May River Capital, a Chicago-based private equity firm focused on lower middle-market industrial growth businesses, has acquired Cablevey Conveyors, a manufacturer of tubular drag conveyer systems serving the food and beverage, pharmaceutical and chemical markets.
May River Capital invests in high-quality industrial growth businesses, including precision manufacturing, engineered products and instrumentation, specialized industrial services, and value-added industrial distribution services.
Cablevey Conveyors, based in Oskaloosa, Iowa, is a global specialty conveyor manufacturer that designs, engineers, assembles and services tubular drag cable and disc conveyor systems. The Company’s technology is known for food-safe, efficient and low-energy consumption performance for some of the most demanding applications in the material handling sector.
EC M&A acted as financial advisor to May River Capital on this transaction.