Media
Platte River Ventures Announces Final Closing of its $235 Million Second Fund
April 7, 2009
Platte River Ventures announced the final closing of its second private equity fund, Platte River Ventures II, L.P. ("PRV II"), with total commitments from PRV II investors of $235 million, exceeding its fundraising target of $200 million.
Platte River Ventures Closes Purchase of Hetsco, Inc.
September 4, 2008
Platte River Ventures announced today that it acquired all of the outstanding stock of Hetsco, Inc. ("Hetsco" or the "Company") in partnership with senior management. Headquartered in Greenwood, Indiana, Hetsco is the leading independent provider of repair and maintenance services for brazed aluminum plate-fin heat exchangers used in industrial gas, liquefied natural gas and chemical facilities, as well as a specialty provider of construction and fabrication services for the industrial gas industry.
Platte River Ventures Hires Richard Wood as Chief Executive Officer of PRV Aerospace
September 3, 2008
Platte River Ventures is pleased to announce the appointment of Richard Wood as Chief Executive Officer of PRV Aerospace, the parent company of its four aerospace operating companies. Richard brings more than two decades of management and manufacturing experience, including fourteen years in the aerospace industry, to the leadership of PRV Aerospace. He will provide strategic and operational leadership for PRV Aerospace, including the continued integration of the existing aerospace businesses and anticipated future acquisitions.
Platte River Ventures Announces Intrepid Potash, Inc. Initial Public Offering
April 29, 2008
Platte River Ventures announced today the initial public offering of Intrepid Potash, Inc. The offering was for 34,500,000 shares of common stock (including the underwriters' option to purchase additional shares) and was priced at $32.00 per share. The shares began trading April 22, 2008 on the New York Stock Exchange under the ticker symbol "IPI."
Platte River Ventures Closes Purchase of Giddens Industries, Inc.
January 29, 2008
Platte River Ventures announced today that it acquired all of the outstanding stock of Giddens Industries, Inc. in partnership with senior management of the company. Headquartered in Everett, Washington, Giddens is a manufacturer of complex machined and precision sheet metal parts and component subassemblies for the aerospace industry...
Platte River Ventures Leads Investment in Intrepid Mining LLC
June 5, 2007
Platte River Ventures announced today that it has led an investor group in the purchase of a 20% stake in Intrepid Mining LLC. Headquartered in Denver, Colorado, Intrepid Mining is a large producer of potash, the potassium-based agricultural fertilizer nutrient. Intrepid operates five active potash facilities, three in New Mexico, and two in Utah, producing approximately 10% of total U.S. potash demand...
Platte River Ventures Acquires Aero Design & Manufacturing, Inc.
April 24, 2007
Platte River Ventures announced today its acquisition of Aero Design & Manufacturing, Inc. Based in Phoenix, Arizona, Aero Design focuses on the manufacture, assembly and kitting of complex, critical components for the commercial and defense aerospace markets and also provides FAA-certified overhaul and repair service on selected parts...
Platte River Ventures Closes Purchase of Precision Machine Works, Inc.
February 26, 2007
Platte River Ventures announced today that it had acquired the outstanding stock of Precision Machine Works, Inc., in partnership with senior management of the company. Headquartered in Tacoma, Washington, Precision Machine Works specializes in the manufacture and assembly of hard metal structural components for the commercial and defense aerospace markets...
Platte River Ventures Announces Acquisition of Tell Tool, Inc.
April 26, 2006
Platte River Ventures announced today its acquisition of Tell Tool, Inc., in partnership with the company's management team. Tell Tool is a Westfield, Massachusetts-based manufacturer of intricately machined, critical jet engine and jet hydraulics components for the aerospace industry...
