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Molior Growth Partners Launches With Western Storage & Handling Acquisition

Emily Manifold by Emily Manifold
December 1, 2023
in Business ☆ Finance
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Molior Growth Partners is a private equity firm located in Denver that specializes in investing in small and lower middle-market industrial and infrastructure businesses. The firm announced its official launch, as well as the successful completion of its first acquisition of Western Storage & Handling.

Molior Growth Partners focuses on privately held businesses in the Midwest and Southwest regions of the United States. The firm seeks out opportunities in five targeted sectors: advanced manufacturing, engineered products, value-added distribution, tech-enabled B2B services, and industrial software and technology. The company is headquartered in Denver and is committed to investing in businesses that exhibit strong growth potential.

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Molior was founded in 2023 by Ben Schnakenberg, who builds upon more than 20 years of experience providing capital, operational, and strategic support to lower middle-market companies. “I am excited to formally announce the launch of Molior Growth Partners,” said Schnakenberg. “Molior’s mission is to partner with exceptional founders, owners, and leadership teams to achieve transformational growth in companies in the industrial and infrastructure sectors. We are committed to building long-term partnerships and believe that by rolling up our sleeves alongside our teams and fostering a culture of trust and collaboration, we can unlock the full potential of the businesses in which we invest,” Schnakenberg added.

Western Storage & Handling is a Denver-based company that specializes in the design, distribution, and installation of material handling and storage equipment. As it celebrates its 15th anniversary this month, Western has established itself as a leading provider of customized solutions that help manufacturers and distributors in the Rocky Mountain region optimize their facility usage and improve operational efficiency.

“The acquisition of Western Storage & Handling is an exciting milestone for Molior,” said Ben Schnakenberg, Founder and Managing Partner of Molior Growth Partners. “Western’s experienced team, exceptional design and engineering capabilities, and turnkey value proposition make it a tremendous fit with Molior’s strategy. I am thrilled to partner with Harry Neumann and the Western team to accelerate the Company’s growth into new geographies and additional automated material handling solutions,” Schnakenberg added.

“We could not be more excited to partner with Ben and Molior for the next chapter of Western’s growth,” added Harry Neumann, Jr., Founder and Director of Business Development at Western Storage & Handling. “Ben shares our values and our commitment to being a trusted partner to our customers and our vendors.”

Emily Manifold

Emily Manifold

Newsdesk Assistant Editor

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