West Cap owns Riteway and Degelman. If anybody is saying Riteway bought Morris, it is in fact West Cap that purchased them. I have not personally heard that they have bought them but I guess it make sense.
Sounds like West Cap is being like Agco or AGI with multiple different brands. Hope with some more backing Degelman can still build equipment like they have been and it doesn't turn into the penny counters running the design floor.
West cap is a fund. They will integrate all three companies (same accounting, it, hr, inventory management systems), cut management to 1 set overseeing all 3 areas, package all 3 to obtain better financing rates from banks, and likely in a few years, sell the entire package as one standalone business.