FARIBAULT, Minn. — Trystar purchased Load Banks Direct (LBD). The acquisition will complement Trystar’s market position as a supplier of portable and permanent power solutions for a broad range of customers, including utilities, mission critical facilities, events, disaster recovery operations, and many others.
“Trystar and Load Banks Direct are very similar organizations with a similar approach” said Andrew J. Smith, CEO, Trystar. “LBD products have been connected to Trystar docking stations thousands of times over the years. This new relationship will harness the extensive technical knowledge of both organizations to create new products and solutions that neither could supply alone. Combining our businesses will expand our mutual reach in the power industry to accelerate the continued growth of the combined company.”
“Our teams will remain focused on execution of our businesses to ensure we continue to provide the industry-leading support customers have come to expect,” said Martin Glover, president, LBD. “In addition, both LBD and Trystar customers will have greater access to the technical resources of both companies and benefit from working with a combined organization on critical projects.”