May River Capital, a Chicago-based private equity firm, has acquired Automated Handling Solutions, a provider of conveyor and material handling and automation equipment technologies.
Automated Handling Solutions aims to help processors manage their lines more effectively and efficiently. The company primarily serves the food and beverage, pharmaceutical, nutraceutical, specialty chemical and industrial end-markets.
Abacus Finance Group served as senior secured credit facilities administrative agent and sole lender for senior secured credit facilities to support the financing in this transaction. Legal counsel was provided to Abacus by Goulston & Storrs PC.