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Announced

HIG Capital-backed Wastequip acquired Amrep.

Synopsis

HIG Capital-backed Wastequip, the leading North American manufacturer of waste handling equipment, acquired Amrep, a leading refuse body and hoist manufacturer. Financial terms were not disclosed. “We are excited for this next phase in Amrep’s development and proud to become affiliated with an industry-leading organization like Wastequip,” said Alex Ghibaudo, chief executive officer, Amrep. “We believe the combined power of our two companies will extend our ability to grow our refuse truck market share significantly and develop an even more robust product suite.”

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