May River Capital Merges Advanced Material Processing and Automated Handling Solutions Platforms
In a strategic move set to reshape the industrial landscape, May River Capital, hailing from Chicago, has announced the merger of its two renowned portfolio companies: Advanced Material Processing (AMP) and Automated Handling Solutions (AHS). This landmark merger is designed to streamline operations and bolster the capabilities to meet the diverse needs of customers across various sectors, including food and beverage, pharmaceuticals, nutraceuticals, and chemicals.
The newly formed entity will boast its headquarters in Charlotte, North Carolina, complementing its operational excellence across multiple facilities situated in Marion, Iowa; Visalia, California; Manchester, UK; and Frankfurt, Germany. This strategic location selection aims to enable better access to an extensive customer base while providing enhanced service delivery.
Bringing together decades of industry expertise, the combined forces of AMP and AHS will leverage their notable brands such as Marion, Kason, Cablevey, and Spiroflow. Collectively, these brands represent over 200 years of experience in the materials processing and handling sectors. The merger promises a comprehensive suite of equipment and services, ranging from mixers, dryers, and thermal processing systems to conveyors and bulk product handling solutions.
Highlighting this significant union, Steve Griesemer, a partner at May River Capital, expressed enthusiasm over merging the robust management teams, complementary product portfolios, and impressive technical capabilities of AMP and AHS. He stated, "The combination of these formidable assets and their respective respected trademarks positions us to enhance service delivery to our clientele, paving the way for our next phase of growth."
Seth Vance, the newly appointed CEO of the merged platform, emphasized that this merger marks a pivotal milestone for the companies involved. He noted, "We are steadfast in our commitment to building a valuable asset with the capabilities needed to serve global clients who operate in high-failure-cost environments. We are excited to collaborate with our loyal customers and our leadership team to drive continued growth and innovation in our sector."
To facilitate this transition, May River Capital engaged financial and legal advisors including Winston & Strawn LLP, Paul Hastings LLP, and Robert W. Baird & Co. The merger's debt financing was secured through Kayne Anderson Private Credit and Northstar Capital.
May River Capital's focus remains on partnering with lower middle-market industrial companies, investing in high quality, growth-oriented enterprises within precision manufacturing, engineering products, specialized industrial services, and value-added distribution.
For more insights about AMP and AHS, or to explore their extensive portfolio of offerings encompassing equipment, parts, and service solutions tailored for material processing and handling, prospective clients can visit their respective websites at www.amprocessing.com and www.automatedhandling.com.
This merger not only positions May River Capital as a formidable player in the industry but also sets a new standard in operational excellence, product reliability, and innovative solutions for high-value materials processing and handling. The market can certainly expect advancements and superior services as the newly merged entity navigates through this exciting chapter of its journey.
The newly formed entity will boast its headquarters in Charlotte, North Carolina, complementing its operational excellence across multiple facilities situated in Marion, Iowa; Visalia, California; Manchester, UK; and Frankfurt, Germany. This strategic location selection aims to enable better access to an extensive customer base while providing enhanced service delivery.
Bringing together decades of industry expertise, the combined forces of AMP and AHS will leverage their notable brands such as Marion, Kason, Cablevey, and Spiroflow. Collectively, these brands represent over 200 years of experience in the materials processing and handling sectors. The merger promises a comprehensive suite of equipment and services, ranging from mixers, dryers, and thermal processing systems to conveyors and bulk product handling solutions.
Highlighting this significant union, Steve Griesemer, a partner at May River Capital, expressed enthusiasm over merging the robust management teams, complementary product portfolios, and impressive technical capabilities of AMP and AHS. He stated, "The combination of these formidable assets and their respective respected trademarks positions us to enhance service delivery to our clientele, paving the way for our next phase of growth."
Seth Vance, the newly appointed CEO of the merged platform, emphasized that this merger marks a pivotal milestone for the companies involved. He noted, "We are steadfast in our commitment to building a valuable asset with the capabilities needed to serve global clients who operate in high-failure-cost environments. We are excited to collaborate with our loyal customers and our leadership team to drive continued growth and innovation in our sector."
To facilitate this transition, May River Capital engaged financial and legal advisors including Winston & Strawn LLP, Paul Hastings LLP, and Robert W. Baird & Co. The merger's debt financing was secured through Kayne Anderson Private Credit and Northstar Capital.
May River Capital's focus remains on partnering with lower middle-market industrial companies, investing in high quality, growth-oriented enterprises within precision manufacturing, engineering products, specialized industrial services, and value-added distribution.
For more insights about AMP and AHS, or to explore their extensive portfolio of offerings encompassing equipment, parts, and service solutions tailored for material processing and handling, prospective clients can visit their respective websites at www.amprocessing.com and www.automatedhandling.com.
This merger not only positions May River Capital as a formidable player in the industry but also sets a new standard in operational excellence, product reliability, and innovative solutions for high-value materials processing and handling. The market can certainly expect advancements and superior services as the newly merged entity navigates through this exciting chapter of its journey.
Topics General Business）
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