DALLAS & FORT WORTH, Texas–(BUSINESS WIRE)–Satori Capital, a Dallas/Fort Worth multi-strategy investment firm
committed to the principles of conscious capitalism, announced today an
investment in Able Machinery Movers, Inc. Able is a heavy
machinery-moving and rigging company that serves customers in a variety
of sectors, including manufacturing, medical, semiconductor, and food
Based in Grapevine, Texas, Able was founded more than 60 years ago, and
it has developed long-term relationships with a notable list of
multinational customers, including Bell Helicopter, General Electric,
TDIndustries, Tetra Pak, and Texas Instruments, among others. Able
prioritizes completing projects safely, on time, and within budget, and
its customers rely on Able’s experience placing machinery in areas with
limited maneuverability, as well as its ability to work in sensitive
environments such as data centers, clean rooms, and hospitals.
“The equipment Able handles is very large, very complex, and very
expensive,” said Satori co-founder Sunny Vanderbeck. “You cannot trust
it to just anyone, but Able has gained a well-deserved reputation for
reliability, specialized expertise, and safety over its many years in
business. We think there’s enormous potential for even more customers to
discover what a valuable partner Able can be.”
Able’s president, David Krieger, joined the company more than 30 years
ago and has developed a culture centered on exceptional customer
service, efficient operation, and support for its team members. Able’s
workforce is entirely composed of full-time employees rather than
contractors, and in Mr. Krieger’s tenure, it has never laid off
employees because of changes in workload or project demand.
“We care about our customers and our team members, and it was important
to us to ensure those priorities would remain in place when we took on
an investment partner,” said Mr. Krieger. “Satori understands the value
of what we’ve built, and they’re helping us grow the right way. We’re
enthusiastic about the possibilities for expanding our reach both
geographically and through aligned partnerships – while preserving what
we value. We couldn’t ask for a better partner than Satori.”
The transaction exemplifies the type of favorable outcome described in
Mr. Vanderbeck’s upcoming book, Selling Without Selling Out: How to
Sell Your Business Without Selling Your Soul. The book provides
guidance to help business leaders articulate their priorities and find a
buyer or capital partner who shares their values.
About Satori Capital
Satori Capital is a Texas-based multi-strategy investment firm founded
upon the principles of conscious capitalism. Satori’s private equity
business partners with leadership teams of companies with $5 million to
$25 million of EBITDA that operate with a long-term perspective, commit
to their mission or purpose, and create value for all stakeholders.
Companies interested in additional information should visit www.satoricapital.com.
About Able Machinery Movers, Inc.
Based in Grapevine, Texas, Able Machinery Movers is a leading
equipment-moving and rigging company serving commercial and industrial
customers. Since its founding in 1957, Able has built a reputation for
safely completing complex projects on time and within budget. Visit www.ablemachinerymovers.com
for more information.