Platte River Equity, a Denver-based private equity firm that makes control investments in North American industrial and distribution companies, has acquired Womack Machine Supply Company, an industrial distributor of parts and services.
Womack supplies parts and services for hydraulic, pneumatic and automation control systems. The company serves a customer base across 13 facilities.
“We look forward to expanding the service and support we provide to our suppliers and customers and plan to leverage Platte River’s extensive experience to continue our strong growth trajectory,” says Matt Oldroyd, CEO of Womack.
William Blair acted as financial advisor and Nelson Mullins provided legal counsel to Womack. Bartlit Beck LLP served as legal counsel to Platte River.