Platte River Equity Portfolio Company Spartaco Acquires Bulldog Bender

CenterGate Capital Affiliate Invests in Spartaco Tool Group

April 8, 2026

Manufacturing

An affiliate of Austin, Texas-based private equity firm CenterGate Capital made an investment in Spartaco Tool Group. Spartaco, headquartered in Clover, South Carolina, is a provider of professional-grade tools for utility and telecommunications professionals through a portfolio of brands including Jameson Tools, Huskie Tools, RONIN, and others.

Hills Distribution Adds Bender Plumbing Supply

March 30, 2026

Industrial Services

Hills Distribution, a Northeast wholesale distributor of plumbing and HVAC equipment, partnered with Bender Plumbing Supply to expand its platform. The addition brings Bender Plumbing Supply’s six locations and showroom capabilities to Hills Distribution’s growing portfolio across the Northeast.

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.

Spartaco (Platte River Equity Portfolio) Acquires Ronin Revolution Corp.

August 8, 2023

Manufacturing

Spartaco Companies, a portfolio company of Platte River Equity, has acquired Ronin Revolution Corp., a Placentia, California manufacturer of battery-powered ascenders and climbing accessories. The acquisition adds Ronin's powered ascenders to Spartaco's portfolio of professional-grade tools to expand capabilities and accelerate Ronin's growth across telecommunications, utility, arborist and military end markets.

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.

Vander-Bend (Aterian Portfolio) Acquires Swiss Precision Machining

December 7, 2020

Medical Devices

Vander-Bend Manufacturing, a portfolio company of Aterian Investment Partners, has acquired Swiss Precision Machining (SPM), a Wheeling, Illinois-based precision manufacturer of swiss screw machined components used in robotic surgery and other high-technology end markets. The deal is an add-on acquisition that expands Vander-Bend’s consumable medical instrument capabilities, swiss-screw machining capacity, and customer relationships in med-tech.