MEI Rigging & Crating, a portfolio company of Olympus Partners, has acquired Northeast Riggers, a provider of machinery moving and industrial storage services. Olympus acquired MEI Rigging & Crating in August 2023 from Dorilton Capital.
MEI is a provider of industrial services including rigging and machinery moving, millwrighting and mechanical installation, industrial storage, and equipment crating and export packing. MEI’s customers are active in a range of industrial verticals including datacenters, semiconductors, and electric vehicles.
MEI moves all types of heavy and intricate machinery for its customers, including one-off moves to entire plant relocations. MEI is headquartered in Albany, Oregon, and operates 21 facilities across 17 states, including Arizona, California, Delaware, Georgia, Louisiana, Maryland, Massachusetts, Nevada, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, and Virginia.
Northeast Riggers is a provider of a range of specialized services, including equipment rigging and relocation, climate-controlled storage for sensitive machinery, and logistics coordination. Customers of the company include manufacturing companies, industrial facilities, and other businesses requiring relocation or installation of heavy equipment. Northeast Riggers is capable of handling the entire transfer of a specific product line, plant, or manufacturing system.
Northeast Riggers is headquartered in Farmington, Connecticut, with additional facilities in Jupiter, Florida, and Columbus, Georgia. The company was founded in 1975 by Peter Mace and is currently led by CEO Peter Mace Jr.
“We’re thrilled to welcome the Northeast team to MEI,” said Doug Dayton, CEO of MEI. “Their growth and development closely mirror our own—expanding geographically and broadening services to meet customer needs. The Northeast team embodies the entrepreneurial spirit we highly value at MEI.”
The buy of Northeast Riggers follows MEI’s buy of Georgia-based ProPack International and North Carolina-based J&J Machinery Transport in 2023; and Virginia-based Coast Rigging and Tennessee-based Dalrymple Rigging & Transport in 2024.
With the addition of Northeast Riggers, MEI now employs more than 1,600 people and operates across 21 facilities in 17 states, including Arizona, California, Delaware, Georgia, Louisiana, Maryland, Massachusetts, Nevada, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, and Virginia.
Olympus Partners invests in a range of industries but has a specific interest in business services, consumer products, healthcare services, financial services, industrial services, and manufacturing. The firm was founded in 1988 and is based in Stamford, Connecticut.
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