M&A Deal Summary

Alta Equipment Group Acquires Baron Industries

On September 1, 2021, Alta Equipment Group acquired machinery company Baron Industries

Acquisition Highlights
  • This is Alta Equipment Group’s 1st transaction in the Machinery sector.
  • This is Alta Equipment Group’s 5th transaction in the United States.
  • This is Alta Equipment Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2021-09-01
Target Baron Industries
Sector Machinery
Buyer(s) Alta Equipment Group
Deal Type Add-on Acquisition

Target

Baron Industries

Wilmington, Massachusetts, United States
website
Baron Industries is a provider of dock and door sales, service, and installation for the greater New England area. The company specializes in commercial overhead loading dock doors and equipment, hydraulic lifts, and vertical reciprocating conveyors. Baron Industries is based in Wilmington, Massachusetts.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Alta Equipment Group

Livonia, Michigan, United States

website

Category Company
Founded 1984
Sector Business Services
Employees2,800
Revenue 1.6B USD (2022)
DESCRIPTION

Alta Equipment Group owns and operates equipment dealership platforms in the U.S. Through its branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment and other industrial and construction equipment. Alta Equipment Group was incorporated in 1984 and is based in Livonia, Michigan.

DEAL STATS #
Overall 5 of 13
Sector (Machinery) 1 of 2
Type (Add-on Acquisition) 5 of 13
State (Massachusetts) 1 of 1
Country (United States) 5 of 11
Year (2021) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-10-15 Howell Tractor and Equipment

Gary, Indiana, United States

Howell Tractor and Equipment LLC is a privately held heavy equipment dealer who has an expansive range of heavy construction, mining, material handling, and crane equipment available for sale or rent to its premium customer base.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-02 Gibson Machinery

Bedford, Ohio, United States

Gibson Machinery is a premium equipment distributor, that offers a full-line of industry-leading heavy equipment product lines and specialty attachments, as well as service, rentals, replacement parts and equipment financing. Gibson serves a wide variety of customers in the construction, recycling, and steel and demolition markets. Gibson Machinery was founded in 2003 and is based in Bedford, Ohio.

Buy -
Mergr

Product

Company

Legal