Joliet Electric Motors - Ownership and Business Overview

Electrical EquipmentCompany

Joliet Electric Motors Ownership

Who owns Joliet Electric Motors?

Joliet Electric Motors is owned by Argosy Private Equity, Ironwood Capital and MTN Capital Partners. It was acquired on March 12, 2008.

Is Joliet Electric Motors PE-backed?

Yes. Joliet Electric Motors is owned by private equity investors Argosy Private Equity, Ironwood Capital and MTN Capital Partners.

Joliet Electric Motors Business Overview

Where is Joliet Electric Motors headquartered?

Joliet Electric Motors is headquartered in Joliet, Illinois.

What sector is Joliet Electric Motors in?

Joliet Electric Motors is an electrical equipment company.

When was Joliet Electric Motors founded?

Joliet Electric Motors was founded in 1954.

Electrical Equipment M&A Summary in 2008

Out of 60 sectors in the Mergr database, electrical equipment ranked 19 in number of deals in 2008. The largest electrical equipment acquisition in 2008 was Xantrex Technology - which was acquired by Schneider Electric SE for $500M.

Join Mergr to view all 97 acquisitions of electrical equipment companies in 2008, including 19 acquisitions by private equity firms, and 78 by strategics.

Joliet Electric Motors

Joliet Electric Motors LLC

1 Doris Avenue Suite 220,
Joliet, Illinois 60433
United States,
(800) 435-9350
www.jolietelectricmotors.com

Joliet Electric Motors is a provider of new and remanufactured AC and DC traction motors for the oil and gas drilling and exploration industries and other high power, large motor industrial applications. The Company also provides industrial motor repair services. Joliet Electric Motors was founded in 1954 and is based in Joliet, Illinois.


Company Summary

SECTOR

Electrical Equipment

Established

1954

Former Name

Joliet Equipment Corp.

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