Announced
Completed
Financials
Tags
Acquisition
Completed
Friendly
Canada
Specialty Retailers
Cross Border
equipment dealer
Single Bidder
Private
Majority
Synopsis
Alta Equipment Group, a company that owns and operates integrated equipment dealership platforms in the US, completed the acquisition of Ault Industries, a specialty equipment dealer. Financial terms were not disclosed. “The acquisition of Ault represents Alta’s first investment in Canada for our growing construction segment. We are extremely excited to partner with the Ault team as they have built a high-performing equipment dealership in the aggregate and mining space, a growing end market in their region and for Alta. In addition to entering the major construction markets of Toronto and Montreal, we also eagerly embrace a new relationship with McCloskey, a market-leading OEM in the crushing and screening product category. We extend a warm welcome to the Ault team as they become part of the Alta family,” Ryan Greenawalt, Alta Equipment Group CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.