Trending...
- Revenue Optics Names Prat Patibandla Director of Growth Marketing
- Regional Magazines Shine at IRMA Awards
- NYC Big Book Award Celebrates 10th Anniversary with Announcement of 2026 Winners
DENVER, Dec. 6, 2023 ~ Platte River Equity, a Denver-based private equity firm, has announced a partnership with TIPCO Technologies and HydraTech Industrial Solutions to form a national independent distributor of fluid conveyance and sealing solutions. The new entity will operate under the name TIPCO Technologies.
Brad Marshall, CEO of HydraTech, expressed his excitement at joining forces with Rob and Terri of TIPCO. He said that TIPCO's presence in the Mid-Atlantic complements their footprint, opening up greenfield expansion opportunities. Rob Lyons, CEO of TIPCO, also expressed his enthusiasm for the partnership and its potential for growth and career paths for their team.
More on Colorado Desk
Peter Calamari, Managing Director of Platte River Equity, said that they have been following this business and sector for several years and believe it represents a unique opportunity to bring together these two great companies. Mike Reilly, Principal of Platte River Equity added that they are thrilled to be working with Brad, Rob, Terri and their teams in building a value-added distributor that leads through technology and innovation.
The combined company will now represent 30 locations across 13 states with plans to expand team size, maintain substantial inventory investments and invest in cutting-edge technology and services. This merger is set to solidify TIPCO's position as an important player in the fluid conveyance and sealing solutions market throughout the United States. Bartlit Beck LLP served as legal counsel to Platte River while Apogem Capital provided financing for the transaction.
Brad Marshall, CEO of HydraTech, expressed his excitement at joining forces with Rob and Terri of TIPCO. He said that TIPCO's presence in the Mid-Atlantic complements their footprint, opening up greenfield expansion opportunities. Rob Lyons, CEO of TIPCO, also expressed his enthusiasm for the partnership and its potential for growth and career paths for their team.
More on Colorado Desk
- Colorado: Governor's Awards Recognize Tourism Leaders and Organizations from Across the State
- ASN Software Introduces New California CARS Act Dealer Updates
- USA Air Management Marks 30 Years of Air Duct Cleaning in NJ Urges Homeowners to Schedule Dryer Vent Cleaning Before Heating Season
- Dr. Jay Johannigman Returns to Cincinnati Following 46 Years of Military Service
- Allstream Energy Partners, SEO Experts in Oil and Gas, Awarded Gas Processing OEM Agreement
Peter Calamari, Managing Director of Platte River Equity, said that they have been following this business and sector for several years and believe it represents a unique opportunity to bring together these two great companies. Mike Reilly, Principal of Platte River Equity added that they are thrilled to be working with Brad, Rob, Terri and their teams in building a value-added distributor that leads through technology and innovation.
The combined company will now represent 30 locations across 13 states with plans to expand team size, maintain substantial inventory investments and invest in cutting-edge technology and services. This merger is set to solidify TIPCO's position as an important player in the fluid conveyance and sealing solutions market throughout the United States. Bartlit Beck LLP served as legal counsel to Platte River while Apogem Capital provided financing for the transaction.
Filed Under: Business
0 Comments
Latest on Colorado Desk
- Governor Polis Meets With Students, Staff at Morgan Community College, Highlighting Colorado's Leadership in Higher Education
- Animas Excavating Launches New Sewer Line Repair Page, From the Street to Your House
- Animas Excavating Launches Dedicated Site Preparation Page for Four Corners Landowners
- Colorado: Governor Polis Updates Effective Date of David K. Ottman's Appointment to the 6th Judicial District Court
- Colorado Selected for $250 Million to Strengthen Electric Grid, Lower Costs, and Prevent Outages
- Jeremy Kane Homes Releases Denver Rent vs. Buy Guide
- Jacqui Condon Selected to Workers' Compensation Panels for Three Professional Athlete Associations
- Solid Earth and Alaska MLS Launch RealtyID™ and SSO Dashboard for Alaska Real Estate Professionals
- New Metallized PE Film from Pregis Brings Recyclability to High-Barrier Food Packaging at Pack Expo International in Chicago
- Transformational $104 Million Musculoskeletal Healthcare Opportunity as Expansion Strategy Accelerates for Cardiff Lexington Corp (Stock Symbol: CDIX)
- PropAccount.com Launches Marketing Hub Within PropGenie, Giving Prop Firm Operators an Automated Marketing Team
- Save 15 Percent Off Florida Keys Accommodations with KeysCaribbean's Advance Purchase Rate Discount
- Woodside Rehab & Nursing Enters a New Era of Clinical Excellence and Growth
- Thar Process Partners with French Leader ExtrateX to Bring Prep to Process-Scale SFC to Europe
- SpaxKova Builds AI Trading Tools Roadmap With Staking Referrals And Multi Chain Access
- 303 Crown Maids Updates Deep Cleaning Service Page to Reset and Revitalize Homes
- Colorado Springs: City to close Memorial Park vehicle gates earlier on Sundays
- Colorado Springs: CSPD launches Prepared by Axon to enhance emergency and non-emergency call response
- Port St. Lucie REALTOR® Irene Pernice Earns SFR® Certification
- Colorado: Governor Polis Announces 2026 Tom Clements Better Government Award Winners