Latest news with #MayRiver
Yahoo
02-04-2025
- Business
- Yahoo
May River Capital Establishes a New Flow Control Platform, Tusk Industrial
CHICAGO, April 2, 2025 /PRNewswire/ -- May River Capital ("May River"), a Chicago-based private equity firm focused on lower middle market industrial growth companies, announced today its acquisition of the Global Pump Solutions business of CECO Environmental Corp. (Nasdaq: CECO), including the highly respected Dean, Fybroc, and Sethco pump brands. Going forward, these three brands will be collectively organized under the parent company, Tusk Industrial, a newly formed portfolio company of May River. Tusk Industrial specializes in tough, high-performance pumping and fluid handling solutions engineered to excel in rugged environments. Tusk Industrial designs, manufactures, and services metallic, fiberglass, and thermoplastic pumps for usage within a diverse range of high-temperature, corrosive, and caustic industrial environments, including chemical processing applications. Under the leadership of President & GM, Ming Cheung, the company has grown to over 100 employees serving over 1,500 customers globally across two locations in Telford, Pennsylvania and Indianapolis, Indiana. Cheung and the broader Tusk Industrial management team will continue to lead the organization under new ownership. "Partnering with May River marks an exciting milestone for our company," said Cheung. He went on to comment that, "this partnership unlocks incredible opportunities to supercharge our growth, expand our capabilities, and deliver even greater value to our customers. It's an exciting time for our employees, customers, and partners as we take Tusk Industrial to new heights." Pat St. John, Managing Director of May River, stated, "Tusk Industrial is a standout business with significant growth potential, and we're excited to partner with management to drive its continued success. With our deep expertise in building businesses within the flow control sector, we are committed to investing in new products, expanding into new markets, and pursuing strategic acquisitions - all with the goal of strengthening Tusk Industrial's foundation and, most importantly, delivering greater value to its customer base." Paul Hastings and TD Securities served as legal and financial counsel to May River while Koley Jessen and EC M&A served as legal and financial counsel to CECO Environmental Corp. About Tusk IndustrialTusk Industrial specializes in tough, high-performance pumping and fluid handling solutions engineered to excel in rugged environments – ensuring reliability where failure isn't an option. Tusk Industrial designs, manufactures, and services metallic, fiberglass, and thermoplastic pumps for usage within a diverse range of high-temperature, corrosive, and caustic industrial environments, including chemical processing applications. For more information, please visit About May River CapitalMay River Capital is a Chicago-based private equity firm focused on partnering with lower middle-market industrial growth businesses. The firm invests in high-performing companies in advanced manufacturing, engineered products and instrumentation, specialized industrial services, and value-added industrial distribution services. For more information, please visit View original content to download multimedia: SOURCE May River Capital, LLC
Yahoo
07-02-2025
- Sport
- Yahoo
6 May River athletes announce college plans
BLUFFTON, S.C. (WSAV) — May River High School celebrated six athletes continuing their athletic and academic careers at the next level with a ceremony in the school gymnasium on Feb. 6. Austin Guthrie will play baseball at Columbia International University. 'I messaged coach and then met him in person and he was super excited for me,' Gutherie said. 'And I love Coach Schmidt and he's always been there to help.' Ansley Carr will cheer at Anderson University. 'I've cheered since I was four, Carr said. 'So I've dedicated a lot of my life and a lot of time to it. I'm pretty excited to take it to the next level.' Jackson MacDonald takes his cross country and track skills to Spartanburg Methodist. 'If it doesn't happen, it doesn't mean anything,' MacDonald said. 'So I think it just means the world that I can keep going to do what I love and pursue a career with it.' Will Bostwick is headed to Hampden Sydney College for football. 'I'm hoping to start next year in my freshman year and then hopefully work my way up and maybe get to a higher division school later on,' Bostwick said. High school teammates Bryson Hart and Will Rowley will play lacrosse at Belmont Abbey College. 'I'm really excited to spend the next four with Will again,' Hart said. 'Just these past four, I hope they are as successful as the next four.' Rowley said, 'Bryson and I have been playing all four years. He's honestly my best friend. I'm just glad I get to room and play with him for the next four years.' Congratulations to all the May River signees. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.