Location
Farmers Branch, TX
Industry
Industrials
Investment Status
Current
Investment Date
Feb 2023
Website
www.evolutionmotion.comEvolution Motion Solutions is an engineering partner, systems integrator and value-added distributor of advanced hydraulic, electromechanical and pneumatic technologies. For over 80 years, Evolution’s innovative solutions have been built on a foundation of technical excellence and industry-leading components designed for mobile and off-highway, heavy industrial and factory automation applications.
Add-On Acquisition Criteria
Add-ons Completed
Ideal Target Characteristics
Distribution of fluid power and automation system components
Size
Revenue
$1mm+
EBITDA
$200,000+
End Markets Served
Industrial, infrastructure, mining and energy
"We have known the Platte River team for a number of years and are excited to partner with them given their track record, industrial distribution expertise and culture. We look forward to expanding the service and support we provide to our suppliers and customers and plan to leverage Platte River's extensive experience to continue our strong growth trajectory. We could not be more excited about this partnership and the alignment of our strong cultures."
Testimonials and endorsements 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 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 they work/worked for a Platte River portfolio company.