Keswick Partners Announces Investment in Meeker Holding Company

Keswick Partners is pleased to announce that it has completed a recapitalization of Meeker Holding Company (“MHC”) and its two divisions, Meeker Equipment (“Meeker”) and Hamilton Tanks (“Hamilton”).  Based in Belleville, PA, Meeker is a manufacturer of asphalt plant equipment and aftermarket parts, specializing in retrofitting equipment in hot mix asphalt facilities.  Based in Columbus, OH, Hamilton is a manufacturer of customized steel tanks for the asphalt, chemicals, energy, and food and beverage end markets.

Under the leadership of second-generation owners Jeff Meeker and Steve Meeker, MHC has cultivated top-tier relationships with industry stakeholders, serving as a one-stop shop for all asphalt production equipment and general storage tank needs.

“Jeff, Steve, and the entire MHC team have built an exceptional reputation through a service-first culture that’s supported by providing customized, highly engineered solutions to customers,” said Sean Healy, Head of Business Development at Keswick. “We’re honored to preserve the legacy the Meeker family created and to be part of MHC’s future.”

“Keswick’s relationship-focused approach and experience made them the ideal partner for us,” said Jeff Meeker, President of the Meeker division.  Steve Meeker, President of Hamilton, commented, “Together with the Keswick team, we will continue making Meeker and Hamilton the go-to providers in our marketplace.”

MHC is the fourth platform investment made in Keswick’s current fund and was represented by Delancy Street Partners, a boutique investment bank based outside of Philadelphia, PA.