News at May River Capital

Chris Stevens

Former operating executive at Honeywell, Pentair, Tyco International, Fisher Scientific, McKinsey & Company, and Westinghouse Electric. Specializes in industrial products manufacturing, marketing, and sales. International experience includes leadership roles in Australia and Switzerland. Current CEO of Unibloc Pump and Board Member of Industrial Flow Solutions.

Brad Sterner

Former operating executive at Colfax, Rexnord, IDEX, Danaher and Emerson. Specializes in high-value manufacturing and engineered products. Extensive operations and M&A experience. Current CEO of Automated Handling Solutions and Executive Chairman of Advanced Material Processing. Prior Board Member of Hunt Valve and Industrial Flow Solutions.

PRIMARY DRIVERS: INCREASING DEMAND FOR INDUSTRIAL AUTOMATION EQUIPMENT AND SOLUTIONS THAT DRIVE PLANT MODERNIZATION AND OPERATIONAL EFFICIENCIES; EXPANDING NEED FOR CUSTOMIZABLE HANDLING SOLUTIONS THAT ARE EASY-TO-CLEAN AND WELL-SUITED FOR CONTROLLED PRODUCTION ENVIRONMENTS

INVESTMENT: 2021, 2022

Automated Handling Solutions (AHS) is a leading provider of automation solutions, as well as specialized material handling equipment such as enclosed conveyor systems. AHS’ products serve customers in regulated end markets such as food and beverage, pharmaceutical, nutraceutical, specialty chemical, and general industrial processing.

For more information, please visit automatedhandlingsolutions.com.

PRIMARY DRIVERS: STRINGENT SAFETY STANDARDS WITHIN HYGIENIC PROCESSING MARKETS; CONTINUED INVESTMENTS IN HIGHLY EFFICIENT, EASY TO MAINTAIN HYGIENIC PROCESS TECHNOLOGIES

INVESTMENT: 2020, 2021

Unibloc Hygienic Technologies (UHT) is a leading manufacturer of precision-engineered positive displacement pumps, air operated double diaphragm pumps, and other hygienic flow control products. UHT’s products are deployed into critical hygienic processes in the food and beverage, bakery and confection, meat and poultry, brewery, pharmaceutical, and transportation industries

For more information, please visit unibloctech.com.

Francois Marti

Former Chief Operating Officer at SGS, former Chief Executive Officer of FCA Services. Specializes in TICC and industrial services. International experience includes leadership roles in Canada, China, Colombia, France, Haiti, Indonesia, Italy, Mexico, Peru and Switzerland. Currently serving as a Board Member of NSL Analytical.

PRIMARY DRIVERS: WATER & WASTE WATER MANAGEMENT IN SPECIALTY, SEVERE DUTY PRODUCTION ENVIRONMENTS

INVESTMENT: 2017, 2019, 2021, 2022
Industrial Flow Solutions specializes in the design, manufacturing, sales and service of pumping and fluid management solutions for harsh, rugged environments.

For more information, please visit industrialflowsolutions.com

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Rahul Deshmukh

Former operating executive at Flow Dry Technology, Dover Corporation, Emerson, and Monsanto. Specializes in engineered products and instrumentation. International experience includes leadership roles in China, India, Hungary, Czech Republic, and Brazil. Currently a “CEO-in-Waiting” and looking to develop a new investment platform with May River.

Jim Morgan

Former executive at DS Smith, Interstate Resources, Duro Bag Manufacturing Co, Bay State Paper Company and Gaylord Container Corp, and has held various board roles with leading industry associations in the paper and packaging sector. Extensive operations and leadership experience. Current CEO and Board Member of PaperTech.

PRIMARY DRIVERS: RADIOTHERAPY SYSTEMS AND SURGICAL ROBOTS. ALSO OTHER COOL THINGS LIKE ROCKET ENGINES AND LINEAR ACCELERATORS

Investment: 2012, 2014

GCM is a world-class manufacturer of low-to-medium volume, mission critical precision components and system assemblies for market leading medtech, aerospace, industrial, and research clients. The company operates in three locations including Silicon Valley, Chicago, and Dongguan China.

For more information, please visit gogcm.com.

PRIMARY DRIVERS: GROWING GLOBALIZED DEMAND FOR REGULATED TESTING SERVICES, EVER-INCREASING TESTING & MATERIALS COMPLEXITY, AND INCREASED CORPORATE OUTSOURCING OF R&D AS WELL AS QUALITY ASSURANCE FUNCTIONS

INVESTMENT: 2020

NSL Analytical provides independent laboratory testing services to a diverse array of customers and end markets where testing speed, accuracy, and consistency is mission critical to operations and compliance.

For more information, please visit nslanalytical.com.

PRIMARY DRIVERS: INTENSIFYING SANITARY AND HYGIENIC STANDARDS IN THE REGULATED FOOD AND PHARMACEUTICAL END MARKETS

INVESTMENT: 2018, 2019

Advanced Material Processing, comprised of Marion Process Solutions and Kason Corporation, is a manufacturer of material processing equipment. It specializes in highly-engineered mixing, drying, separation and thermal/moisture control equipment and systems.

For more information on Advanced Material Processing, please visit www.amprocessing.com

For more information on Marion, please visit marionsolutions.com

For more information on Kason, please visit kason.com

PRIMARY DRIVERS: REGULATED HEALTHCARE, PHARMACEUTICAL, FOOD & BEVERAGE, AND MEDICAL DEVICE END MARKETS

INVESTMENT: 2018, 2019

Dickson is a leading Test & Measurement compliance partner that develops environmental monitoring systems (temperature, humidity, pressure and other variables) to meet regulatory requirements and protect products for various markets including: health services, pharmaceutical, medical devices, and food & beverage. In 2019, Dickson acquired Oceasoft, a European leader in environmental monitoring systems with a full suite of innovative solutions.

For more information on Dickson, please visit dicksondata.com

For more information on Oceasoft, please visit oceasoft.com

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PRIMARY DRIVERS: E-COMMERCE AND THE “BOX” ECONOMY, ESSENTIAL CONSUMER GOODS, LIFE SCIENCES, AND HOME IMPROVEMENT

INVESTMENT: 2016, 2017, 2018

Precision Roll Solutions is a full-service provider of highly-engineered cylindrical rolls, plates, and related process componentry used in corrugated packaging, consumer goods (tissue & towel), and other nondiscretionary manufacturing applications.

For more information, please visit precisionrollsolutions.com

PRIMARY DRIVERS: OPERATION AND MAINTENANCE OF A 300+ VESSEL US NAVY

INVESTMENT: 2015, 2017, 2018, 2019

Hunt Valve brings nearly 100 years of fluid power engineering innovations and solutions to a wide range of industrial and military customers. It specializes in severe-duty valves, actuators, and complementary engineered components and system solutions for applications that include primary metals, energy, process and U.S. Navy nuclear-powered vessels.

For more information, please visit huntvalve.com

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PRIMARY DRIVERS: CANNED BEVERAGES AND A RISING GLOBAL MIDDLE CLASS

INVESTMENT: 2014

Pride Engineering designs and manufactures highly engineered, mission critical machine tools and equipment used in the production of two-piece metal cans for the beverage and food industries. Pride’s product offering includes can body-forming tool packs, can bottom formers, precision grinders, and the Guardian™ line of Over Travel Sensors. Pride’s products are used in nearly 400 can-making lines, and are considered the industry standard by two-piece food and beverage can makers around the world.

For more information, please visit pridecan.com

PRIMARY DRIVERS: CONSUMER PREFERENCES FOR SUSTAINABLE FOOD PACKAGING, MARKET SHIFT AWAY FROM SINGLE-USE PLASTICS

INVESTMENT: 2020

PaperTech is a leading manufacturer of paperboard packaging products to the frozen food industry and foodservice markets. PaperTech’s trays and bowls are environmentally friendly and made from 90% or greater renewable and sustainable materials, which makes the company well positioned to benefit from ongoing tailwinds driven by an increasing global focus on the circular economy and a shift away from single-use plastics.

For more information, please visit papertrays.com.

Dan Drexler

Currently serves as Executive Vice President of Longview Asset Management, a Chicago-based, multi-strategy investment firm which invests for individuals, trusts, and foundations. The firm uses intensive industry and company research to manage its three principal investment strategies: constructing portfolios of publicly traded securities, making equity investments in private companies, and purchasing limited partnership interests in private equity funds and hedge funds operated by independent investment firms. Former Director of Operations of Quality Products, Inc. and current board member of Arbor Lodging Partners, Albany Bank & Trust, RF Investment Partners, and Spring Rock Capital, as well as a senior advisor to Right Lane Capital.

Rick Shand

Founder and former CEO of OakRiver Technology, a PE-backed manufacturer of automation equipment for the medical device sector. Prior experience includes 3M and Seagate Technology.

Eric Nielsen

Prior experience includes senior leadership roles with Joy Global, Terex, Volvo Construction, and MacGregor. Specializes in industrial equipment and heavy manufacturing.

Paul Schulz

Former CEO of Webex. Specializes in high-value manufacturing and engineered products. Current board member and Executive Chairman of Precision Roll Solutions. Prior board member of Pride Engineering.

Rick Weiler

Former CEO of Atlas Material Testing. Prior career includes senior leadership roles with Micronics, PerkinElmer Optoelectronics, Allied Signal, and United Technologies. Specializes in Test & Measurement instrumentation and engineered products. Current CEO of Dickson.

News

May River Capital Completes Acquisition of Marion Process Solutions

May River Capital Completes Acquisition of Dickson

May River Capital Completes Acquisition of BJM Pumps

May River Capital and Meca Solutions Acquire Industrial Engraving

May River Capital Fund I, LP Raises $170 Million Industrial Growth Fund

May River Capital and Hunt Valve Company Acquire Precision Technology

May River Capital Completes Acquisition of MECA Solutions

May River Capital Completes Acquisition of Hunt Valve

May River Capital and HI-Tech Manufacturing Acquire Global Contract Manufacturing