Dealmakers Target Manufacturing and Industrials

Acquisitions and exits announced in energy, machinery, pharmaceuticals and more

M&A activity spread across a variety of industries, including healthcare and energy. But it was the industrials and manufacturing spaces that took the spotlight with new acquisitions and exits announced by Platte River, Praesidian Capital and others. We cover the latest transaction announcements, plus news from ACG’s 101 Corridor Chapter, in our roundup below.

Manufacturing and Industrials

Platte River’s Belt Power Acquires Dunham Robber & Belting

Belt Power, a distributor of belting and components for conveyor systems, and a portfolio company of middle-market private equity firm Platte River Equity, has announced its acquisition of Dunham Rubber & Belting Corporation. A recent press release said Dunham’s belting operations service a variety of end-markets, including food processing, pharmaceuticals and more. Its takeover creates a new platform that will support Belt Power’s expanded geographic footprint, strengthen fabrication capabilities and grow its technical sales operations, the announcement noted.