Applied Industrial Technologies Mergers and Acquisitions Summary

Distribution Company

Applied Industrial Technologies has acquired 37 companies, including 9 in the last 5 years. A total of 3 acquisitions came from private equity firms. It has also divested 1 asset.

Applied Industrial Technologies’ largest acquisition to date was in 2018, when it acquired FCX Performance for $768M. Applied Industrial Technologies has acquired in 15 different US states, and 5 countries. The Company’s most targeted sectors include distribution (92%) and automotive (3%).

Join Mergr and gain access to Applied Industrial Technologies’ M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the distribution sector.

M&A Summary

  • M&A Total Activity36
    • M&A Buy Activity35
    • M&A Sell Activity1
  • Total Sectors Invested 4
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 6

Applied Industrial Technologies, Inc.

1 Applied Plaza,
Cleveland, Ohio 44115
United States,
(216) 426-4000
www.applied.com

Applied Industrial Technologies, Inc. is an industrial distributor that offers more than five million parts to serve the needs of MRO and OEM customers in virtually every industry. Applied Industrial Technologies was formed in 1923 and is based in Cleveland, Ohio.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (1.0/yr) # 30 1 1 1 1 1 35
vol $249M $768M $1.0B
Sell (0.2/yr) # - - - - - 1 1
  36

Most Recent M&A

Company Date Value Type
Atlantic Fasteners, Inc. 2021-02-02 - Divestiture
Greensboro, North Carolina · www.afast.com
Gibson Engineering Co., Inc. 2021-01-05 - Add-on Acquisition
Norwood, Massachusetts · www.gibsonengineering.com
Advanced Control Solutions 2020-10-07 - Add-on Acquisition
Marietta, Georgia · www.advancedcontrolinc.com
Olympus Controls Corp. 2019-08-14 - Add-on Acquisition
Tualatin, Oregon · www.olympus-controls.com
FCX Performance, Inc. 2018-01-09 768M USD Add-on Acquisition
Columbus, Ohio · www.fcxperformance.com
Sentinel Fluid Controls 2017-03-06 - Add-on Acquisition
Indianapolis, Indiana · www.sentinelfluidcontrols.com
Seals Unlimited, Inc. 2016-06-15 - Divestiture
Hillsboro, Oregon · www.sealsunlimited.com
HUB Industrial Supply 2016-01-05 - Add-on Acquisition
Lake City, Florida · www.hubindustrial.com
S. G. Morris Co. 2015-10-02 - Add-on Acquisition
Cleveland, Ohio · www.sgmorris.com
Atlantic Fasteners, Inc. 2015-08-04 - Add-on Acquisition
Greensboro, North Carolina · www.afast.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Distribution 32 (91%) 1.0B (100%) 1 (100%) -
Automotive 1 (3%) - - -
Business Services 1 (3%) - - -
Technology Hardware 1 (3%) - - -
Total 35 $1.0B 1 -

By Geo

State/Country Buy Value Sell Value
United States 25 1.0B 1 -
  Ohio 6 768M - -
  Texas 4 - - -
  Wisconsin 2 - - -
  Oregon 2 - - -
  North Carolina 1 - 1 -
  Washington 1 - - -
  Pennsylvania 1 166M - -
  Missouri 1 - - -
  Minnesota 1 - - -
  Michigan 1 83M - -
  Massachusetts 1 - - -
  Indiana 1 - - -
  Georgia 1 - - -
  Florida 1 - - -
Canada 4 - - -
  Quebec 2 - - -
  Ontario 1 - - -
  British Columbia 1 - - -
Mexico 4 - - -
Australia 1 - - -
Puerto Rico 1 - - -
Domestic 25 (71%) 1.0B (100%) 1 (100%) -
Cross-border 10 (29%) - - -
Total 35 $1.0B 1 -

Deal Values

buy # Total
$100M to $1B 2 $934M
< $100M 1 $83M
TOTAL $1.0B
Largest FCX Performance, Inc.
$768M (2018-01-09)

M&A Connections

Deals
Acquired from
Investor(s)
3%
1 (3%)
Strategic(s)
6%
2 (6%)
Divested to
Strategic(s)
100%
1 (100%)

 Subscribe to unlock this and 163,077
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.1K Private Equity Firms
  • 152K M&A Transactions
  • 159K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.2K M&A Advisors
    (Investment Banks and Law Firms)
  • 48K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.