Marigny Investments, a private equity firm, has acquired Victory Supply.
Victory Supply is a Tennessee-based, value-add distributor specializing in inmate clothing and detention supplies.
Josh Sartisky, founder of Marigny Investments, said, “I am excited to partner with the Trommers and continue to grow Victory Supply together. The Victory team has done an extraordinary job of servicing a fragmented customer base by prioritizing their needs. We look forward to continuing to scale the business while maintaining the culture that has made them so successful.”
Greyrock Capital Group provided equity and subordinated debt financing, UMB Bank provided senior debt financing and Bryan Cave Leighton Paisner served as legal counsel for Marigny Investments.
The Lennox Group served as financial advisor and Nelson Mullins served as legal counsel for Victory Supply.