Diligence memo · auto-generated · as of July 2, 2026

Trident Private Holdings III, LLC

Trident Private Holdings III, LLC looks over-valued against its niche peers and is dormant on financing cadence.

DeprioritizeFinancing has gone silent well past the sector's normal cadence — treat as inactive until outside confirmation of a live operation.

Businessfiled

Trident Private Holdings III, LLC operates in Telecommunications, based in NEW YORK.

No verified homepage on file yet — operating evidence is limited to the public record.

Capital & rounds (filed)filed

Trident Private Holdings III, LLC has raised $230M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).

Largest single filing: $230M on 2016-01-11.

Most recent recorded round closed around 2016-01-11.

Valuation (modeled)modeled

Provath models Trident Private Holdings III, LLC at approximately $4.6B (range $1.3B–$10.1B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.

Read: Over-valued. Modeled value is 2.07× the median modeled value of Series D+ Telecommunications companies in 2016–2018 (9 peers) — value vs value, same stage and era.

Financing rhythm & timingmixed

Last raise 10.5 yr ago; this sector typically re-raises about every 10 months.

Only one round on record and long silent — often defunct, acquired, or gone quiet.

Comparablesmixed

Capital scale ranks ahead of 96% of Telecommunications peers (929 compared).

Modeled value ranks above 98% of those peers.

Closest niche peers: IWG Holdings, LLC, GTCR Onvoy Holdings LLC, INFINERA Corp, MIV Greeneden LP Holding SCA, MTN Infrastructure TopCo, LP.

Peoplefiled

11 named people on file across officers, directors and signatories.

Risks & flagsmixed

Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.

Modeled above niche peers — valuation risk on entry.

No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.