Platte River Equity Partners with Tallman Equipment Company

Denver, CO - Platte River Equity ("Platte River"), a Denver-based private equity firm that makes control investments in North American industrial companies, is pleased to announce that it has partnered with Tallman Equipment Company ("Tallman" or the "Company") to support the Company's next phase of growth. Tallman is a trusted supplier of tools, equipment, services and support for the electric utility and linework industries. Platte River's partnership with Tallman marks the firm's 100th acquisition since its founding in 2006 and reflects its deep experience in industrial distribution and electric utility services businesses.

Founded on serving the needs of linemen, utility crews, contractors, municipalities and electrical professionals, Tallman has built its reputation around dependable products, technical knowledge, responsive support and a deep understanding of jobsite reality. The Company's offering includes lineman tools and equipment, rental services, tool repair and refurbishment, fiberglass testing and refurbishment, groundset and jumperset manufacturing, rope fabrication, rubber goods and other critical field support services.

"Tallman has earned a trusted position in a highly demanding market. The Company's customer relationships, field expertise and service-oriented culture make it a strong platform for continued growth," said Mike Reilly, Principal at Platte River. "We're excited to partner with the Tallman team, invest in the business and support the Company's next chapter," added Peter Calamari, Managing Director at Platte River.

"This is a growth partnership built around continuity," said Charlie Vicari, CEO of Tallman. "Tallman's customers can expect the same team, commitment to quality and practical, field-focused service they know today. With Platte River's support, we'll be better positioned to invest in inventory, service capabilities, operational strength and the customer experience."

"This partnership gives us more room to grow without losing what makes Tallman different," added Rick Laramie, President of Tallman Equipment. "Our focus remains where it's always been-making sure customers get the right tools, equipment and support so crews can work safely and efficiently."

Bartlit Beck LLP served as legal counsel, and Stephens Inc. served as financial advisor to Platte River.