Dorner Mfg. Corp. Joins Incline Equity Partners
HARTLAND, Wis. — Dorner Mfg. Corp. announced today its partnership with Incline Equity Partners of Pittsburgh, Pa. Located in Hartland, Wis., Dorner is a leading designer, manufacturer and supplier of unit handling conveyor systems used to address automation needs in industrial, packaging, food, medical and pharmaceutical markets. Founded in 1969 by members of the Dorner family, Dorner is a leader in the high performance conveying equipment sector, having developed a robust product line from low profile industrial belt conveyors to food grade stainless steel conveyors used in sanitary environments.
“We have been particularly impressed by Dorner’s strong management team, best-in-class manufacturing operations, and growth prospects,” said Justin Bertram, Partner of Incline Equity Partners. “We look forward to supporting management’s efforts to achieve various growth initiatives as well as to pursue strategic acquisitions in certain target areas.”
“The management team and I are excited about our partnership with the Incline team,” said Rich Ryan, new CEO of Dorner, who served as COO of Dorner for the past seven years. “With Incline’s support, we are well-positioned to invest in or acquire the appropriate resources needed to better service our existing customers, as well as to support our growth into new product areas, end markets and geographies.”
Dorner manufactures both built-to-order and engineered-to-order conveyors and sells to a diversified customer base of channel partners, OEMs and systems integrators. In addition, the company maintains a large and growing installed base of conveyors which require replacement parts and service. Dorner offers products with best-in-class delivery times and is backed by an industry leading 10-year warranty which results from the company’s customer-focused culture and commitment to lean manufacturing principles.
Hartland, Wisconsin-based Dorner Manufacturing is a world leader in the design, manufacture and distribution of high-quality conveyors and related equipment. Since 1973, companies from around the world have turned to Dorner conveyors for greatly improved efficiency and productivity. For more information about products or company news, visit Dorner’s Web site at www.dornerconveyors.com.
About Incline Equity Partners
Incline Equity Partners focuses on making private equity investments of $10 million to $25 million in support of leveraged buyouts, recapitalizations and large minority financings of lower middle market growth companies with enterprise values between $25 million and $100 million across a variety of industry sectors including specialized light manufacturing, value-added distribution, and business and industrial services.