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).
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