Trachte announces acquisition of Parkline Inc.
Trachte, an Oregon, Wisconsin-based provider of highly engineered protection and control buildings with mission-critical applications, today announced that it has acquired Parkline Inc., a manufacturer and service provider based in West Virginia.
The transaction combines the strengths of Trachte and Parkline into a leader in the U.S. protection and control buildings market, with broad product offerings and a diversified end-user base.
Trachte’s products and services protect essential controls, equipment, and infrastructure for electric utilities, data centers, and other commercial and industrial customers. The combined Trachte and Parkline will have manufacturing capacity in Wisconsin, Northeast Georgia, and the Mid-Atlantic and Southwestern U.S. The company will offer highly engineered, pre-manufactured protection and control buildings as well as site-built capabilities.
Trachte purchased Parkline from Summit Park, which will be rolling equity into the transaction. Palladium Equity Partners, which acquired Trachte in September 2020, invested additional equity in support of the transaction.