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New Deal


Announced

Completed

ROMCO Equipment completed the acquisition of Sierra Machinery.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Majority

Completed

Single Bidder

construction equipment

Construction Services

Domestic

Private

Friendly

Synopsis

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ROMCO Equipment, a distributor of heavy equipment for the construction, mining, paving and aggregate industries, completed the acquisition of Sierra Machinery, a premier full-service distributor of construction, mining, and industrial equipment. Financial terms were not disclosed. "Sierra Machinery has been an employee focused company offering premium products and outstanding customer support for over 40 years. These core values align with ROMCO Equipment Co., and we are excited to welcome Sierra Machinery and their customers into the ROMCO family," Steve Passmore, ROMCO President.

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