Belt Power 2
The Business
Belt Power (www.beltpower.com) is a Marietta, Georgia-based full-service distributor and fabricator of conveyor system components, including conveyor belts, equipment, accessories and rubber, hose and gasket products. Through twelve locations throughout the US, Belt Power serves the conveyor maintenance, replacement and overhaul needs of over 3,000 current customers with a focus on food processing, packaging, material handling and light industrial markets.
The Transaction
Prestwick co-advised Belt Power and Shorehill Capital, a Chicago, Illinois-based private equity group, in a divestiture process that included both strategic acquirers and private equity groups.