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TPEG SELLS UTOPIA


January 2015: Trinity Private Equity Group provided $5.0 Million in investment capital for the recapitalization of Utopia Holdings, LLC and related subsidiaries. In October 2020, Utopia was sold to Genstar-backed Prometheus Group.


Investors realized an IRR of 41.7% and a cash-on-cash return of 5.76x over the 69-month investment period. Future payouts from escrow release and earnouts are expected to push the cash-on-cash multiple to 7.0x or higher, with the final IRR being in the 48%+ range.