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Platte River Equity Announces The Acquisition Of Belt Power, Llc

Aug 23, 2022•almost 3 years ago

Acquiring Company

Platte River Equity

Acquired Company

Belt Power

DenverDenverFinancial ServicesProfessional ServicesManufacturing

Description

Platte River Equity ("Platte River") is pleased to announce the acquisition of Belt Power, LLC ("Belt Power" or the "Company") from Shorehill Capital. Belt Power is a full-service, value-added distributor and fabricator of conveyor system components, including conveyor belts, equipment and accessories.

Company Information

Company

Platte River Equity

Location

Denver, Colorado, United States

About

Platte River Equity is a private equity firm focused on investments in established lower middle market operating companies within targeted industrial sectors where it has substantial operating and investing experience. Platte River utilizes prudent capital structures in order to invest in future growth opportunities and withstand changing economic environments. The firm also provides significant ongoing support to its portfolio companies through dedicated resources across functional areas.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
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
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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