Trending...
- Golden Paper Introduces TAD Hand Towel Technology, Ushering in a New Era of Premium Tissue Quality
- Generation Own: Why Young Americans Are Skipping Corporate Careers to Buy Million-Dollar Businesses
- Colorado Families Turn to Private Autopsies for Peace of Mind
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
- Malibu Jack's Indoor Theme Park will open on November 3rd in Thornton, CO at Thornton Towne Center
- Pastor Darrell Armstrong Suspends Gubernatorial Campaign And Endorses Mikie Sherrill
- Dr. Johnny Shanks Attends Full Arch Growth Conference 2025
- Colorado: Governor Polis Partners with Governors in Urging White House to Stop Disruption to SNAP, Prevent Hunger for Millions of American Families
- Offline Asset Protection: NJTRX Implements 98 Percent Cold Storage as Industry Faces 2 Billion USD Losses
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
- Assent Recognizes Manufacturers for Leading Supply Chain Sustainability Programs
- Arc Longevity Sells Out Debut Women's Creatine Gummy
- Colorado First Campaign Launches Mobile Food Banks Across All 64 Counties
- New Research Reveals Mild Cold—Not Extreme Cold—Delivers Real Health Benefits of Cold Therapy
- Phinge, Home of Netverse, Through its Extensive Software & Hardware Patent Portfolio, Shows Founder & CEO Robert DeMaio's Vision & Innovation
- OddsTrader Reveals Early Favorites and Best Bets to Win March Madness 2026
- Bookmakers Review Releases 2028 Democratic Nominee Betting Odds: Newsom Leads Early Field
- Colorado Springs: Woodland Hills Park celebrates playground improvements with Wednesday ribbon cutting
- Heritage at South Brunswick's Townhome Models Coming Soon!
- PatientNow Acquires Recura, the AI Growth Engine Powering Practice Growth
- Boston Industrial Solutions Unveils New and Improved Natron® UV Screen Printing Ink
- APM Launches Medical CNC Machining Guide, Redefining Precision for Colorado Manufacturers
- Genuine Smiles Unveils New User-Friendly Website
- Nusign Global Launch Event Concludes Successfully, Embarking on a New International Chapter
- Lift Solutions Holdings Announces Exclusive Distributorship for Advanced Camera and Sensor Products from Automate Matrix
- Political Division and Safety Concerns Drive Record Number of Americans to Seek "Golden Visas," La Vida Survey Finds
- Dr. Gregory A. Thomas: "Colorado First Means Democracy First"
- The Citizens Commission on Human Rights of Florida Celebrates Volunteers and Community Partners at the 9th Annual Humanitarian Awards Banquet
- Patrick Finney Sells Fully Remodeled Home in Denver's Athmar Park Neighborhood
- J French's #1 Album "I Don't Believe in Bad Days" Enters the Grammy Conversation