Location
Farmers Branch, TX
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.
Distribution of fluid power and automation system components
Revenue
EBITDA
Industrial, infrastructure, mining, 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 opinions and beliefs regarding its investment and portfolio company management’s opinions and beliefs regarding their respective companies. 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 or have received a salary and economic interests from the portfolio company. Certain executives are also investors in Platte River investment vehicle(s), which present a potential conflict of interest, as such executives may have an incentive to provide favorable views of Platte River’s business practices. In addition, portfolio company executives may invest in reduced-fee or fee-free vehicles, and such arrangements could be viewed as a form of indirect compensation in connection with these testimonials.
