Norwest Mezzanine Partners Supports Norwest Equity Partners’ Acquisition of Ramsey Industries
November 08, 2017
Minneapolis, Minnesota – Norwest Mezzanine Partners (NMP) has announced that it has invested junior capital and equity alongside Norwest Equity Partners (NEP) in support of NEP’s investment in Ramsey Industries, Oklahoma based leading manufacturer of service cranes, industrial and commercial winches, planetary gear, and digger drives.
Founded in 1944 by Claude and Rayburn Ramsey as Ramsey Brothers Tool & Die to manufacture aircraft parts, tools, and dies for Douglas Aircraft Company, Ramsey is today comprised of three wholly-owned branded subsidiaries, Auto Crane®, Eskridge® and Ramsey Winch®. Each of Ramsey’s brands is a leader in its market segment with a long-standing reputation for safety, innovation, quality, reliability, and performance serving mission critical applications. Driven by a lean, streamlined approach to product development and problem solving, Ramsey products have continued to dramatically improve the energy, mining, utility, and construction industries around the world.
Auto Crane® designs and manufactures a comprehensive line of truck-mounted electric and hydraulic telescopic cranes, crane service bodies, crane control technologies, accessories, and mobile solutions for the energy, mining, construction, industrial, forestry and railroad industries. Eskridge® is a leading designer, manufacturer and marketer of planetary gear drives and anchor drives, digger drives, and multiple-disc brakes. Ramsey Winch® designs and manufactures industry-leading industrial and consumer winches for use in towing and recovery, industrial, petroleum, off-road and ATV vehicles.
Please visit www.ramseyindustries.com to learn more.