Western Storage and Handling has recapitalised in partnership with Ben Schnakenberg, founder and managing partner of Molior Growth Partners.
Western, a designer, distributor and installer of material handling and storage equipment, will maintain its current corporate office and distribution facility in Denver, Colorado, as well as its sales office in Colorado Springs, Colorado.
Western's founder, Harry Neumann Jr. will transition into the role of director of sales and business development.
Ben Schnakenberg will assume the role of president.
All other members of the team will be retained, including Western co-founder Tim Tyler, who will continue to provide consultation to support the company's growth.
"Western's experienced team, exceptional design and engineering capabilities, and turnkey value proposition have been the foundation for its success," Schnakenberg says.
"I am thrilled to partner with Harry Neumann and the Western team to accelerate the Company's growth into new geographies and additional automated material handling solutions."