USA – MEI Rigging & Crating, a portfolio company of Olympus Partners, has completed the acquisition of professional packaging and crating company ProPack International.
Founded by Mike and Nancy Dooley in 1997, ProPack has over 25 years of experience providing specialist freight packaging solutions for local, national or international travel by land, sea or air.
The company offers a full line of commercial and industrial export packaging solutions to a diverse customer base. Post-closing, ProPack will be integrated into MEI’s existing operations at Atlanta.
After the completion of this transaction, the employee-owned and operated packaging company will be integrated with the existing operations of MEI in Atlanta.
Commenting on the latest acquisition, MEI CEO Dan Cappello said: “We are thrilled to add this new service line to our already rapidly growing Atlanta rigging business.
“With this acquisition, MEI is now one of the premier full-service rigging and crating providers in the region.”
MEI Rigging & Crating primarily focuses on providing rigging, machinery moving, millwrighting, mechanical installation, industrial storage, crating and export packing services.
MEI, which has an expansive portfolio and footprint, is a portfolio company of private equity firm Olympus Partners.
It currently has a team of more than 1,000 employees, operating out of 17 different locations across 13 US states, including Georgia, California, Pennsylvania, Maryland, Delaware, Oregon, Massachusetts, Texas, Nevada, Utah, Arizona, Virginia and North Carolina.
In January last year, the company acquired Northern Virginia-based premier industrial rigging, storage, and hauling firm, A&A Transfer (A&A).
Founded in 1965, A&A has built a reputation for quality and service by continuously designing innovative, custom solutions using cutting-edge technology and equipment to meet the unique needs of each customer and individual project.
The dynamic partnership expands MEI’s footprint into Northern Virginia, the nation’s largest data center market. MEI currently serves customers in Arizona, California, Delaware, Georgia, Maryland, Nevada, New Jersey, Pennsylvania, Texas, and Utah.
Meanwhile, in July this year, private equity firm Olympus Partners acquired MEI backed by Monroe Capital LLC.
Cappello at the time said: “I am confident that Olympus is the right financial partner to facilitate MEI’s next phase of growth.
“Our best-in-class team has made great progress in building a national platform for our services, but we’ve only scratched the surface of the potential growth opportunities that lie ahead for MEI.”
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