StoneTree Investment Partners has made a new investment in Reel Power International, a manufacturer of engineered equipment used for handling wire, cable, and other flexible materials. Based in Oklahoma City with an additional site in Houston, Reel Power offers automated reeling, winding, and coiling systems across its Reel Power Industrial and Reel Power Marine & Energy brands, along with aftermarket services, certifications, and field support.
CEO Joe Henry said that StoneTree’s operational expertise and focus on continuous improvement align well with the company’s mission as it expands automation offerings and strengthens customer relationships. StoneTree partner Chris Dupré noted that Reel Power fits the firm’s strategy of backing industrial businesses with strong leadership and favorable long-term demand drivers. Fellow partner Joel Stanwood added that the firm plans to support advancements in technology, operations, and workforce development. Mesirow Financial advised Reel Power on the transaction, while McGuireWoods acted as StoneTree’s legal advisor. Transaction terms were not disclosed.
Source: PR Newswire
