Praesidian Capital has sold Reel Power International to StoneTree Investment Partners, facilitating the company’s continued growth in engineered material-handling solutions.

Information on the Target

Praesidian Capital recently announced the successful sale of Reel Power International Corp. (“Reel Power”), a leading provider in engineered winding, spooling, and material-handling equipment. Based in Oklahoma City, with additional operations in Houston, Reel Power specializes in manufacturing automation-enabled solutions that serve a variety of industries, including wire and cable manufacturing, distribution, marine, energy, defense, and other industrial applications. Their extensive product portfolio includes automated take-ups and pay-offs, coilers, measures, DCB accumulators, hydraulic connectors, winches, and other proprietary systems aimed at enhancing customer productivity, safety, and efficiency.

In 2023, Praesidian Capital began a partnership with Dubin Clark to support Reel Power’s operational and commercial strategies. Such efforts led to significant company advancements, including the expansion of their automation and integrated systems portfolio, the implementation of LEAN methodologies to enhance gross margins, and the establishment of a structured aftermarket program focused on increasing recurring revenues from parts, services, and certifications. Additionally, the company strengthened its engineering resources, improved its product development pipeline, and invested in production capacity to cater to the demand across various sectors including wire and cable, energy, marine, and defense.

Industry Overview in Oklahoma

The industrial manufacturing landscape in Oklahoma has undergone substantial transformations in recent years, driven by technological advancements and increased investment in automation. As a hub for various industries, including