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Announced

Completed

Pro Mach completed the acquisition of Sentry Equipment & Erectors.

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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Acquisition

Completed

industrial automation

United States

Machinery: Industrial

Domestic

Private

Friendly

Single Bidder

Majority

Synopsis

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Pro Mach, a processing and packaging solutions provider, completed the acquisition of Sentry Equipment & Erectors, a full-service manufacturer of industrial automation equipment including conveyors, palletizers, and other container-handling machinery and robotics for the beverage market. Financial terms were not disclosed. “The transaction with ProMach provides Sentry with a tremendous opportunity to capitalize on several strategic initiatives as part of ProMach’s well-established platform. I want to thank the team at SC&H for their dedication to reaching a successful outcome for Sentry and our employee owners. Their guidance was instrumental in getting this transaction completed and I could not be happier with the outcome for Sentry, our employees, and our customers,” Tim Woodson, Sentry Equipment & Erectors President.

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