Midwest Industrial Rubber Acquires The Atlanta Belting Company

AMMEGA Acquires Midwest Industrial Rubber (MIR)

February 4, 2020

Manufacturing

AMMEGA, a portfolio company of Partners Group, has completed the acquisition of Midwest Industrial Rubber, Inc. (MIR) from Incline Equity Partners. MIR, headquartered in St. Louis, Missouri, is a leading U.S. fabricator and distributor of lightweight conveyor belts with 29 locations and 24/7 break-and-fix service to more than 3,500 client installations; the deal expands AMMEGA's direct-to-customer channel and strengthens its Americas organization.

Belt Power LLC Acquires Rubber Service Corp.

December 2, 2020

Industrial Services

Belt Power LLC, a Marietta, Georgia-based distributor and fabricator of conveyor system components and a portfolio company of Shorehill Capital, completed the asset acquisition of Rubber Service Corp. on December 1, 2020. The acquisition expands Belt Power's footprint into the Denver metropolitan area and Mountain West markets; Rubber Service owner Lou Siemer will continue to lead the new Belt Power branch.

Belt Power Acquires Sparks Belting Company, Inc. (U.S. assets)

January 15, 2025

Industrial Services

Belt Power, a Platte River Equity portfolio company, has acquired the U.S. assets of Sparks Belting Company, Inc., a Grand Rapids–based fabricator and distributor of conveyor belting, accessories and power transmission products. The transaction is an add-on acquisition (Belt Power's sixth since Platte River's 2022 investment) intended to expand Belt Power's geographic presence, fabrication capabilities and customer base across industrial end markets such as food, packaging and logistics.

Belt Power (Platte River Equity Portfolio) Acquires Reliable Rubber, LLC

November 7, 2023

Industrial Services

Platte River Equity portfolio company Belt Power, LLC has acquired Chicago-based Reliable Rubber, LLC. The add-on expands Belt Power's Midwest footprint and fabrication capabilities, marking the firm's third bolt-on since Platte River's investment in Belt Power last year.

Beltservice Corporation Acquires Uniband USA

March 27, 2024

Manufacturing

In November 2023, Beltservice Corporation, a global fabricator of conveyor belting, acquired Uniband USA, a Grand Rapids-based manufacturer of custom lightweight belting solutions. Miller Johnson represented Uniband in the deal and Charter Capital Partners served as Uniband's financial adviser.

Belt Power Acquires Mol Belting Systems

June 20, 2024

Manufacturing

Platte River Equity portfolio company Belt Power, LLC has acquired substantially all of the U.S. assets of Mol Belting Systems, Inc., a family-owned fabricator and distributor of conveyor belts and power transmission products based in Grand Rapids, Michigan. The acquisition expands Belt Power's product capabilities and geographic reach by adding Mol's technical fabrication expertise and broad product offering to Belt Power's national network of facilities.