Platte River Equity Announces Acquisition of Municipal Emergency Services, Inc. | New
DENVER, October 4, 2021 / PRNewswire / – Platte River Equity (“Platte River”) today announced the acquisition of Municipal Emergency Services, Inc. (“MES” or the “Company”) from HB Equity Partners. Based at Sandy Hook, Connecticut, MES is a leading supplier of equipment and services to first responders through United States.
“We look forward to our new partnership with Platte River,” said Tom hubregsen, CEO of MES. “Over the past 15 years, our team has helped make MES the first choice for first responders to meet their equipment and service needs. The Platte River team will provide a unique perspective and insight to help us continue to expand our product and service offerings. and geographic scope. “
“We are delighted with the opportunity to work with Tom and his team,” said Eric Crawford, director of Platte River. “MES represents the major brands in the industry and has built a solid organization and an excellent reputation for customer service. We look forward to building on these successes.
Michel Bonnet of HB Equity Partners said, “We are proud of what Tom and the MES team have accomplished over the past 15 years and look forward to the opportunity to participate alongside Platte River in the next phase of growth. of the society.
Nelson mullin served as legal advisor and Jefferies served as financial advisor to MES. Bartlit Beck LLP served as legal counsel and Houlihan Lokey served as a financial advisor to Platte River. Varagon Capital Partners, LP served as administrative agent and joint principal arranger for the financing; Crescent Direct Lending acted as Joint Principal Arranger and PennantPark Investment Advisors and Siemens Financial Services, Inc. served as Co-Lender.
About Platte River Equity
Founded in 2006 and based in Denver, CO, Platte River Equity is a private equity firm focused on investments in established lower middle market operating companies in targeted industry sectors where it has significant operating and investing experience. Platte River uses conservative capital structures in order to invest in future growth opportunities and to withstand changing economic environments. The company also provides significant ongoing support to its portfolio companies with dedicated resources across all functional areas.
The company raised funds with a committed capital greater than $ 1.3 billion and is currently investing in its $ 625 million fourth fund. Platte River employees are the largest collective investor of its funds, deeply aligning the company with its investors and the management teams of the portfolio companies.
About Municipal Emergency Services, Inc.
Established in 2001, Municipal Emergency Services, Inc. has quickly grown into a leading supplier to first responders. MES represents the best brands in the industry, including 3M Scott, Point Blank, Honeywell, FireDex, RevolveAir Systems, Seek Thermal, Hurst Jaws of Life, Matex Hose, Elbeco, 5.11 Tactical, and much more. MES has a national network of sales representatives, mobile service technicians, and internal service centers strategically located around United States.
Brian P. Klaban
Director of Business Development and Debt Capital Markets
Phone number: +1 303 292 7317
Email: [email protected]
Lauren A. Metz
Senior Business Development Associate
Phone number: +1 303 292 7321
Email: [email protected]
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SOURCE Platte River Equity