Location
Owings Mills, MD
Investment Status
Current
Investment Date
Dec 2023
Website
www.tipcotech.comFounded in 1888, TIPCO is a value-added distributor of fluid conveyance and sealing solutions, operating from 38 strategic locations across the United States. The Company serves a variety of end markets including infrastructure, manufacturing, transportation, government and agriculture/forestry. TIPCO’s long-standing presence in the market is underpinned by its commitment to technology, channel alignment, and customer-oriented solutions.
Distribution and servicing of industrial and hydraulic hose, fluid conveyance and sealing solutions
Revenue
EBITDA
Infrastructure, manufacturing, transportation, government, agriculture/forestry
"Joining forces with Platte River enables us to expand TIPCO's reach and impact across new markets. Their commitment to foundational growth and operational excellence supports our vision of delivering best-in-class service and technology to our customers, and we are eager to see the milestones we will achieve together."
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.
