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Platte River Equity Acquires Municipal Emergency Services

October 05, 2021, 08:00 AM
Filed Under: Private Equity

Platte River Equity acquired Municipal Emergency Services, Inc. ("MES" or the "Company") from HB Equity Partners. Headquartered in Sandy Hook, Connecticut, MES is a leading equipment supplier and service provider to first responders throughout the United States.

"We are looking forward to our new partnership with Platte River," said Tom Hubregsen, CEO of MES. "Over the last 15 years, our team has helped make MES the top choice for first responders to meet their equipment and service needs. The team at Platte River will provide a unique perspective and insight to help us continue our expansion of product and service offerings and geographic reach."

"We are excited about the opportunity to work with Tom and his team," said Eric Crawford, Principal of Platte River. "MES represents the leading brands in the industry and has built a strong organization and stellar reputation for customer service. We look forward to building upon these successes."

Michael Bonnet of HB Equity Partners said, "We are proud of what Tom and the team at MES have accomplished over the last 15 years and are looking forward to the opportunity to participate alongside Platte River in the next phase of the Company's growth."

Nelson Mullins served as legal counsel and Jefferies served as financial advisor to MES. Bartlit Beck LLP served as legal counsel and Houlihan Lokey served as financial advisor to Platte River. Varagon Capital Partners, L.P. served as Administrative Agent and Joint Lead Arranger for the financing; Crescent Direct Lending served as Joint Lead Arranger and PennantPark Investment Advisers and Siemens Financial Services, Inc. served as co-lenders.


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