Location
Milwaukee, WI
Industry
Industrials
Investment Status
Realized
Investment Date
Nov 2016
Realized Date
Sep 2021
Sold to
Levine Leichtman Capital Partners
Headquartered in Milwaukee, WI, IPM provides precision on-site machining and other field services to a wide range of industrial, marine and hydroelectric customers throughout the world. IPM leverages its highly skilled workforce and significant inventory of dedicated machine tools and systems to solve its customers most challenging and complex needs.
“We have always been pioneers in the field of on-site machining and are confident that Platte River is the right partner to help us maintain that legacy while achieving transformational growth.”
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.
