May River Capital sells Dickson to Copeland, a Blackstone portfolio company
May River Capital has announced the sale of its portfolio company, Dickson, to Copeland, which is owned by private equity firm Blackstone. Since acquiring Dickson in April 2018, May River and its management team transformed it from a family-owned business into a global environmental monitoring platform with operations across three continents. The acquisition included strategic investments in sensor technology and cloud-based solutions to serve highly regulated industries such as life sciences and pharmaceuticals. The purchase of Oceasoft further expanded Dickson’s technological capabilities and international footprint. Rick Weiler, CEO of Dickson, highlighted the company's growth under May River's support. Steve Griesemer from May River Capital praised the leadership team for their role in positioning Dickson as a global leader before its sale to Copeland, which is expected to provide new opportunities for expansion and customer reach.
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