DENVER, CO - Headwaters MB advised Kayne Anderson on the sale of Jameson Group LLC ("Jameson") to Platte River Equity. Terms of the transaction were not disclosed.
Jameson is a leading manufacturer of premium quality tools and lighting solutions for professionals across industrial and military end markets worldwide. Platte River will combine Jameson with its existing portfolio company, Huskie Tools, Inc., a leading provider of professional-grade battery operated hydraulic hand tools, hoists and related accessories, thereby creating a diversified entity focused on the industrial tools sector.
“For more than 60 years, Jameson has provided professionals worldwide with quality tools and lighting solutions,” said Dan Miller, CEO and Chairman of Jameson. “With the strong reputation enjoyed by both companies, we are excited for the opportunity to enter new markets and accelerate the pace of new product development across both brands. We look forward to a union with Huskie Tools that is centered on growth, high-quality customer service and continued product innovation.”