Announced
Completed
Synopsis
Alta Equipment Group, an integrated equipment dealership platform, went public via merger with B. Riley Principal Merger, a blank check company, in a $540m deal. "The additions of Flagler and Liftech provide further scale to our dealer platform and provide a great opportunity to grow our aftermarket parts, sales and service business through geographic expansion. Our strengthened capital structure will further support organic growth as well as the robust opportunities in our acquisition pipeline. We are grateful to Dan Shribman, Bryant Riley and the entire B. Riley Financial team for their partnership and look forward to sharing our progress with our stockholders as we continue to deliver on our growth strategy," Ryan Greenawalt, Alta CEO and Chairman of the board of directors.
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