Houlihan Lokey Advises Trillium Engineering

Houlihan Lokey is pleased to announce that Trillium Engineering has received a substantial investment from J.F. Lehman & Company. The transaction closed on March 30, 2021.

Headquartered in Hood River, Oregon, Trillium Engineering, LLC, is a leading designer and manufacturer of highly engineered camera gimbals for unmanned aerial systems (UAS) performing mission-critical intelligence, surveillance, and reconnaissance missions. Serving as the mission-enabling “eyes” of UAS, the company’s products provide best-in-class stability and imagery for real-time geospatial and geolocation applications in the visible and infrared spectrums. Trillium serves a diversified array of domestic and international defense and government UAS OEMs, integrators, and end users.

J.F. Lehman & Company is a leading middle-market private equity firm focused exclusively on the aerospace, defense, maritime, government, and environmental sectors.

Houlihan Lokey served as the exclusive financial advisor to Trillium. This transaction represents Houlihan Lokey’s fifteenth unmanned systems transaction in recent years and underscores the firm’s continued global leadership and expertise in the unmanned systems market.

Houlihan Lokey’s Aerospace, Defense & Government (ADG) practice within the global Industrials Group is a leading M&A advisor to aerospace, defense, and government services companies. Since the beginning of 2020, the team has closed more than 25 transactions worth over $6 billion in enterprise value. With a staff of approximately 30 investment bankers in Washington, D.C., London, and Los Angeles, Houlihan Lokey’s ADG practice is among the largest dedicated industry banking groups worldwide. In 2020, the Industrials Group was once again ranked as the No. 1 M&A advisor for all U.S. industrial transactions, according to Refinitiv (formerly known as Thomson Reuters).