GME Supply Co announced it recently received a significant investment from Platte River Equity, a private equity firm based in Denver, CO. GME, headquartered in Columbia, Missouri*, is a distributor of fall protection, safety equipment and related gear for at-height workers in the telecommunications, wind, solar, industrial and construction markets.
GME Founder/CEO Beau Aero, said: “We have grown significantly over the last 10 years and believe Platte River’s experience in our markets will help us further achieve our goals.”
Peter W. Calamari, Managing Director of Platte River said, “Beau and his management team have built 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 aggressive diversification strategy was a key factor in our decision to partner with their team. We hope to help GME continue to build upon this impressive track record.”
“We have made several investments in companies serving at-height workers and believe GME is well positioned to take advantage of strong growth in its core end markets,” Matt D. Newill, Vice President of Platte River, said.
With the additional support provided by Platte River, Aero said it intends to increase its national footprint with additional locations, staff, and logistical systems.
(*editor’s note: home to the world’s greatest School of Journalism @ the University of Missouri)
December 5, 2019