NEW YORK, September 9, 2025 – Proskauer advised Trivest Partners ("Trivest") on its partnership with Vannguard Utility Partners ("Vannguard"), a leading provider of contract utility locating services in the Midwest.
Trivest is a Miami-based, founder-focused private equity firm with over 40 years of experience creating strategic partnerships and fostering growth. The partnership represents the latest platform investment in the Trivest Recognition Fund, which focuses on founder and family-owned businesses that have achieved significant scale and are poised for their next chapter of growth.
Founded in 2000 and headquartered in DeForest, WI, Vannguard specializes in damage prevention of high-consequence gas and electric utilities. The company currently supports utilities across Iowa, Wisconsin, Minnesota, Illinois, Nebraska, South Dakota, Arkansas and Colorado.
The Proskauer team was led by partner Kris Herrmann and associate Joshua Spector (M&A). It also included associates Lauren Altus and J. Ryan Murphy and law clerk Kat Xu (M&A); partner Malcolm Hochenberg and associate Bowon Koh (Tax); partner Nicholas LaSpina and associate Heather Monte (Compensation & Benefits); partner Wai Choy and associate Jiyoon Kim (Technology, Media & Telecommunications); partner Aliza Cinamon (Environmental); partner John Ingrassia and associates Shannon McGowan and Brandon McCoy (Antitrust); and partner Nathan Lander (Insurance).
About Proskauer
The world's leading organizations and global players choose Proskauer to represent them when they need it the most. With 800+ lawyers in key financial centers around the world, we are highly regarded for our expertise combined with our pragmatic and commercial approach. Proskauer is the place to turn when a matter is complex, innovative and game-changing. We work seamlessly across practices, industries and jurisdictions with asset managers, private equity and venture capital firms, Fortune 500 and FTSE companies, major sports leagues, entertainment industry legends and other industry-redefining companies.
Our premier M&A practice is distinguished by the combination of our transactional strength and deep sector knowledge. We are a destination firm for large-cap and middle-market deals with extensive expertise in the structural, cultural and procedural issues that are often at the center of complex, cross-border transactions. From London to New York, Paris to Los Angeles and across the globe, organizations turn to our lawyers for their most significant and transformative transactions. Our multi-disciplinary team offers actionable insights, sophisticated strategies and creative solutions that drive commercial success for our clients.