Corrections Specialist Trinity Acquires Swanson
Move bolsters company's portfolio with Swanson's software services and commissary products offerings.
March 20, 2014
Trinity Services Group, a major provider of food, commissary and technology services to the corrections industry, has completed the acquisition of Swanson Services Corp. Denver-based Swanson, owned and operated by three generations of the Swanson family since its founding in 1983, provides commissary services, resident banking software and kiosk communication solutions to more than 500 corrections facility clients in 41 states.
“With the acquisition of Swanson completed, we are excited to expand our secure commissary operations to new markets and clients, while offering a growing array of services and improved buying power to our current customers,” says Trinity CEO Jim Long. “We will spend the coming months building on the combined strengths of both companies to form a truly relationship-focused organization that is a proud partner to the corrections industry.”
“Swanson was built on a history of long-term, mutual partnerships and this is an exciting nod to that legacy,” adds Swanson President Kelly Swanson. “We also believe our current commissary clients will benefit from Trinity's impressive Food Service programs that will provide an attractive suite of services, helping many jails continue to ease the financial pressures they face.”
“The Swanson acquisition adds tremendous value to the Trinity network value proposition through an industry leading technology platform, best-in-class customer service, and significant operating efficiencies of the combined organizations," says Jeff Zanarini, a managing director of H.I.G Capital, LLC, which owns Trinity.
Headquartered in Oldsmar, FL, Trinity is one of the nation's largest providers of food service, commissary and technology services to the corrections industry. Founded in 1990, it provides support services to 400 correctional facilities across 33 states, Puerto Rico and the U.S. Virgin Islands.
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