GME Supply Receives Significant Investment from Platte River Equity

 

 

GME Supply Co Receives Significant Investment from Platte River Equity

Columbia, Missouri, December 4, 2019 – GME Supply Co (“GME” or the “Company”) is pleased to announce it has recently received a significant investment from Platte River Equity (“Platte River”), a private equity firm based in Denver, Colorado. GME, headquartered in Columbia, Missouri, is a market-leading distributor of fall protection, safety equipment and related gear for at-height workers in the telecommunications, wind, solar, industrial and construction markets.

“We are excited about our new partnership with Platte River,” said Beau Aero, Founder & CEO of GME. “We have grown significantly over the last 10 years and believe Platte River’s experience in our markets will help us further achieve our goals.”

Peter W. Calamari, Managing Director of Platte River said, “Beau and his management team have built an impressive organization with great customer service and consultative support for clients rooted in knowledge of products and best practices. Their unique position in a core group of niche industries and aggressive diversification strategy was a key factor in our decision to partner with their team. We hope to help GME continue to build upon this impressive track record.”

“Our company has always been focused on doing what is best for the industries we serve, and the customers within those markets,” Aero said. “In discussions with Platte River, it was clear that they understood our vision for the future. We’re looking forward to accelerating our growth and improving our
existing strengths to even higher levels.”

Matt D. Newill, Vice President of Platte River, stated, “We have made several investments in companies serving at-height workers and believe GME is well-positioned to take advantage of strong growth in its core end markets.”

With the additional support provided by Platte River, GME intends to increase their national footprint further with additional locations, staff, and logistical systems to continue their mission to keep workers safe and productive on the job, by offering customers world-class service and expertise.

About GME Supply Co

Founded in 2005 and headquartered in Columbia, Missouri with storefronts and primary distribution centers in Atlanta, Dallas and recently Los Angeles, GME is a North America’s Premier Outfitter of fall protection, safety equipment and other gear for at-height workers in the telecommunications, wind, solar, industrial and construction markets.

About Platte River Equity

Based in Denver, Colorado, Platte River Equity is a private equity firm focused on equity investments in lower middle market operating companies with enterprise values generally between $40 million and $250 million. The firm invests in sectors where it has deep operating and investing experience, including aerospace & transportation; industrial products & services; energy products & services; and agriculture & chemicals. Platte River has raised funds with committed capital in excess of $1.3 billion.

*The information in this article has been published on PE Hub, Inside Towers, and Industrial Distribution.