Wolter – a leading provider of material handling solutions, automation, overhead cranes, industrial dock and door services, and power systems – announced a significant growth investment from BBH Capital Partners (BBHCP). This strategic partnership will enable Wolter to accelerate its expansion plans, including acquisitions and real estate investments, further solidifying its position in the industry.
Launched in 1962 and based in Brookfield, WI, Wolter has become a trusted name in the material handling industry, offering an expansive range of services and solutions, including new and used equipment sales, service and training, robotics and automation, overhead cranes and hoists, standby power generators, etc. And with a dedicated team of over 590 employees, Wolter serves a broad customer base across seven states, including Wisconsin, Northern Michigan, Indiana, Ohio, and Kentucky, with plans to expand into the mid-Atlantic, Southeast, and mid-South regions.
BBH Capital Partners (a private equity strategy of Brown Brothers Harriman & Co) is known for providing capital solutions to growth-oriented middle-market companies. And their minority investment in Wolter underscores their confidence in Wolter’s potential for continued growth and expansion.
Robert W. Baird served as the exclusive investment banker for Wolter in this transaction – underscoring the strategic importance and potential of the partnership between Wolter and BBHCP.
KEY QUOTES:
“Our alliance with BBH Capital Partners marks a milestone in Wolter’s journey. Their investment and expertise will significantly enhance our ability to pursue strategic acquisitions and make impactful real estate investments, enabling us to serve our customers better and expand our market presence.”
– Jerry Weidmann, President of Wolter
“We are proud to partner with Wolter and support their ambitious growth strategy. The company’s strong family values, commitment to excellence, and strategic vision align perfectly with our investment philosophy. We look forward to contributing to Wolter’s success in the coming years.”
– Matthew Salsbury, Co-Manager of BBHCP
