Investment Summary

Platte River Equity and Apogem Capital Invest In TIPCO Technologies

On December 5, 2023, private equity firm Platte River Equity and asset manager Apogem Capital invested in distribution company TIPCO Technologies

Investment Highlights
  • This is Platte River Equity’s 5th and Apogem Capital’s 3rd transaction in the Distribution sector.
  • This is Platte River Equity’s 31st and Apogem Capital’s 69th transaction in the United States.
  • This is Platte River Equity’s 1st and Apogem Capital’s 2nd transaction in Maryland.

Investment Summary

Date 2023-12-05
Target TIPCO Technologies
Sector Distribution
Investor(s) Platte River Equity
Apogem Capital
Deal Type Growth Capital

Target

TIPCO Technologies

Owings Mills, Maryland, United States
TIPCO is a value-added distributor of fluid conveyance and sealing solutions, operating from 30 strategic locations across the United States. The Company serves a variety of end markets including infrastructure, manufacturing, transportation, government, agriculture/forestry, and energy. TIPCO Technologies was founded in 1888 and is based in Owings Mills, Maryland.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

Investor

Platte River Equity

Denver, Colorado, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 1.6B USD
Size Large
Type Sector Focused
DESCRIPTION

Platte River Equity is a private equity firm focused on investing in small and middle-market private companies based in the US. Platte River generally invests $25 to $100 million of equity capital per transaction and looks for businesses that can benefit from the Firm's operating expertise. Sectors of interest include aerospace manufacturing and services, metals, chemicals, energy and energy services, natural resources, financial services, and communications. Platte River typically targets control investment situations, but will opportunistically pursue minority investments. Platte River Equity was formed in 2006 and is based in Denver, Colorado.


DEAL STATS #
Overall 32 of 32
Sector (Distribution) 5 of 5
Type (Growth Capital) 5 of 5
State (Maryland) 1 of 1
Country (United States) 31 of 31
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-07-18 GME

Columbia, Missouri, United States

GME is an omnichannel distributor of fall protection, safety, and productivity equipment. The company supplies a comprehensive selection of fall protection, rigging materials, workwear, and PPE to technicians and contractors working in the telecom, utility, aerial construction, renewable energy, and other industrial markets. It provides expedited delivery of products that are critical to worker safety while catering to unique customer needs with value-added services like curated kitting and certified training courses. GME Supply was founded in 2005 and is based in Columbia, Missouri.

Sell -
Investor

Apogem Capital

Chicago, Illinois, United States

Category Asset Manager
Founded 2001
PE ASSETS 39.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apogem Capital is a diversified alternative investment manager and subsidiary of insurance provider, New York Life. Apogem manages a variety of investment strategies including private equity, private credit, and real assets. Within private equity, the Firm looks to make fund, direct, and secondary investments, as well as acquire GP stakes. Within its direct investing activity, Apogem targets mid-sized companies valued up to $250 million and will consider businesses throughout North America and Europe. Apogem Capital formed as the result of New York Life combining PA Capital, Madison Capital Funding, and Goldpoint Partners into one entity. Apogem Capital is based in New York City.


DEAL STATS #
Overall 69 of 69
Sector (Distribution) 3 of 3
Type (Growth Capital) 10 of 10
State (Maryland) 2 of 2
Country (United States) 69 of 69
Year (2023) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-11 Elgin Fastener Group

Wheeling, Illinois, United States

Elgin Fastener Group is a manufacturer of short-run, high-quality specialty fasteners for a diverse range of niche industrial end markets. Elgin Fastener Group was founded in 2002 and is based in Wheeling, Illinois.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-31 Lone Peak Dental Group

Englewood, Colorado, United States

Lone Peak Dental Group is a dental services organization focusing on the underserved pediatric market segment. Lone Peak Dental Group was founded in 2003 and is based in Englewood, Colorado.

Sell -