GA News
GA News
Trow Announces Partnership with General Atlantic
06.18.08
Print ArticleBRAMPTON, ONTARIO --Trow Global (Trow), a multidisciplinary engineering and consulting firm, announced today that it has received a minority investment from global growth equity firm General Atlantic LLC (GA) to support Trow’s global expansion. Philip Trahanas, Managing Director with General Atlantic, will be joining Trow’s Board of Directors. Terms of the investment were not disclosed.
General Atlantic’s investment was instrumental in financing Trow’s recent combination with Teknika HBA, expanding their employee base, technical offerings and geographic footprint, and establishing a platform for continued growth and global expansion.
One of the world’s leading global growth equity firms, General Atlantic is focused on providing capital and strategic support to growth companies. General Atlantic brings expertise in the enterprise solutions sector and in partnering with fast growing, market-leading companies as they expand globally.
“We are pleased to welcome General Atlantic as an investor and strategic partner,” said Vlad Stritesky, President of Trow. “As part of Trow’s strategic business plan we continue to focus on the needs of our clients and expand our footprint. It is critical for our expansion to team up with a leading global investor who can help accelerate our growth by being a value-added partner.”
Mr. Trahanas said, “We are pleased to have made this investment and see tremendous opportunities as the demand for infrastructure improvements globally continues to increase. Trow has invested heavily in the development of its people and its own systems and processes so that it can continue to provide knowledge and expertise to its clients. We look forward to helping Trow as it leverages the benefits of the merger to drive continued significant growth over the long term.”
About Trow
Founded in 1957 and with over 50 years of service, Trow has grown in size into one of Canada’s largest engineering and consulting firms. With offices across Canada, the U.S. and internationally, and with projects around the globe, Trow’s team includes approximately 2,000 employees, which include specialist engineers and technical experts from 60 Canadian, U.S. and international locations. Selected as a winner of Canada’s 50 Best Managed Companies Program for 2001 and 2006, and a requalifier for 2002, 2003, and 2007, Trow provides integrated solutions to the Commercial, Energy, Industrial, Infrastructure, Institutional, Residential and Transportation sectors. Today the Company continues to enjoy dynamic growth on a global scale. For more information on Trow, its services and its projects, please visit www.trow.com.
About General Atlantic
General Atlantic is a leading global growth equity firm providing capital and strategic support for growth companies. GA combines a collaborative global approach, sector-specific expertise, longterm investment horizon and a deep understanding of growth drivers to partner with great management and build exceptional businesses worldwide. Founded in 1980, GA manages approximately $17 billion in capital and has more than 70 investment professionals based in Greenwich, New York, Palo Alto, London, Düsseldorf, Hong Kong, Mumbai and São Paulo. For further information and a listing of GA's public and private portfolio companies, please visit www.generalatlantic.com.
Media Contacts:
For Trow Global:
Janet Atkins-Dauphinais
National Marketing Manager
Phone : 905-451-2100 xtn. 221
janet.atkins-dauphinais@trow.com
www.trow.com
For General Atlantic:
Pat Hedley
Sr. Vice President
Phone : 1-203-629-8658
phedley@generalatlantic.com
www.generalatlantic.com




