MEI Rigging and Crating, LLC
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MEI Rigging and Crating, LLC - overview
Established
1990
Location
-, OR, US
Primary Industry
Logistics & Distribution
About
MEI Rigging and Crating, LLC is a US-based company specializing in industrial solutions such as heavy rigging, machinery moving, and specialized transportation services for various sectors. Founded in 1990 and headquartered in Albany, US, MEI Rigging and Crating, LLC focuses on providing essential industrial services. The company has been involved in two significant deals, with the most recent one occurring on June 30, 2023, when Olympus Partners acquired the company from Dorilton Capital. The CEO is Dillon Watson, and Douglas Dayton also plays a key role in leadership.
MEI Industrial Solutions specializes in providing comprehensive industrial solutions that encompass heavy rigging, machinery moving, and specialized transportation services. The company’s core offerings address critical needs in diverse sectors such as data centers, life sciences, pharmaceuticals, and automotive industries, with a strong emphasis on safety and reliability. MEI’s clean room experts are adept at handling sensitive chip manufacturing equipment, ensuring precision during transport. In addition, they manage nationwide rigging and installation services for battery, electric vehicle (EV), and automotive manufacturers, including the setup of Gigafactories and full-line equipment installations.
The geographical markets served by MEI span across North America, catering to clients involved in mission-critical projects that require meticulous compliance and operational excellence. MEI Industrial Solutions generates revenue through a variety of contract-based projects primarily structured around B2B transactions. The company engages with clients through direct partnerships, providing tailored solutions for their industrial needs. Revenue streams are derived from large-scale projects, where clients contract MEI for specific services such as rigging, machinery moving, and installation.
These contracts are often structured to include milestones tied to project progress and completion, ensuring that payments are aligned with deliverables. MEI’s clients, including those in the semiconductor and life sciences sectors, rely on the company’s expertise for crucial operations, positioning MEI as a key player in the industrial solutions market. In June 2023, MEI Rigging and Crating, LLC was acquired by Olympus Partners to support its next phase of growth. The company plans to expand its service offerings and enter new geographic markets, focusing on enhancing its presence in North America.
The rationale behind the acquisition will enable MEI to invest in new product development and expand into sectors that require advanced rigging and installation services.
Current Investors
Dorilton Capital
Primary Industry
Logistics & Distribution
Sub Industries
Facilities & Maintenance Services, Industrial Wholesalers, Warehouses, Packaging
Website
www.meiindustrialsolutions.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
MEI Rigging and Crating, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Announced | MEI Rigging and Crating, LLC | - | ||||||||
| Add-on | Completed | Northeast Riggers Inc. | - | ||||||||
| Add-on | Completed | Dalrymple Rigging & Transport | - | ||||||||
| Add-on | Completed | Coast Rigging & Machinery Moving | - | ||||||||
| Add-on, Trade Sale | Completed | Able Machinery Movers, Inc. | - |
Displaying 1 - 5 of 18
MEI Rigging and Crating, LLC - employee data


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