News

Platte River Equity Invests in Dealers Transmission Exchange

April 25th, 2018

Denver, CO – Platte River Equity (“Platte River”) announced today that it has invested in Dealers Transmission Exchange (“DTE” or the “Company”) in partnership with the existing owners of the Company.  Founded in 1975 and headquartered in Roselle, IL, DTE is a provider of powertrain and transmission repair and maintenance services to customers in the …

Platte River Equity Portfolio Company, Profile Products, Acquires Southern Athletic Fields

April 4th, 2018

BUFFALO GROVE, IL – Profile Products (“Profile” or the “Company”), the leader in solutions for soil modification, erosion control and plant establishment, announces the acquisition of Southern Athletic Fields (“SAF”). The acquisition of SAF complements and strengthens Profile’s presence and offerings in the sports field construction and maintenance industry through the Company’s Turface Athletics brand, …

Platte River Equity Portfolio Company, MFG Chemical, Acquires Gulf Bayport Chemicals

March 20th, 2018

DALTON, GA – MFG Chemical, LLC (“MFG”), a specialty chemical manufacturer of polymers, surfactants and esters, announced today that it has acquired Gulf Bayport Chemicals LP (“GBC” or the “Company”).  Headquartered in Houston, TX, with plant operations in Pasadena, TX, GBC is a manufacturer of maleic anhydride derivatives and provides a variety of contract manufacturing, warehouse …

Andrew J. Gustin Joins Platte River Equity as Head of Business Development

November 30th, 2017

November 29, 2017, Denver, CO – Platte River Equity (“Platte River”) announced today that Andrew J. Gustin has joined as Principal, Head of Business Development.  Mr. Gustin comes to Platte River following the raising of the firm’s $625 million fourth fund, which closed earlier this year. Mr. Gustin brings more than ten years of experience …

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 …