May River Capital Completes Acquisition of BJM Pumps

Private equity firm May River Capital, an investor in small market industrial growth businesses, has completed its acquisition of BJM Pumps, LLC ( Terms were not disclosed.

BJM Pumps® represents the first acquisition that will form a new Industrial Pump Platform build out by May River. Brad Sterner, a member of May River’s Executive Resource Group, will serve as Executive Chairman of the Pump Platform as well as interim CEO of BJM Pumps. This is the second May River investment platform involving Sterner, whose prior career included leadership roles with Emerson, Danaher, IDEX, Rexnord and Colfax.


Chicago, Illinois, March 21, 2017 – May River Capital, LLC (“May River”), a Chicago-based private equity investment firm, announced it has raised its inaugural fund (“May River Fund I” or “Fund”).  May River Fund I closed with total LP commitments of $165 million, following a six-month fundraising process in which investor demand substantially exceeded May River Fund I’s target size.  The Fund will continue May River’s focus on investing in high quality, lower middle market industrial businesses with excellent management teams and the potential for significant growth and value enhancement.

May River Capital and Hunt Valve Company Acquire Precision Technology

May River Capital and Hunt Valve Company have broadened their engineered products portfolios, which primarily serves the attractive defense vertical, by purchasing the assets of Precision Technology, a severe duty, solutions-based designer, manufacturer and supplier of linear motion actuators for automation, machinery, material handling and positioning applications. Precision Technology will be rebranded Hunt Valve Company - Actuator Division. This first add-on for the company complements Hunt Valve’s severe duty, fluid power engineering solutions for military and industrial customers.

May River Capital announces purchase of MECA & Technology Machine

May River Capital announced it has purchased and recapitalized MECA & Technology Machine, Inc. ( ) in partnership with management and other co-investors. MECA, based in Green Bay, Wisconsin, is a manufacturer of tight tolerance sleeves, machined components, and rolls used in the packaging, flexographic printing, and web converting sectors.

May River Capital Acquires Hunt Valve

Hunt Valve ( ), a fluid power engineering company specializing in severe duty valves and components, was acquired by May River Capital. May River said this initial investment is part of a broader strategy to build a global fluidics engineering platform company.

Hi-Tech Manufacturing and May River add Global Contract Manufacturing to growing precision machining platform

Hi-Tech Manufacturing, a portfolio company of May River Capital, announced it has acquired a majority interest in GCM Medical and OEM, Inc. and Global Contract Manufacturing (HK) Limited. Headquartered in Union City, California, with a second facility in Dongguan, China, GCM is a preferred supplier of contract manufacturing services to leading OEMs in the medical, industrial, transportation, and aerospace sectors.

May River Capital Completes Acquisition of Hi-Tech Manufacturing in Partnership with Management and Co-Investors

May River Capital announced the acquisition of Hi-Tech Manufacturing, LLC in partnership with management, the Pohlad family, Yukon Capital Partners, L.P., and other co-investors. The transaction strengthens the foundation for Hi-Tech to continue growth in existing end-markets and to pursue selective acquisition opportunities. Cleary Gull Inc. served as financial advisor to Hi-Tech and the selling shareholders in this transaction. Fifth Third Bank provided senior debt financing, while Yukon provided subordinated debt financing beyond its equity co-investment.