Dorilton Capital Adds New Platform, Invests in MEI Rigging & Crating
Dorilton Capital Advisors, LLC (“Dorilton”), a leading family equity office, has made a majority investment in MEI Rigging & Crating, LLC (“MEI”). MEI is one of the largest U.S. providers of machinery moving, millwrighting, installation, crating and export packing services. The company is known for both its reputation for excellent customer service and its strong safety culture. Dan Cappello will continue in his role as President and CEO and retain a significant equity stake in the company.
Based in Albany, Oregon, MEI has over 20 years of experience in rigging heavy industrial and manufacturing equipment. Relying on state-of-the-art equipment and decades of expertise, MEI moves all types of heavy and intricate machinery for customers in end markets ranging from semiconductor manufacturing to consumer packaged goods. Customer jobs range from one-off moves to entire plant relocations. The company is strategically positioned across more than 10 locations in Arizona, Nevada, Oregon, Texas and Utah.
“MEI has established an excellent reputation for providing high quality services dealing with complex and expensive equipment,” said Dorilton CEO, Darren Fultz. “We are excited to partner with Dan and the rest of the MEI management team to support the company’s growth strategy of expanding service offerings and reach.”
Dan Cappello has led MEI since 2004 and has achieved significant growth by opening new sites, acquiring smaller competitors, leveraging customer relationships and introducing complementary services.
“We are very enthusiastic about our partnership with Dorilton. We have chosen Dorilton because of their long-term focus on growth, history of adding value to platforms through bolt-on acquisitions and shared vision for MEI. This partnership will benefit our customers and employees and will allow MEI to remain focused on our ‘Built On Commitment’ approach to customer satisfaction and a job well done,” said Mr. Cappello.