Location
Clover, SC
Industry
Industrials
Investment Status
Current
Investment Date
Sep 2015
Website
www.spartacogroup.comHeadquartered in Clover, SC, Spartaco is an independent provider of professional-grade, battery-powered hydraulic cutting and crimping tools, wiring and cabling tools and lighting solutions, used in the electric utilities, telecommunications, military and industrial end markets.
Add-On Acquisition Criteria
Add-ons Completed
Ideal Target Characteristics
Hand tools and related products serving
work-at-height technicians
Size
Revenue
$1mm+
EBITDA
$250,000+
End Markets Served
Utility, telecommunications, arborist,
electrical, government
"We are looking forward to working closely with Platte River and learning from their prior experiences as we continue to develop new products, penetrate new end markets and expand geographically."
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.