Location
Addison, IL
Industry
Industrials
Investment Status
Current
Investment Date
Apr 2018
Website
www.dtetrans.comFounded in 1975 and headquartered in Roselle, IL, DTE provides powertrain and transmission repair and maintenance services for customers in the energy, industrial and mining end markets. As an independent, national provider of these services, DTE repairs all major OEM platforms, including Allison, Caterpillar and Twin Disc. The company operates service centers covering all major U.S. shale basins and mining regions and manages an inventory of company-owned and customer-provided powertrains and transmissions.
Add-On Acquisition Criteria
Ideal Target Characteristics
Remanufacturing, repair & maintenance,
specialty in-shop machining
Size
Revenue
$1mm+
EBITDA
$250,000+
End Markets Served
Energy, infrastructure, mining
“We look forward to partnering with Platte River and will benefit from the firm’s significant experience with businesses serving the oilfield and mining end markets. We are especially excited to continue to grow our team of technicians to keep up with demand for our services, enter new geographies and expand the services we offer to both current and new customers.”
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.