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New Deal


Announced

Completed

Tuckahoe completed the acquisition of Gateway Dealer Network from Brightstar Capital Partners.

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

industrial equipment

Machinery: Industrial

Acquisition

Domestic

Private

Majority

Completed

Private Equity

Friendly

Single Bidder

Synopsis

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Tuckahoe, a family-run diversified holding company, completed the acquisition of Gateway Dealer Network, a prominent provider of industrial equipment, from Brightstar Capital Partners, a middle market private equity firm. Financial terms were not disclosed. "We have immense admiration for GDN’s business model and its ability to serve a broad range of customers. This acquisition fits perfectly with our focus of owning middle market companies for the long term. We are committed to working hand-in-hand with John and his team to unlock new opportunities and drive sustained growth," Peter and Stuart Farrell, Tuckahoe Managing Directors.

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