About TRP
TRP is a private equity firm founded in 1997. It is primarily based in Michigan, United States. As of Jan 2026, TRP has a portfolio of 30 companies, comprising 28 funding rounds and 5 acquisitions. The firm primarily invests in companies based in United States and Canada. Its portfolio is spread across a wide range of sectors from Auto to Consumer. Its latest investment was a $***** PE round in Star Laundry on 2024
Overall TRP portfolio has seen 4 IPOs and 13 acquisitions including key companies like CarLotz, Penske Automotive and 4Refuel. A lot of funds co-invest with TRP, with names like Chimera sharing a substantial percentage of its portfolio.
TRP has a team of 10 people, including 5 partners.
TRP's Portfolio
TRP has a portfolio of 30 companies. They have invested in a total of 28 companies. Their most recent investment was in Star Laundry (PE round) on 2024. Here are the most recent investments by TRP:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
2024 | PE | 1573 | - | |
Mar 11, 2022 | Series D | 6637 | ||
Feb 11, 2019 | Series A | 5597 | ||
Oct 13, 2017 | Series B | 4014 | - |
TRP has acquired 5 companies. Their most recent acquisition was of Endurance on Jul 22, 2015. Here are the most recent acquisitions by TRP:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Jul 22, 2015 | Provider of vehicles coverage plan services | - | 2006 | |
Aug 15, 2007 | Manufacturer of luxury boats & yachts | - | 1968 | |
Jun 12, 2017 | Auction and re-marketing services for powersport vehicle | - | 1990 | |
Feb 01, 2006 | Provider of transportation and freight forwarding services | - | 1999 |
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Here is the portfolio snapshot of TRP:
Investments by Year
The maximum number of investments were made in 2024
Portfolio by Location
Companies are primarily in United States and Canada
Portfolio by Sector
Companies are primarily in Auto
Team profile of TRP
TRP has a team of 10 members including 5 Partners and 1 Principal located in United States and United Kingdom. TRP's team does not sit on the board of any company as of now.Here is a list of all team members in TRP:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Secaucus | - | ||
Partner | - | - | ||
Partner | Birmingham | - | ||
Partner | New York City | - | ||
Partner | New York City | - | ||
Principal | New York City | - |
Co-investors of TRP
Over the past 29 years, 5 investors have co-invested in TRP's portfolio companies.
- Top Co-investors of TRP: 5 investors entered a company along with TRP. These include investors like Chimera (1 company).
TRP News
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Ares Commercial Finance Agents $150MM Senior Secured Financing for Lifted TrucksABFJournal•Sep 24, 2025•Lifted Trucks, Nonantum Capital Partners, Ares Commercial Finance, UMB Bank and 1 other
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Barings, Kline Hill Partners, and Adams Street Partners Co-Lead Closing of TRP Capital Partners’ Continuation Fund for GenOx Transportation Inc.Business Wire•Feb 26, 2024•Kline Hill Partners, TRP, Barings, Adams Street Partners and 1 other
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Ares Commercial Finance Provides Credit Facility to Priority WasteABFJournal•Nov 30, 2023•Ares Commercial Finance, Priority, TRP
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Nonantum Capital Partners acquires Helix Traffic SolutionsPrivate Equity Wire•Aug 18, 2021•Nonantum Capital Partners, Helix Traffic Solutions, Lifted Trucks, TRP
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Waterfall, TRP Capital Partners Invest in Truck Rental Firm Flex FleetTtnews•Apr 12, 2019•Flex Fleet Rental, Waterfall, TRP
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CarLotz Partners with TRP Capital Partners to Fund National ExpansionVCA Online•Sep 19, 2017•CarLotz, TRP
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Platinum Equity Acquires HomeDirect, Combines Business with MXD GroupPlatinum Equity•Sep 26, 2013•Platinum Equity, HomeDirect, MXD Group, TRP
