Platte River Equity

Platte River Equity's Managing Directors, Peter Calamari and Mark Brown, recently sat down with Andy Szal at Industrial Distribution to discuss what’s next for distribution – and how Platte River's companies are working to meet it. Peter and Mark co-lead Platte River's Industrial practice, including current portfolio companies such as TIPCO Technologies and Belt Power, LLC. Amid the evolving landscape of technology, Peter and Mark explore the trends that are set to reshape the distribution sector in the years ahead. They touch on AI, automation systems, e-commerce, ERP, and more strategies that Platte River is implementing across its portfolio companies. To read the full article published in Industrial Distribution, please visit their website: https://lnkd.in/gG7CQywP

Platte River Equity's portfolio company Municipal Emergency Services, Inc. (MES) announced today that, in connection with a long-planned transition, the MES Board of Directors has selected Marvin Riley to succeed Thomas Hubregsen as the Company’s Chief Executive Officer. Mr. Hubregsen will transition from the role of Chief Executive Officer to the full-time position of Executive Chairman. To read more about the transition please visit our website: https://lnkd.in/d5_ptDkK

Platte River Equity portfolio company Municipal Emergency Services, Inc. (MES) is pleased to announce its acquisition of Firefighter Trucks, Inc. Based in Las Cruces, NM, Firefighter Trucks specializes in fire apparatus distribution and service, and will further diversify MES’ sales territory to encompass Alexis Fire Equipment and HME Ahrens-Fox’s complete product line in New Mexico and Colorado. Head to our website to read the full press release: https://lnkd.in/gzp4UY5G

Platte River Equity is pleased to announce its portfolio company Belt Power, LLC, a full-service distributor and fabricator of belting and components for lightweight conveyor systems, has acquired substantially all of the U.S. assets of Mol Belting Systems, Inc. Founded in 1986 and based in Grand Rapids, MI, Mol is a second-generation, family-owned fabricator and distributor of conveyor belts and power transmission products and accessories. Please visit our website to read the full press release: https://lnkd.in/gRyFWQmZ

Platte River Equity is pleased to announce its portfolio company Belt Power, LLC, a full-service distributor and fabricator of belting and components for lightweight conveyor systems, has acquired Avtech Industrial Products. Founded in 2000 and based in Phoenix, AZ, Avtech is a distributor of conveyor belts, motors, drives, hose & fittings, gearboxes, and other industrial products, and also offers installation, fabrication, and repair services. Head to our website to read the full press release: https://lnkd.in/g4sbbCaF

Today we shared our fourth installment of our Engines of America Series, highlighting TIPCO Technologies. Please visit our website to read the full piece from Rob Lyons and Brad Marshall, Co-CEOs at TIPCO Technologies. https://lnkd.in/g6SA3UBw

Platte River Equity is excited to announce its portfolio company MFG Chemical, LLC, a specialty and custom manufacturer of complex chemistries, has acquired HP Polymers Ltd. HPP is an independent North American paint and coatings resin manufacturer based in Puslinch, Ontario. Please visit our website for the full press release: https://lnkd.in/gcg5Gqah

We are excited to announce that Hose Of South Texas Inc has joined our portfolio company TIPCO Technologies! This strategic move will expand TIPCO's presence in the dynamic Texas markets, further establishing the Company's presence in the region. Please visit our website for the full press release: https://lnkd.in/g7XHTS9N

Thank you BluWave, LP for once again recognizing Platte River Equity as a Top Private Equity Innovator, placing us among the top 2% of PE firms in 2024 for our innovation across proactive due diligence, transformative value creation, modern private equity firm operations and corporate citizenship.* *BluWave, LP has not received investment capital from and holds no ownership interest in the PE firms evaluated or recognized under the Top Private Equity Innovator awards program. BluWave received no compensation from any of the PE firms in connection with this awards program. However, BluWave may otherwise provide services to the PE firms and/or portfolio companies, but BluWave confirms that its assessment of the PE firms was independent of any such service arrangements. Top 2% in the PE industry is based on BluWave’s review of the more than 5,000 PE firms in the U.S. and Canada from which the PE firms were selected as award recipients.

Thank you Grady Campbell Incorporated for recognizing Platte River Equity as a 2024 Top 50 PE Firm in the Middle Market for the third year in a row! *** The “Top 50 PE Firms in the Middle Market” is a program designed by GCI Publishing to acknowledge and promote small and mid-sized leading private equity firms in the middle market. Winning firms are selected based upon their track record, reputation, leadership and third-party endorsement. Platte River is not aware of the number of advisers also surveyed for this award. Platte River did not pay a fee to receive this award but does pay a fee to use marketing collateral associated with the award. Platte River is not affiliated with GCI Publishing. Platte River received the award in 2020, 2022, 2023 and 2024. More information about the Top 50 PE Firms in the Middle Market award is available at https://lnkd.in/gM_PggeW.