Tron Capital

Tron Capital, which also appears as TPG/Tron Capital Partners, is an investment firm that puts capital into troubled companies and stalled real estate. It concentrates on the Eastern United States and looks for situations where the fix is operational and financial rather than dependent on rapid sales growth.

Services

• Equity and debt investment: buys into companies and properties through outright purchase or by acquiring their debt.
• Secured bridge financing: supplies short-term secured funding as a route to gaining ownership.
• Turnaround plans: each deal comes with a written plan to restore profitability through performance improvement, financial restructuring and fresh capital.
• Hands-on management involvement: usually expects a role in strategy, often at board level.
• Real estate completion and repositioning: finishes unfinished construction and remarkets projects.

Who it works with

The firm targets stalled or non-performing multi-unit residential and commercial property, and struggling manufacturing, distribution and services companies. Typical targets are underperforming, in default, in bankruptcy, short of cash or carrying a record of repeated losses.

Key facts

• Region: Eastern United States
• Focus sectors: manufacturing, distribution, services and real estate