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New Deal


Announced

Completed

Safe Fleet completed the acquisition of Merlot Vango Tarping Solutions.

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

tarpaulin systems

Auto Parts

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Synopsis

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Safe Fleet, a supplier of safety solutions for fleet vehicles, completed the acquisition of Merlot Vango Tarping Solutions, a provider of rolling tarpaulin systems for flatbed and platform trailers. Financial terms were not disclosed. “Merlot is a perfect addition to our existing tarping systems business, adding breadth to our product portfolio to serve a key commercial vehicle market segment. Their innovative products combined with exceptional installation and aftermarket parts and service support will add to the Safe Fleet value proposition for commercial vehicle fleets and operators,” John R. Knox, Safe Fleet Chairman & CEO.

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