May River Capital Merges Advanced Material Processing and Automated Handling Solutions for Enhanced Operational Efficiency

May River Capital Merges Advanced Material Processing and Automated Handling Solutions

On January 15, 2025, May River Capital, a prominent private equity firm headquartered in Chicago, revealed an exciting union of its portfolio companies: Advanced Material Processing (AMP) and Automated Handling Solutions (AHS). This strategic merger aims to streamline operations and enhance the service spectrum offered to industries such as food and beverage, pharmaceuticals, nutraceuticals, and chemicals.

AMP and AHS have built a formidable reputation over the years, bringing together brands like Marion, Kason, Cablevey, and Spiroflow. Collectively, they boast over two centuries of experience in addressing the diverse material processing and handling needs of their customers worldwide. The new integrated platform will establish its headquarters in Charlotte, North Carolina, with operational hubs in Marion, Iowa; Visalia, California; Manchester, UK; and Frankfurt, Germany.

The combined strengths of AMP and AHS allow for a comprehensive array of high-value equipment and aftermarket parts. This merged entity specializes in an extensive range of products including mixers, dryers, screeners, tubular drag conveyors, flexible screw conveyors, and systems engineered for automated bulk material filling and discharging. The innovations introduced aim to automate and heighten the efficiency and reliability of processing lines, which are essential in delivering high-value materials safely and hygienically.

Steve Griesemer, a partner at May River Capital, expressed enthusiasm regarding the merger, highlighting the advantages of uniting competent management teams and complementary product lines. "Uniting our capabilities propels us towards our next growth trajectory while reinforcing our commitment to customer service excellence. We intend to leverage these formal synergies to better serve our clientele and drive future growth," he articulated.

CEO of the newly formed platform, Seth Vance, echoed these sentiments, describing the merger as a vital step in reinforcing a 'scarce asset of scale.' He remarked on the balance of product breadth and operational capabilities essential to navigate the complexities of global customer bases and the high stakes involved in their sectors. Vance reaffirmed their commitment to customer partnerships and aims to foster an environment of innovation and sustained growth in the marketplace.

Legal support for the merger was provided by Winston Strawn LLP, Paul Hastings LLP, and Robert W. Baird Co. as financial advisors. The necessary debt financing has been secured through collaboration with Kayne Anderson Private Credit and Northstar Capital.

About May River Capital

May River Capital is a private equity firm concentrated on partnering with lower middle-market industrial companies. Its investment philosophy revolves around growth-oriented businesses in high-quality industrial sectors, particularly precision manufacturing and specialized industrial services. More information can be found at mayrivercapital.com.

The Newly Formed Platform

The merger of AMP and AHS signifies a noteworthy expansion of May River Capital’s offerings within the industrial market. The new platform will deliver an extensive suite of material processing and handling solutions tailored to high-demand industries. Future customers can expect access to top-notch equipment and services dedicated to enhancing their operational capabilities. Learn more at amprocessing.com and automatedhandling.com.