Location

Marietta, GA

Industry

Industrials

Investment Status

Current

Investment Date

Aug 2022

Founded in 1989, Belt Power is a full-service, value-added distributor and fabricator of conveyor system components, including conveyor belts, equipment and accessories.

Add-On Acquisition Criteria

Ideal Target Characteristics

Distribution and servicing of conveyor system components, including conveyor belts, equipment and accessories

Size

Revenue

$1mm+

EBITDA

$200,000+

End Markets Served

Food processing, beverage, material handling, paper & packaging

“We look forward to partnering with Platte River and will benefit from the firm’s significant experience with industrial distribution businesses. We are excited about continuing to grow our geographic presence and to expand our product offering and breadth and depth of services. We are confident Platte River is the right partner to build upon our history as the leading distributor of conveying solutions.”

Don Heitmeier, CEO

Belt Power

Certain statements made in the embedded video reflect Platte River's and portfolio company management's opinions and beliefs regarding the company and the investment. Such opinions and beliefs are subjective, do not represent a complete assessment of the company, the market or Platte River's overall investment performance and cannot be independently verified. Such statements are being offered as references for purposes of demonstrating the benefits of working with the Platte River team and not for the purpose of soliciting investors. Portfolio company executives receive/received a salary and economics from the respective portfolio company. No executives were paid for their testimonial or endorsement. There is a conflict of interest in these unpaid testimonials and endorsements in that all speakers stand to benefit from Platte River's success and/or their companies are or were a Platte River portfolio company.

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