1. Home >
  2. M&A >
  3. Add-on Acquisition >
  4. United States >
  5. Illinois >
  6. Pettibone Acquires Spartan Tool

M&A Deal Summary

Pettibone Acquires Spartan Tool

On January 1, 1979, Pettibone acquired manufacturer Spartan Tool

Acquisition Highlights
  • This is Pettibone’s 1st transaction in the Manufacturing sector.
  • This is Pettibone’s 1st transaction in the United States.
  • This is Pettibone’s 1st transaction in Illinois.

M&A Deal Summary
Date 1979-01-01
Target Spartan Tool
Sector Manufacturing
Buyer(s) Pettibone
Deal Type Add-on Acquisition

Target

Spartan Tool

Mendota, Illinois, United States
Spartan Tool has been manufacturing sewer and drain cleaning equipment for the professional user. Originally located in Chicago, Spartan moved to its current headquarters location of Mendota, Illinois in the 1950s. Though there were a few ownership changes in its early years, since 1978 Spartan has been part of the Heico Holding, Inc. family of companies, a multi-billion dollar privately held manufacturing concern based in the Chicago area. With facilities and clients all over the world, the depth of talent and financial resources of Heico has enabled Spartan to grow and prosper throughout its long history.

Search 214,981 Deals Now

SEARCH BY

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

Try Free

Buyer(S) 1

Buyer

Pettibone

Downers Grove, Illinois, United States
Category Company
Sector Manufacturing
DESCRIPTION

Pettibone is the parent of many independent operating companies which produce a wide array of equipment and products. The independent business concept fosters entrepreneurship and growth. It is consistent with our philosophy of developing a close customer contact to provide prompt, responsive service and to meet our customer's changing needs. Pettibone is based in Downers Grove, Illinois.

DEAL STATS #
Overall 1 of 10
Sector: Manufacturing M&A 1 of 7
Type: Add-on Acquisition M&A Deals 1 of 10
State: Illinois M&A 1 of 3
Country: United States M&A 1 of 9
Year: 1979 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1988-01-01 Barko Hydraulics

Superior, Wisconsin, United States

BARKO HYDRAULICS, LLC is a manufacturer of material handling loaders and mobile site preparation equipment. Many of Barko’s innovations have become industry standards, and Barko’s products continues to lead the industry in high productivity and low fuel consumption. Today, Barko Hydraulics manufactures and markets a broad line of equipment for the forestry, scrap, construction and industrial industries worldwide.

Buy -
Mergr

Solution for

Product

Company

Legal