News

Platte River Equity Announces the Sale of Wildcat Minerals to Eagle Materials

September 1st, 2017

Platte River Equity (“Platte River”) is pleased to announce the sale of its portfolio company, Wildcat Minerals Holdings LLC (“Wildcat”), to Eagle Materials Inc. (NYSE: EXP) in a transaction that closed on July 27, 2017. Headquartered in Golden, Colorado, Wildcat operates one of the largest independent terminal networks in the United States, providing transloading, logistics …

Platte River Equity Announces the Sale of ACT Independent Turbo Services, Inc. to Doosan Heavy Industries & Construction

July 26th, 2017

Platte River Equity (“Platte River”) today announced the sale of its portfolio company, ACT Independent Turbo Services, Inc. (“ACT”), to Doosan Heavy Industries & Construction (KRX: 000150) (“Doosan”). Headquartered in Houston, Texas, and founded in 1996, ACT is a leading independent full-service gas and steam turbine repair company focused on large frame turbines for power …

Platte River Equity Closes Its Fourth Fund at Hard Cap of $625 million

June 29th, 2017

The Denver-based private equity firm maintains its industry-focused lower middle market investment strategy. Platte River Equity (“Platte River”) announced today the successful closing of its fourth private equity investment fund, Platte River Equity IV, L.P. (“Fund IV”). Platte River launched fundraising in March of this year with an initial target of $550 million and closed …

Platte River Equity Acquires MFG Chemical

June 27th, 2017

Denver, CO – Platte River Equity announced today that it has acquired MFG Chemical (“MFG” or the “Company”) in partnership with the Charles E. Gavin, III Family and management. Headquartered in Dalton, GA, MFG is a specialty chemical manufacturer of polymers, surfactants and esters used in various applications in the oil field, water treatment, mining, coatings and …

Platte River’s Peter Calamari on Mergers & Acquisitions Roundtable

April 17th, 2017

Lower middle market keeps up busy pace. As the M&A industry continues to experience very competitive market conditions private equity firms transacting in the lower middle market are looking for ways to win deals without over paying. And of course they are then looking to add value to these companies and sell them as stronger, …

Platte River Equity Promotes Derria Banta to Managing Director & Chief Financial Officer

March 14th, 2017

Denver, CO – Platte River Equity announced today the promotion of Derria D. Banta to Managing Director & Chief Financial Officer. She will oversee both firm and fund administration for Platte River and also serves as its Chief Compliance Officer. Derria joined Platte River in 2012 as Chief Financial Officer, having led the firm’s fund …

Platte River Equity Announces Promotion of Mark Brown to Managing Director

February 7th, 2017

Denver, CO – Platte River Equity announced today the promotion of Mark A. Brown to Managing Director of the firm. Mark joined Platte River in 2011 and focuses on the firm’s investments in industrial and energy products and services companies. He is a director of several Platte River portfolio companies, including In-Place Machining Company, Huskie Tools, Wildcat …

In Memoriam: William H. Robb

January 18th, 2017

Denver, CO – Platte River Equity mourns the loss of our dear friend and colleague Bill Robb who passed away on Saturday, January 14, following a three year battle with cancer. Bill had been a Managing Director at Platte River Equity since its founding in 2006 and played an important role in the firm’s success. …

Platte River Equity Acquires Tiger-Sul Products

December 12th, 2016

Denver, CO – Platte River Equity announced today that it has acquired Tiger-Sul Products (“Tiger-Sul” or the “Company”), a global leader in sulphur fertilizers and crop performance products, in partnership with existing management. Tiger-Sul was acquired from H.J. Baker & Bro., Inc., which has owned the Company since 2005 and will retain a minority equity position. Tiger-Sul’s …

Platte River Equity Invests in In-Place Machining Company, LLC

November 28th, 2016

Denver, CO – Platte River Equity (“Platte River”) announced today that it has invested in In-Place Machining Company, LLC (“IPM” or the “Company”) in partnership with the existing ownership of the Company. Founded in 1976 and headquartered in Milwaukee, Wisconsin, IPM is a globally-recognized service company focused on providing highly technical, precision on-site machining & measurement services …