Mei Acquires Propack International

Sep 05, 2023•almost 2 years ago

Acquiring Company

MEI Rigging & Crating

Acquired Company

ProPack International

Description

MEI Rigging & Crating, LLC ("MEI"), a leading national provider of rigging, machinery moving, millwrighting, mechanical installation, industrial storage, crating, and export packing services, announced that it has acquired ProPack International Inc. ("ProPack") based in Atlanta, GA.

Company Information

Company

MEI Rigging & Crating

About

MEI Rigging & Crating, a portfolio company of Dorilton Capital, is one of the largest providers of rigging, machinery moving, millwrighting, mechanical installation, industrial storage, crating, and export packing services in the nation. MEI has a growing team of over 500 employees in eleven operating locations across eight states — California, Texas, Oregon, Nevada, Utah, Arizona, Georgia, and Pennsylvania. With MEI's comprehensive footprint and expansive portfolio, we are able to serve customers with project-specific needs across the country. For more information, visit MEI's website at www.meiriggingcrating.com or Reno's website at www.renocustomcrating.com.

DealWatch™ Score

High M&A Activity

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Integration timeline

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Tech stack consolidation

83% of merged companies consolidate technology vendors within first year

Post-acquisition investment

Companies increase IT spending by 23% on average after acquisitions

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