MOTIS Brands: Elevating Innovation with Acquisition of Cargo Equipment Corporation

MOTIS Brands, a portfolio company of Prospect Hill Growth Partners, has recently acquired Cargo Equipment Corporation, a renowned manufacturer of heavy-duty tie downs and cargo equipment. The acquisition further strengthens MOTIS Brands' assortment of cargo control products, enhancing their ability to serve a wide range of industries and end-markets with premium quality solutions.

Cargo Equipment, based in Huntley, IL, specializes in providing custom-made tie down solutions tailored to meet the specific requirements of various industries. With a reputation for exceptional quality and custom capabilities, Cargo Equipment is an excellent addition to MOTIS Brands' growing portfolio.

Rich Spratt, CEO at MOTIS Brands, expressed his enthusiasm about the acquisition, stating, "Our strength at MOTIS lies in our ability to efficiently serve a broad range of end markets with a curated assortment of ramp and access products. With the addition of Cargo Equipment, our assortment and family of brands is even stronger, and we are excited to partner with the Cargo Equipment team to continue our growth together."

The addition of Cargo Equipment to MOTIS Brands' existing product assortment further solidifies their expertise in the loading, hauling, mobility, access, and productivity market segments. By leveraging MOTIS' shared services team, Cargo Equipment will benefit from enhanced eCommerce capabilities, as well as investments in operations and expansion opportunities. Jeff Iden, President at Cargo Equipment, shared his excitement about the partnership, stating, "We've known the MOTIS team for many years, and we're excited to know that this partnership can take Cargo Equipment to the next level."

MOTIS Brands, headquartered in Germantown, WI, prides itself on delivering innovation and value in the loading, hauling, automotive, and accessibility space. With a collection of industry-leading brands under its umbrella, including Discount Ramps, Race Ramps®, Silver Spring Mobility®, Heavy Duty Ramps®, Black Widow®, Guardian Industrial Products®, Harbor-Mate®, Pier d' Nort®, Elasco Products®, and MAC's Tie Downs®, MOTIS Brands is committed to providing full access to the people, projects, and passions that move individuals.

Prospect Hill Growth Partners, the private equity firm backing MOTIS Brands, specializes in making control equity investments in North American consumer and healthcare growth companies. With a successful investment track record spanning two decades and more than 35 portfolio companies, Prospect Hill brings extensive sector-focused investment strategy and expertise to its partnerships. The firm's robust operational value-add model and strong alignment of interests have been instrumental in their success.

The acquisition of Cargo Equipment Corporation by MOTIS Brands marks a significant milestone in their quest for innovation and expansion. The combined expertise and product offerings of both companies will undoubtedly result in enhanced value and an even stronger presence in the cargo control industry. As MOTIS Brands continues to grow and serve a diverse range of end-markets, they remain committed to delivering innovative solutions that elevate accessibility and mobility.

For more information about MOTIS Brands and their portfolio of industry-leading brands, please visit [www.MOTISbrands.com](https://www.motisbrands.com).