Incline Equity Partners, a private equity firm, announced the acquisition of Midwest Industrial Rubber, Inc. (“MIR”), a leading value-added supplier of lightweight conveyor belting and related components.
Founded in 1980 and headquartered in St. Louis, Missouri, MIR specializes in custom design, engineering and fabrication for mission critical belting applications. MIR’s highly differentiated service offering is recognized for its best-in-class quality and superior technical capabilities.
“We were looking for a partner that understood our business and our industry,” said Mike Bruhn, CEO of MIR. “We are well-positioned for multiple avenues of growth. Incline has a history of helping companies like ours prioritize and plan growth initiatives. That experience should allow us to grow faster and expand our national footprint.”
View the entire press release here.