Platte River Sends Hetsco to Global Power Equipment
May 01, 2013
Platte River Equity, a Denver-based private equity firm, has sold portfolio company Hetsco to Global Power Equipment Group (NASDAQ: GLPW). Hetsco is an Indiana-based provider of emergency and planned repairs for brazed aluminum heat exchangers. The company also provides maintenance, fabrication, construction, relocation and safety services to industrial gas, gas processing, LNG and utility companies. Platte River acquired the company in September 2008.