Announced
Completed
Financials
Sources
Tags
Friendly
Single Bidder
emergency response vehicles
Acquisition
United States
Automobiles
Majority
Completed
Private
Synopsis
REV Group, a manufacturer of specialty vehicle brands, completed the acquisition of Spartan Emergency Response, a designer, manufacturer and distributor of custom emergency response vehicles, cabs and chassis for the emergency response market, for $55m. "We are excited to acquire a top North American fire apparatus manufacturer of scale with a well-recognized, innovative and broad product offering, long-standing relationships with dealers and municipal customers, and a growing installed base of over 6k vehicles. It’s our long-term strategy to continue to grow this segment, as well as continue to establish REV Group as a leader in the innovation of fire apparatus and other emergency response vehicles," Tim Sullivan, REV Group President and CEO.
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