Ingersoll-Rand - Mon February 11, 2019
Ingersoll Rand Announces Acquisition Plans
Ingersoll-Rand has announced it has made a binding offer to acquire Precision Flow Systems ("PFS") from funds advised by BC Partners Advisors L.P. and The Carlyle Group for $1.45 billion. PFS is a leading provider of fluid management systems with world class brands including Milton Roy, LMI, Haskel, BuTech, Dosatron, YZ Systems, Williams and Hartell....
Epiroc - Fri February 01, 2019
Epiroc Acquires U.S. Water Well Drilling Equipment Distributor
Epiroc, a leading productivity partner for the mining, infrastructure and natural resources industries, has acquired the assets of Noland Drilling Equipment, a U.S. distributor of water well drilling equipment and related parts, services and consumables....
Peterson Trucks Inc. - Tue January 15, 2019
Peterson Acquires Brattain, Operates Five New Oregon Locations
Peterson Trucks Inc. (PTI), authorized International trucks, IC Bus, and Idealease dealer to customers in Northern California acquired the business assets of Brattain International on Nov. 2, 2018. PTI began operating from five Oregon locations during normal business hours on Nov....
Strickland - Mon January 14, 2019
Strickland Acquires ACS
Strickland, a producer of excavator attachments headquartered in the United Kingdom, recently announced the acquisition of ACS Industries Inc. , including the Asbury brand. According to Strickland's Mick Crimmins, the decision to acquire ACS was driven by the complementary product lines the two companies produce, the combination of which will give Strickland a full production offering....
H&E Equipment - Wed January 09, 2019
H&E Equipment Services to Acquire Texas-Based Construction Equipment Rental Company
H&E Equipment Services Inc. announced its entry into a definitive agreement to acquire We-Rent-It (WRI), a non-residential construction-focused equipment rental company with six branches serving the growing central Texas market....
Morbark - Fri January 04, 2019
Acquisition Gives Morbark a Strong, Global Mulcher Attachment Line, Future Growth
Morbark LLC announced that it has completed the acquisition of DENIS CIMAF Inc. , based in Roxton Falls, Québec. This transaction represents the company's second acquisition since private equity firm Stellex Capital Management LP acquired Morbark in 2016....
Craig Mongeau - CEG Editor in Chief - Thu December 20, 2018
Hoffman Equipment Ramps Up Volvo Presence in Northeast
When Hoffman Equipment's acquisition of Penn-Jersey Machinery became official on Nov. 19, 2018, it was the culmination of the usual back-and-forth business negotiations — maybe it'll happen … maybe it won't....
Sunroc Corporation - Tue December 18, 2018
Sunroc Acquires Tri-County Concrete, Retains Employees
Sunroc Corporation (Sunroc), a construction services company serving Utah, Idaho and Wyoming, announced it has closed on the asset acquisition of Roosevelt-based concrete company, Tri-County Concrete. The acquisition will amplify Sunroc's current service area in Utah, making the company among the largest sand and gravel, ready-mixed concrete and construction service companies in Utah....
United Rentals - Mon December 03, 2018
United Rentals Completes Acquisition of WesternOne Rentals & Sales
United Rentals, Inc. announced that United Rentals of Canada, Inc., a wholly-owned subsidiary of the company, has completed the previously announced acquisition of WesternOne Rentals & Sales LP ("WesternOne") for a cash purchase price of approximately $90.4 million....
KPS - Wed November 07, 2018
KPS Capital Partners to Sell Attachments Division of International Equipment Solutions
KPS Capital Partners, LP ("KPS") announced that it has signed a definitive agreement, through an affiliate, to sell the attachments division of International Equipment Solutions, LLC ("IES"), consisting of IES' Paladin, Genesis and Pengo business units, along with all brands and operations within those units, (collectively, "IES Attachments" or the "Company") to Stanley Black & Decker, Inc....
