Platte River Equity Announces The Acquisition Of Turf Care Supply, Llc
01/11/22, 1:42 PM
Industry
financial services
professional services
consumer goods
professional services
Platte River Equity ("Platte River") announced that it has made a majority investment in Turf Care Supply, LLC ("Turf Care" or the "Company") in partnership with the management team, which made a significant investment alongside Platte River. Headquartered in Brunswick, OH, Turf Care is a leading formulator and blender of coated nitrogen and other fertilizer products, operating four manufacturing facilities throughout the eastern United States. The transaction also includes Allied Nutrients, a division within Turf Care focused on supplying enhanced efficiency fertilizer.
Company Info
Company info
Founded in 2006 and based in Denver, CO, Platte River Equity is a private equity firm focused on investments in established lower middle market operating companies in targeted industrial sectors where it has substantial operating and investing experience.
Platte River utilizes conservative capital structures in order to invest in future growth opportunities and withstand changing economic environments. The firm also provides significant on-going support to its portfolio companies through dedicated resources across functional areas.
The firm has raised funds with committed capital in excess of $1.3 billion and is currently investing out of its $625 million fourth fund. Platte River's employees are the largest collective investor across its funds, deeply aligning the firm with its investors and portfolio company management teams.