Bertram Capital Invests in Motion Control Enterprises to Enhance Industrial Distribution Network
Bertram Capital Strengthens Its Portfolio
In a significant move within the industrial sector, Bertram Capital has announced its investment in Motion Control Enterprises LLC (MCE), a prominent distributor specializing in engineered solutions. This strategic investment aims to bolster MCE's product offerings, enhance service capabilities, and expand its geographic reach across the United States.
Expanding the Footprint of Motion Control Enterprises
MCE, headquartered in Zelienople, Pennsylvania, has made substantial strides since its inception in 2018, primarily through the acquisition of RitterTech. With a network that serves over 25,000 customers from 50 locations nationwide, MCE has demonstrated a robust capacity to cater to diverse industrial needs. By acquiring MCE, Bertram Capital marks its seventh platform investment from Fund V, emphasizing their commitment to growing firms with potential in industrial distribution.
The partnership between Bertram and MCE signifies a shared vision aimed at scaling the business. Charley Hale, CEO of MCE, expressed enthusiasm about working with Bertram, highlighting the firm’s understanding of MCE’s operations and its experience in supporting acquisition-driven platforms. Despite the investment, Hale and the existing leadership team will remain at the helm, retaining significant stakes in the company, which is structured to promote continuity and stability.
Transformative Growth and Value Creation
Under the leadership of Charley Hale, MCE has executed 27 acquisitions, significantly enhancing its service and repair capabilities as well as its product breadth. Bertram Capital, with its extensive experience in industrial distribution, will leverage this growth trajectory to unlock further opportunities for advancement.
Kevin Yamashita, Managing Partner at Bertram Capital, remarked on MCE's established national platform, emphasizing the company's commitment to delivering critical equipment solutions to its customers. The addition of Bertram’s multi-faceted resources, particularly through Bertram Labs, will equip MCE to utilize technology to optimize operations further.
Strengthening Industry Solutions
MCE's offerings span across motion systems, flow control, and rotating equipment controls, paired with comprehensive application engineering services. This breadth of capabilities enables MCE to meet ongoing maintenance, repair, and operations (MRO) demands across varied industrial sectors.
Moreover, the partnership aligns with Bertram’s operationally focused value-creation strategy, the Bertram High-5℠, which aims to enhance management practices, operational efficiencies, and focus on strategic acquisitions. This structured approach is tailored for MCE, ensuring all facets of operations align towards maximized productivity and customer satisfaction.
Looking Ahead
As the industrial landscape continues to evolve, the collaboration between Bertram Capital and Motion Control Enterprises signifies a pivotal step towards fostering innovation within industrial distribution. Hale's strategic vision blends seamlessly with Bertram’s ambitions, setting a course for the company's future growth alongside the projected demands of a diverse client base.
In conclusion, this partnership not only strengthens Bertram Capital’s portfolio but also sets MCE on a promising trajectory of significant growth potential in the industrial distribution space, addressing the critical needs of its customers with enhanced resources and capabilities. As both entities embark on this new chapter, they remain committed to operational excellence and creating value for their partners and customers alike.