Published February 28, 2017

Hadley Capital Acquires Pneumatic Conveying, Inc.

By Scott Dickes

Hadley Capital recently acquired Pneumatic Conveying, Inc., a manufacturer of  turnkey and custom pneumatic conveying systems.  Hadley Capital acquired the business from Wayland Gillespie, in partnership with Wayland's son, Warren Gillespie.  Wayland founded Pneu-Con nearly 30 years ago.  Hadley Capital and Warren Gillespie plan to develop a long-term plan for building on Pneu-Con's reputation for deep engineering expertise and manufacturing high-quality systems that perform to specific application demands.

Hadley Capital has a wealth of experience working with family-owned businesses on generational transfers.  Please contact us if we can help your family-owned business.

More about Pneu-Con

Pneu-Con designs, manufactures and installs turnkey and custom pneumatic conveying systems that serve as a critical component of dry bulk material handling systems.  Pneu-Con serves a broad spectrum of the commercial economy including food, plastic, pharmaceutical, nutraceutical, chemical, and agriculture industries, among many others.  Pneu-Con is based in Ontario, California, east of Los Angeles.

The Company’s web address is www.pneumaticconveyingsolutions.com.

Scott Dickes - General Partner

Scott founded Hadley Capital in 1998 with the objective of bringing a professional investment strategy to the small company market. Scott has spent the better part of two decades financing and growing small companies. It’s in his blood … he grew up visiting small companies on family vacations with his dad who was also a small company investor.

Scott works with Gillinder Glass, S&S, Custom Label, Harris Seeds, ISS, and W.C. Rouse, and was previously the chairman of the board of Packaging Specialists, JRI Industries and Kelatron, all former Hadley Capital companies.

He enjoys traveling with his family, flying (instrument rated pilot), rock climbing, golf, paddle tennis, and water skiing. Scott recently took up beekeeping as a hobby.

Scott is a Trustee of the Hadley School for the Blind (no affiliation). He holds a BA from Duke University and received his MBA from the Kellogg School of Management at Northwestern University. Scott and his wife have two teenage children.