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C.W. Downer & Co. Advises Portec Group International, Inc. on Sale to The Interroll Group

BOSTON, July 15, 2013 – C.W. Downer & Co., a leading global middle-market investment bank, is pleased to announce that Incline Equity Partners has sold Portec Group International, Inc. to Interroll Holding AG of Switzerland. The deal closed on July 8, 2013 and the transaction value was not disclosed.

Founded in 1957 and headquartered in Cañon City, CO, Portec is the leading North American manufacturer of specialized conveyor products for use in airport, postal & parcel, manufacturing and warehouse applications. Portec’s diverse product line includes highly customized, high quality power belt turn conveyors, spiral curve, spiral lift, merge and knife-edge conveyors, as well as a variety of spiral chutes. In addition, the company offers preventive maintenance services and replacement parts such as belts, drives, bearings, end rolls, reducers, and motors.

Portec will bring technological expertise, complementary product solutions, an industry-leading reputation, and a strong US presence to the Interroll Group, a global manufacturer of material handling equipment for airports, parcel & postal services, food processing and distribution centers. In turn, Portec will benefit from Interroll’s extensive global distribution network and access to international customers.

“We are pleased to have advised Incline with the successful divestiture of Portec, which is a leading company in an attractive niche segment of the material handling market,” said Michael Howell, Managing Director & Partner with C.W. Downer & Co. “This transaction adds to the long list of material handling transactions we have advised on over the last decade,” he concluded.

The C.W. Downer & Co. team advising Incline and Portec with the sale included Mr. Howell (Managing Director & Partner), Frank Merkel (Managing Director & Partner), Christopher Donegan (Director), Breck Bailey (Associate) and Chris DiPietro (Analyst).

About C.W. Downer & Co.

C.W. Downer & Co. is an independent, global investment bank offering middle-market clients a high level of personal attention coupled with 38 years of international execution experience. We provide insight, not just information. We generate value, not just transactions. With nine fully integrated offices on four continents, we consistently identify the most appropriate strategic buyer and uncover “hidden” acquisition targets. C.W. Downer & Co. delivers the reach of a bulge-bracket investment bank with the senior level focus of a boutique. For more information, visit http://www.cwdowner.com.

For Further Information:

Michael Howell, Managing Director & Partner
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Frank Merkel, Managing Director & Partner
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Patti Allan, Marketing Director
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C.W. Downer & Co.
+1 617 482 6200

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