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

On January 15, 2025, May River Capital, a lower middle-market private equity firm based in Chicago, officially announced the merger of its portfolio companies, Advanced Material Processing (AMP) and Automated Handling Solutions (AHS). This strategic merger aims to create a robust platform that offers a comprehensive suite of high-value material processing and handling equipment, along with aftermarket services.

The newly formed entity is positioned to serve critical industries such as food and beverage, pharmaceuticals, nutraceuticals, and chemicals. With this consolidation, the headquarters will be established in Charlotte, North Carolina, complemented by operational centers located in Marion, Iowa, Visalia, California, Manchester in the United Kingdom, and Frankfurt, Germany.

Both AMP and AHS come with a legacy of over 200 years of combined experience, providing diverse solutions tailored to meet the demands of their global clientele. Their extensive product line includes mixers, blenders, dryers, screeners, separators, tubular drag conveyors, flexible screw conveyors, and more. These products are meticulously engineered to enhance efficiency, reliability, and hygiene in processing lines, appealing to sectors that necessitate high operational standards.

Steve Griesemer, a partner at May River Capital, shared his enthusiasm, stating, "We are excited to unite the strong management teams, complementary product offerings, and commercial and engineering prowess of AMP and AHS. The integration of these formidable assets will bolster our ability to meet customer needs and set the stage for further growth."

The CEO of the newly merged platform, Seth Vance, reiterated the significance of this partnership. He noted, "This merger symbolizes our commitment to creating a scalable asset equipped with the necessary capabilities and breadth of products to cater effectively to our global customer base, particularly in high-stakes operational environments. Our loyal customers and the management team's dedication will help drive innovation and expand our growth trajectory."

To facilitate this merger, legal and financial advisory services were provided by several firms, including Winston & Strawn LLP for corporate law, Paul Hastings LLP for debt financing, and Robert W. Baird & Co. as the financial advisor to May River Capital. The debt financing necessary to support this merger was backed by Kayne Anderson Private Credit and Northstar Capital.

About May River Capital:
May River Capital focuses on partnering with lower middle-market industrial companies. Their investment strategy is centered on high-quality growth businesses in precision manufacturing, engineered products, specialized industrial services, and value-added industrial distribution services. Additional details are available at www.mayrivercapital.com.

With this merger of the Advanced Material Processing and Automated Handling Solutions platforms, May River Capital showcases its commitment to innovation, customer service, and comprehensive solution offerings across various material-handling sectors.

Topics General Business)

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