Energy-Tech Firm Trilliant Explores Sale With Help of Jefferies

The owners of Trilliant Holdings Inc. are exploring a sale of the smart-grid technology company after attracting inquiries from potential buyers, according to people familiar with the matter.

Founder Steve Muzzo owns a majority stake in the business alongside Toronto-based private credit firm Third Eye Capital. After receiving expressions of interest, they hired Jefferies Financial Group Inc. to speak with potential bidders, the people said, asking not to be identified discussing private deliberations.