MEI Rigging & Crating, LLC (MEI) announced Tuesday it had purchased specialty freight packaging solution company ProPack International Inc. (ProPack).
MEI, which provides rigging, machinery moving, millwrighting, mechanical installation, industrial storage, crating, and export packing services, said it acquired the Atlanta-based ProPack to expand its rigging and crating services.
“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,” Dan Cappello, CEO of MEI said.
ProPack was founded in 1997 by Mike and Nancy Dooley and has more than 25 years of specialty freight packaging experience for moving locally, nationally, or internationally by land, ocean or air, the company said. It offers a full range of commercial and industrial export packaging solutions. Following the closing the company will be integrated with MEI’s existing Atlanta operations, the companies said.
MEI is a portfolio company of Olympus Partners with a team of over 1,000 employees in 17 locations across 13 states including Arizona, California, Delaware, Georgia, Maryland, Massachusetts, Nevada, North Carolina, Oregon, Pennsylvania, Texas, Utah, and Virginia. Olympus Partners is a private equity firm focused on providing equity capital for middle market management buyouts and growing companies. It manages more than $8.5 billion on behalf of corporate pension funds, endowment funds and state-sponsored retirement programs. Since 1988, the company has invested in a wide array of industries including business services, food services, consumer products, healthcare services, financial services, industrial services and manufacturing.