Palladium Equity Partners Agrees to Sell Trachte, LLC to nVent for $695 Million

Trachte's products and services are a critical part of protecting essential controls, equipment, and infrastructure for electric utilities, data centers, and other commercial and industrial customers. Palladium, which focuses on transforming family and founder-owned businesses, acquired its majority stake in Trachte in 2020. Scott Kirschner, a Principal at Palladium Equity Partners, said, "We are extremely proud of the results achieved at Trachte over the past four years and want to thank Rafael-Diaz Granad ...