May River Capital Acquires Marion Process Solutions
January 10, 2019
Chicago-based private equity firm May River Capital has completed the acquisition of Marion Process Solutions, a Marion, Iowa manufacturer of industrial mixers, blenders and microwave vacuum drying systems. The deal—terms undisclosed—transfers ownership from longtime owners Barry Boyer and Jim Hoke to May River, which intends to use Marion as the first building block of a new materials processing solutions platform and to support the company’s growth under existing management.
- Buyers
- May River Capital
- Targets
- Marion Process Solutions
- Sellers
- Barry Boyer, Jim Hoke
- Industry
- Manufacturing
- Location
- Iowa, United States
- Transaction Type
- Buyout
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