Trivest Sells DEI Holdings For $285M

Trivest Partners is selling its stake in the consumer electronics maker DEI Holdings.

Trivest Partners is selling its stake in the consumer electronics maker DEI Holdings, AltAssets reports. The U.S. private equity firm will get a total of $285 million from the sale.

The buyer of the company is mid-market investor Charlesbank Capital Partners. The transaction value also includes the assumption of the company’s debt. Trivest acquired a 36% in the company over 10 years ago.

Click here for the story from AltAssets.