May River Capital Acquires Cablevey Conveyors
December 22, 2021
Chicago-based private equity firm May River Capital has acquired Cablevey Conveyors, the Oskaloosa, Iowa manufacturer of tubular drag conveyor systems. The deal closed on Dec. 22 (Cablevey’s 50th anniversary); Cablevey will continue operating in Oskaloosa while May River plans to invest to grow market share in food & beverage, pharmaceuticals and other regulated end markets and pursue synergies with a sister platform, Advanced Material Processing (AMP).
- Buyers
- May River Capital
- Targets
- Cablevey Conveyors
- Industry
- Manufacturing
- Location
- Iowa, United States
- Transaction Type
- Buyout
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