Denver, CO - Platte River Equity ("Platte River"), a Denver-based private equity firm, is pleased to announce the sale of GME Supply Co. ("GME" or the "Company") to Incline Equity Partners ("Incline"). GME is a premier distributor of critical worker safety and productivity supplies to field-deployed technicians serving multiple infrastructure end markets.
"Platte River's investment played a pivotal role in the acceleration of our growth and development. We are confident that Incline shares our dedication to preserving the award-winning culture that sets GME apart," said Beau Aero, Chairman and Founder of GME.
"We have had a great partnership with Platte River. Under its ownership, we have grown GME meaningfully and made significant investments in our organization. We are looking forward to welcoming Incline as our new partner and continuing to execute on our growth strategies," said Caleb Messer, CEO of GME.
"We are proud of what we have accomplished alongside the GME team and wish them continued success in this next chapter," stated Peter Calamari, Managing Director of Platte River.
"By employing Platte River's consistent strategy of building a strong foundation and investing in logical and adjacent growth strategies, we believe we have helped position GME for long-term growth," said Mike Reilly, Principal of Platte River. "GME has an exceptional management team and culture, and we are thankful for the opportunity to have worked with them."
Harris Williams served as the exclusive financial advisor to GME and Platte River. Bartlit Beck LLP served as legal counsel to Platte River. Incline was advised by BlackArch Partners. Kirkland & Ellis served as legal counsel to Incline.