GME Supply Co Receives Significant Investment from Platte River Equity
Columbia, Missouri, December 4, 2019 â€“ GME Supply Co (â€œGMEâ€ or the â€œCompanyâ€) is pleased toÂ announce it has recently received a significant investment from Platte River Equity (â€œPlatte Riverâ€), aÂ private equity firm based in Denver, Colorado. GME, headquartered in Columbia, Missouri, is a market-leadingÂ distributor of fall protection, safety equipment and related gear for at-height workers in theÂ telecommunications, wind, solar, industrial and construction markets.
â€œWe are excited about our new partnership with Platte River,â€ said Beau Aero, Founder & CEO of GME. â€œWe have grown significantly over the last 10 years and believe Platte Riverâ€™s experience in our markets will help us further achieve our goals.â€
Peter W. Calamari, Managing Director of Platte River said, â€œBeau and his management team have builtÂ 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 aggressiveÂ diversification strategy was a key factor in our decision to partner with their team. We hope toÂ help GME continue to build upon this impressive track record.â€
â€œOur company has always been focused on doing what is best for the industries we serve, and theÂ customers within those markets,â€ Aero said. â€œIn discussions with Platte River, it was clear that theyÂ understood our vision for the future. Weâ€™re looking forward to accelerating our growth and improving our
existing strengths to even higher levels.â€
Matt D. Newill, Vice President of Platte River, stated, â€œWe have made several investments in companiesÂ serving at-height workers and believe GME is well-positioned to take advantage of strong growth in itsÂ core end markets.â€
With the additional support provided by Platte River, GME intends to increase their national footprintÂ further with additional locations, staff, and logistical systems to continue their mission to keep workersÂ 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 distributionÂ centers in Atlanta, Dallas and recently Los Angeles, GME is a North Americaâ€™s Premier Outfitter of fallÂ protection, safety equipment and other gear for at-height workers in the telecommunications, wind, solar,Â industrial and construction markets.
About Platte River Equity
Based in Denver, Colorado, Platte River Equity is a private equity firm focused on equity investmentsÂ in lower middle market operating companies with enterprise values generally between $40 million andÂ $250 million. The firm invests in sectors where it has deep operating and investing experience, including aerospaceÂ & transportation; industrial products & services; energy products & services; and agriculture &Â 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
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