus

Trillium focuses on delivering advanced flow control solutions, including valves, pumps, and actuators, tailored to meet the specific needs of industries such as power generation, oil and gas, water and wastewater, mining, and general industry.

Industry Significance

With a legacy spanning nearly 200 years, Trillium's portfolio of 18 legacy brands offers premier valves, pumps, and actuators designed for specific industry applications. The company's global presence and comprehensive product offerings position it as a significant player in the flow control industry.

Key Strategic Focus

Core Objectives

• Innovation: Accelerate new product development to meet evolving industry demands.

• Operational Excellence: Invest in manufacturing capabilities and service infrastructure to enhance efficiency and customer satisfaction.

• Market Expansion: Strengthen presence in existing markets and explore new industry sectors.

Specific Areas of Specialization

• Valves: Design and manufacture application-specific valves for mission-critical operations.

• Pumps: Provide comprehensive pump solutions tailored to various industrial applications.

• Actuators: Develop technology-driven actuators for nuclear safety and non-safety applications.

Key Technologies Utilized

• Advanced Materials: Utilize high-quality materials such as titanium and nickel alloys for custom-made valves.

• State-of-the-Art Manufacturing: Employ CNC-controlled machinery and other advanced manufacturing techniques.

• Sustainability Initiatives: Implement energy-efficient processes and renewable energy sources in manufacturing facilities.

Primary Markets Targeted

• Power Generation: Including nuclear, renewable, and traditional power sectors.

• Oil and Gas: Serving upstream, midstream, and downstream operations.

• Water and Wastewater: Providing solutions for municipal and industrial water treatment.

• Mining and Minerals: Supplying equipment for mining operations.

• General Industry: Serving sectors such as food and beverage, fertilizer, and general manufacturing.

Financials and Funding

Funding History

In December 2024, Trillium completed a refinancing led by funds managed by Blue Owl Capital Inc., providing extended maturity, enhanced liquidity, improved terms, and increased flexibility to support further mergers and acquisitions.

Total Funds Raised

Specific details regarding the total funds raised by Trillium are not publicly disclosed.

Notable Investors

• Blue Owl Capital Inc.: Led the refinancing in December 2024.

• First Reserve: Equity partner in Trillium.

Intended Utilization of Capital

The capital from the refinancing is intended to support Trillium's organic growth strategy, including investments in innovation, operational excellence, and potential mergers and acquisitions to strengthen its position in the flow control industry.

Pipeline Development

Specific details regarding Trillium's pipeline development, including key pipeline candidates, stages of clinical trials or product development, target conditions, and relevant timelines for anticipated milestones, are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

• Floway® Pumps: Globally recognized for superior quality and reliable hydraulic performance.

• Gabbioneta Pumps®: Specializes in heavy-duty centrifugal process pumps.

• Hopkinsons® Valves: Offers parallel slide gate and globe valves.

Significant Scientific Methods

• Advanced Manufacturing Techniques: Utilize CNC-controlled machinery and other state-of-the-art manufacturing processes.

• Sustainability Practices: Implement energy-efficient processes and renewable energy sources in manufacturing facilities.

Leadership Team

Executive Profiles

• Douglas Kitani – Chief Executive Officer (CEO): With over 20 years of experience in private equity, aerospace, and defense, Doug has led the turnaround and growth of companies such as Erickson Incorporated and IAP Worldwide Services. He holds an MBA from Emory University and a Bachelor of Science from the United States Military Academy at West Point.

• Kerem Yilmaz – Chief Financial Officer (CFO): A global executive with experience in finance, investment management, and mergers and acquisitions, Kerem previously served as Vice President at First Reserve Corporation. He holds a Bachelor of Science in Industrial Engineering from Bilkent University and an MBA from INSEAD.

• Mehgan Wichuk – Senior Vice President, General Counsel & Chief Compliance Officer: Mehgan has served as SVP, General Counsel, and Chief Compliance Officer since August 2019. Prior to joining Trillium, she held roles at Gyrodata Incorporated, Seadrill’s Americas division, and Schlumberger. She holds a Bachelor’s degree in Government from the University of Texas and both a JD and MBA from the University of Houston.

• Paolo Vacis – Managing Director, EMEA Pumps: With over 30 years of experience in industrial environments, Paolo has held leadership positions at Ruhrpumpen Global and Flowserve Corporation. He holds an Executive Master in Finance from SDA Bocconi.

• Steven Brayley – Managing Director, Valves: An engineering leader with over 25 years in the power, industrial, and nuclear sectors, Steven has held positions at Weir Power & Industrial and Rolls-Royce. He holds a B.Eng. in Mechanical Engineering from the University of Northumbria at Newcastle and is a Chartered Engineer and Fellow of the Institution of Mechanical Engineers.

• Bryan Voytilla – Managing Director, Americas Pumps: Bryan has nearly 20 years of experience in product and market development, having worked at Celeros Flow Technology, Sulzer, and Cummins Inc. He holds a Bachelor’s degree in Mechanical Engineering from Portland State University.

• Edoardo Garibotti – Managing Director, Strategic Development, EMEA Services: With over 35 years in the global engineered pumps industry, Edoardo has held various leadership positions, including Chairman at Termomeccanica Pompe. He holds a Master’s Degree in Mechanical Engineering from Genoa University in Italy.

• Ali Atmani – Senior Vice President, Enterprise Worldwide, Sales & Marketing: Ali brings over 25 years of experience in the Oil & Gas and Energy industries, having held leadership positions at Weir Flow Control, Valco Group, and Matra Telecom. He holds a Master’s degree in International Business and Trade with Asia from the Faculté des Affaires Internationales in France.

• Ivo Kozel – Global Business Improvement Director: Ivo has over 20 years of experience in quality management, project management, and business improvement, having worked at IMI Critical Engineering, TRW, Koerber Schleifring-Walter, Honeywell, and Textron.

Competitor Profile

Market Insights and Dynamics

The flow control industry is characterized by a diverse range of applications across sectors such as power generation, oil and gas, water and wastewater, and general industry. The market is driven by the need for reliable and efficient flow control solutions, with a growing emphasis on sustainability and technological innovation.

Competitor Analysis

• Edwards: A leading competitor in the flow control industry, Edwards specializes in vacuum and abatement solutions, serving various industries including semiconductor, chemical, and pharmaceutical sectors.

• Ebara Technologies: Operating in the electrical and electronics goods industry, Ebara Technologies provides a range of products including pumps, compressors, and vacuum equipment, catering to sectors such as water treatment, air conditioning, and industrial machinery.