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Halifax Group wraps up investment to recapitalize TriMech

The Halifax Group closed an investment to recapitalize TriMech LLC.

The lower-middle-market investor teamed up with TriMech founder Steve Pelham and the company's management, which will continue to lead the business.

The Richmond, Va.-headquartered company provides engineering software, 3D scanners, 3D printers and consumables, as well as other engineering and manufacturing-related offerings. It was a portfolio company of McCarthy Partners Management LLC, doing business as McCarthy Capital.

Piper Sandler Cos. was the exclusive financial adviser for TriMech.