Announced
Financials
Tags
Single Bidder
Pending
Private
Machinery: Construction
United States
Domestic
machinery manufacturing
Friendly
Acquisition
Majority
Synopsis
Empire Southwest, an authorized Cat dealer for heavy equipment and power systems, agreed to acquire Cashman Equipment, a highest-rated Cat equipment dealers. Financial terms were not disclosed. “We have tremendous respect and admiration for MaryKaye Cashman and her team. Cashman is a very high performing dealership that has been dedicated to their people, customers, and communities for generations. We are honored and humbled by the trust MaryKaye and Caterpillar have placed in us. Like Empire, the Cashman organization is full of amazing men and women who are committed to making things better. I’m confident that the new combined team will take the business in both service territories to new levels of client success by building on the industry-leading strengths of both dealerships,” Jeff Whiteman, Empire President and CEO.
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