May River Capital Merges AMP and AHS Platforms
Deal News | Jan 15, 2025 | PR Newswire Cision May River Capital, LLC
May River Capital, a Chicago-based private equity firm known for investments in industrial businesses, has announced the merger of its portfolio companies Advanced Material Processing (AMP) and Automated Handling Solutions (AHS). The newly consolidated entity, designed to provide an extensive range of material processing and handling equipment, will operate under a unified headquarters in Charlotte, North Carolina. The merger is intended to leverage the combined capabilities and experience of AMP and AHS to better serve end markets including food and beverage, pharmaceutical, nutraceutical, and chemical industries. This move is set against the backdrop of global operations with centers of excellence located in the United States, United Kingdom, and Germany. May River plans to enhance the scale and efficiency of its operations through this strategic combination, emphasizing growth and innovation. Key advisors in the merger include Winston & Strawn LLP for corporate legal matters, Paul Hastings LLP for debt counsel, and financial guidance from Robert W. Baird & Co.
Sectors
- Private Equity
- Industrial Manufacturing
- Pharmaceutical Manufacturing
- Food and Beverage Manufacturing
Geography
- United States – May River Capital is based in Chicago, with operations headquartered in Charlotte, NC, and centers of excellence in Iowa and California.
- United Kingdom – The article mentions operations in Manchester, UK, as part of AMP and AHS's global presence.
- Germany – Frankfurt, Germany, is listed as one of the locations for the newly formed entity's centers of excellence.
Industry
- Private Equity – The article involves May River Capital, a private equity firm known for its strategic investments and mergers.
- Industrial Manufacturing – Advanced Material Processing and Automated Handling Solutions operate in the industrial sector providing manufacturing equipment.
- Pharmaceutical Manufacturing – The services provided by the merged entity cater to the pharmaceutical sector among other industries.
- Food and Beverage Manufacturing – The merger of AMP and AHS focuses on providing solutions that are applicable in the food and beverage industry.
Financials
- Not disclosed – Specific financial details of the merger are not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| May River Capital, LLC | Private Equity Firm | Company | A Chicago-based lower middle-market private equity firm involved in managing the merger of AMP and AHS. |
| Advanced Material Processing | Merger Participant | Company | A portfolio company of May River Capital involved in material processing technologies. |
| Automated Handling Solutions | Merger Participant | Company | A portfolio company of May River Capital specializing in automated handling equipment. |
| Steve Griesemer | Partner | Person | A partner at May River Capital involved in the merger announcement. |
| Seth Vance | CEO | Person | CEO of the merged platform providing strategic direction post-merger. |
| Winston & Strawn LLP | Corporate Counsel | Company | Legal advisors providing corporate counsel for the merger. |
| Paul Hastings LLP | Debt Counsel | Company | Provided debt counsel. |
| Robert W. Baird & Co. | Financial Advisor | Company | Financial advisor to May River Capital for the merger. |
| Kayne Anderson Private Credit | Debt Financing Provider | Company | Provided debt financing support for the merger. |
| Northstar Capital | Debt Financing Provider | Company | Also provided debt financing support for the merger. |