Portfolio | May River Capital

Our Strategy in Action

While sharing common traits and a similar vision, each of our companies possess distinct products and services, competitive differentiators, channels-to-market, industry dynamics, and capabilities. We encourage cross-pollination and sharing of best practices across our portfolio to address common challenges and opportunities.

PRIMARY DRIVERS:
Increasing demand for industrial automation equipment and solutions that drive plant modernization and operational efficiencies; expanding need for customizable processing and handling solutions that are easy-to-clean and well-suited for controlled production environments with intensifying sanitary and hygienic standards.
Akona designs, manufactures, and services a broad suite of equipment and aftermarket parts and service for material processing (mixers, dryers, screeners, sifters, etc.) and material handling (conveyors, loaders, dischargers, controls, etc.) applications. The company serves customers in regulated end markets such as food and beverage, pet food, pharmaceutical, nutraceutical, and specialty chemicals, through its Cablevey, Kason, Marion, and Spiroflow trade brands.

For more information on Akona, please visit www.akonasolutions.com.
PRIMARY DRIVERS:
Stringent safety and efficiency standards within critical process applications; predictable cycles of replacement and a strong competency within high-growth sub sectors such as industrial gas.
Cashco is a designer, manufacturer, and servicer of highly-engineered pressure management solutions such as regulators, control valves, and tank safety equipment. Cashco serves global brands across a diverse range of industrial applications.

For more information on Cashco, please visit www.cashco.com.
PRIMARY DRIVERS:
Proliferation of data and an increasing need for energy efficient facilities.
Parameter is a manufacturer of a comprehensive suite of monitoring and detection equipment for data centers and critical infrastructure end markets. Parameter is comprised of two brands, RLE Technologies (RLE) and NDSL Group (NDSL).

RLE is a provider of facility environment monitoring, fluid leak detection, and airflow management products deployed into data centers and critical facilities. NDSL is a provider of battery monitoring products for data centers, utilities, and telecom applications. NDSL goes to market under the trade name “Cellwatch”.

For more information on Parameter, please visit www.parameter-tech.com.

For more information on RLE Technologies, please visit www.rletech.com.

For more information on NDSL (Cellwatch), please visit www.cellwatch.com.
PRIMARY DRIVERS:
Precision materials for medical technology, aerospace, defense, and other mission-critical end markets.
Boston Centerless (BC) is a manufacturer and distributor of precision materials. BC provides high-quality, precision metal bar for medical, dental, aerospace, defense, and other mission-critical end market applications.

For more information on Boston Centerless, please visit www.bostoncenterless.com.
PRIMARY DRIVERS:
Stringent safety standards within hygienic processing markets; continued investments in highly efficient, easy to maintain hygienic process technologies.
Unibloc Hygienic Technologies (UHT) is a 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.
PRIMARY DRIVERS:
Consumer preferences for sustainable food packaging, market shift away from single-use plastics.
PaperTech is a 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.
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.
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.
PRIMARY DRIVERS:
Regulated healthcare, pharmaceutical, food & beverage, and medical device end markets.
Dickson is a 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 provider of 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.
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.

News

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April 15, 2026
Cashco Acquires 3B Controls to Expand its Tank Safety and...
Cashco, a provider of highly-engineered pressure management solutions, today announced that it has acquired 3B Controls, a United Kingdom-based manufacturer of specialized solutions for storage tanks.
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January 27, 2026
PaperTech Acquires Bake-Best Trays, Expanding Food-Focused Sustainable Packaging Platform
PaperTech, an Ohio-based manufacturer of pressed paperboard products, announced the completion of its acquisition of Bake-Best Trays, an Oregon-based manufacturer of pressed paperboard trays.
Read More

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Our Strategy in Action

News

Cashco Acquires 3B Controls to Expand its Tank Safety and...

PaperTech Acquires Bake-Best Trays, Expanding Food-Focused Sustainable Packaging Platform

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