# Trive Capital
Firm at a glance
Trive Capital is a platform-focused private equity firm headquartered in Dallas, Texas, managing more than $8 billion in regulatory assets under management as of July 2026 [S1].
What they buy
Trive Capital pursues control investments in middle-market companies across North America. Recent public transaction activity shows the firm acquiring businesses in industrial manufacturing and fitness franchising sectors [S2][S3]. The firm closed its fifth fund in April 2025 with $2.7 billion in commitments, signaling continued appetite for platform acquisitions [S4].
Portfolio
Public records identify at least two recent platform investments. Independent Forgings and Alloys, an industrial manufacturing business, was acquired in February 2025 [S2]. Crunch Canada Holdings, a fitness franchise operator, was acquired in partnership with 808 Capital Partners in November 2024 [S3]. Additional portfolio holdings may exist but are not disclosed in available public sources as of July 2026.
Recent activity (last 24 months)
– **April 2025**: Closed Fund V with $2.7 billion in commitments [S4]
– **February 2025**: Acquired Independent Forgings and Alloys [S2]
– **November 2024**: Acquired Crunch Canada Holdings alongside 808 Capital Partners [S3]
How this firm fits a seller
Trive Capital appears positioned for sellers seeking a well-capitalized buyer with multi-billion-dollar fund capacity. The firm’s recent fund close and active deal flow through early 2025 suggest ongoing acquisition activity. Sellers in industrial or consumer-facing sectors may find alignment based on observed transaction patterns, though the firm’s full sector focus is not publicly detailed.
Sources
[S1] https://trivecapital.com (as of 2026-07-10)
[S2] https://www.kroll.com/en/transactions/sell-side-advisor-independent-forgings-and-alloys (as of 2025-02)
[S3] https://www.pehub.com/trive-capital-and-808-capital-partners-invest-in-crunch-canada-holdings/ (as of 2024-11)
[S4] https://pulse2.com/trive-capital-fund-v-closed-with-2-7-billion-in-commitments/ (as of 2025-04-08)
Frequently asked questions
Does Trive Capital buy industrial manufacturing businesses?
Yes, public records confirm Trive Capital acquired Independent Forgings and Alloys, an industrial manufacturing company, in February 2025 [S2]. This transaction demonstrates the firm’s willingness to invest in the industrial sector, though the full scope of its sector preferences is not publicly disclosed.
What companies has Trive Capital acquired recently?
Trive Capital’s most recent publicly reported acquisitions include Independent Forgings and Alloys in February 2025 [S2] and Crunch Canada Holdings in November 2024 [S3]. Both transactions occurred within the past 24 months and represent platform investments.
Where is Trive Capital based and how big is the firm?
Trive Capital is based in Dallas, Texas, and manages more than $8 billion in regulatory assets under management as of July 2026 [S1]. The firm closed its fifth fund in April 2025 with $2.7 billion in commitments [S4].
Is Trive Capital still actively acquiring?
Yes, Trive Capital appears to be actively acquiring businesses. The firm completed two platform acquisitions in the past 12 months, most recently in February 2025 [S2], and closed a new $2.7 billion fund in April 2025 [S4], indicating continued investment capacity.
This profile is maintained by CT Acquisitions as an independent third-party reference. CT Acquisitions is not affiliated with, endorsed by, or a representative of the firm profiled. All facts sourced from publicly available materials as of the dates cited.