Create a CEG Account  /  CEG Login

Acquisition


National Equipment Dealers Expands, Rebrands With Acquisition of Richardson Service 1991

Richardson Service 1991 Inc. is now a National Equipment Dealers LLC (NED) company. The recent acquisition of Richardson Services will expand the NED organization in the state of South Carolina, where NED is represented by MAY-RHI in Columbia and Summerville....


Stafford Crane Group Acquires Soima Cranes of Portugal

Arizona-based Stafford Crane Group (SCG) has announced the acquisition of Portuguese tower crane manufacturer Soima Cranes. With this acquisition, SCG gains control over design and production of its tower crane equipment and will be able to take its customer service in rental operations to the next level, the company said....


Ritchie Bros. to Acquire Parts, Service Technology Company SmartEquip

Ritchie Bros. Auctioneers and SmartEquip announced that they have entered into a definitive agreement under which Ritchie Bros. will acquire SmartEquip for approximately $175 million. Completion of the acquisition is subject to customary closing conditions, including, among other conditions, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended....


SEI Holds Event to Announce MJR Equipment Acquisition

Stephenson Equipment Inc. (SEI) held an open house Sept. 16 in Harrisburg, Pa., to officially announce its acquisition of MJR Equipment. The event, held at the LCBC Church parking lot, adjacent to MJR Equipment's facility, drew more than 600 attendees from local highway and public works departments....


All Roads Acquires Five Komatsu Dealership Branches

All Roads has announced the acquisition of five full-service Komatsu dealership branches located in Virginia from Rish Equipment Company. The acquisition of the five stores, which are now operating under the banner of All Roads Equipment dealerships, represents the company's commitment to serving the commercial markets as it expands its offerings into heavy equipment....


HCSS to Be Acquired by Thoma Bravo

HCSS, a supplier of estimating, operations and fleet management software, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a software investment firm. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the fourth quarter of 2021....


Chadwick-BaRoss Announces Acquisition of J.F. McDermott

Chadwick-BaRoss Inc. (CBR), has completed the acquisition of J.F. McDermott Corp. (McDermott), a Whitman, Mass.- based distributor of equipment to the water and waste water industries. Under the announced deal, all of McDermott's employees will be joining CBR, under the leadership of CBR President Jim Maxwell....


Alta Expands Construction Equipment Business With Acquisition of Gibson Machinery

Alta Equipment Group Inc. announced Sept. 2 that it has entered into a definitive agreement to acquire Gibson Machinery LLC, a privately held premium equipment distributor based in Oakwood Village, near Cleveland, Ohio....


Manitowoc Agrees to Acquire Aspen Equipment

The Manitowoc Company Inc. , a global manufacturer of cranes and lifting solutions, announced that it has entered into a definitive agreement to acquire substantially all the assets of Aspen Equipment, Co....


Cervus Equipment Corp. Agrees to Be Acquired by Brandt Tractor

Cervus Equipment Corporation has entered into an arrangement agreement pursuant to which Brandt Tractor Ltd. will acquire all of the issued and outstanding common shares of the company, excluding those held by Brandt, for $19.50 per share in cash (the "consideration"), valuing Cervus at approximately $302 million on an equity value basis (the "transaction")....





×

Stay Ahead of the Market

Get weekly equipment news, auction updates, and dealer insights — trusted by thousands of industry professionals.