Belt Power LLC Acquires Rubber Service Corp.

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.

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.

Belt Power Acquires Blankenship Belting

October 30, 2023

Industrial Services

Belt Power, a Platte River Equity portfolio company, has acquired Blankenship Belting, a division of Blankenship Equipment Repair. The add-on expands Belt Power's fabrication and distribution footprint in the Pacific Northwest and broadens its service offerings to end markets including paper & packaging, food processing, material handling and general industrial customers.

Belt Power Acquires Dunham Rubber & Belting Corporation

January 3, 2023

Industrial Services

Belt Power, LLC, a Platte River Equity portfolio company, has completed the acquisition of Dunham Rubber & Belting Corporation. Dunham — a fabricator and distributor with locations in Greenwood, Shelbyville and Fort Wayne, Indiana — expands Belt Power's fabrication capabilities and geographic footprint to better serve food processing, material handling, pharmaceutical and other industrial customers nationwide.

Platte River Equity Acquires Belt Power, LLC from Shorehill Capital

August 23, 2022

Industrial Services

Platte River Equity has acquired Belt Power, LLC, a Marietta, Georgia–based distributor and fabricator of conveyor system components, from Shorehill Capital. Platte River invested out of Platte River Equity IV in partnership with Belt Power's existing management team; Shorehill will retain an ongoing equity stake. The deal aims to scale Belt Power's national footprint and expand its product and service offerings across industrial automation end markets.

Belt Power LLC Acquires Accurate Industrial Products, LLC

August 9, 2022

Industrial Services

Belt Power LLC, a Shorehill Capital-backed distributor and fabricator of conveyor system components, completed the acquisition of Accurate Industrial Products, LLC on December 30, 2021. The transaction adds Accurate’s fabrication and distribution capabilities in the St. Louis and Columbus markets to Belt Power’s national footprint to support accelerated organic and acquisition-driven growth.