Tallman Equipment Acquired by Private Equity Firm

Private equity firm Platte River Equity announced Tuesday that it has acquired Tallman Equipment Company, an Indiana distributor of tools and equipment to the electric utility and linework segments.

Tallman Equipment CompanyIn addition to its tools and equipment lineup, Tallman also offers services and other support to those customers, including tool repair, fiberglass testing, groundset and jumperset manufacturing, rope fabrication, rubber goods and rental services.


The Tallman deal is Platte River’s 100th acquisition over its 20-year history. The Denver-based firm also owns TIPCO Technologies, Belt Power, Evolution Motion Solutions and MES Life Safety, among other companies.

Terms of the transaction were not disclosed.

"Tallman has earned a trusted position in a highly demanding market,” Platte River Principal Mike Reilly said in a statement. “The company's customer relationships, field expertise and service-oriented culture make it a strong platform for continued growth."

"Tallman's customers can expect the same team, commitment to quality and practical, field-focused service they know today,” added Tallman CEO Charlie Vicari. “With Platte River's support, we'll be better positioned to invest in inventory, service capabilities, operational strength and the customer experience."