M&A Deal Summary

Alta Equipment Group Acquires Gibson Machinery

On September 2, 2021, Alta Equipment Group acquired automotive company Gibson Machinery

Acquisition Highlights
  • This is Alta Equipment Group’s 1st transaction in the Automotive sector.
  • This is Alta Equipment Group’s 6th transaction in the United States.
  • This is Alta Equipment Group’s 1st transaction in Ohio.

M&A Deal Summary
Date 2021-09-02
Target Gibson Machinery
Sector Automotive
Buyer(s) Alta Equipment Group
Deal Type Add-on Acquisition
Advisor(s) MelCap Partners (Financial)

Target

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.

Search 201,292 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
Category Company
Founded 1984
Sector Business Services
Employees3,000
Revenue 1.9B USD (2023)
DESCRIPTION

Alta Equipment Group owns and operates equipment dealership platforms. 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 6 of 13
Sector (Automotive) 1 of 2
Type (Add-on Acquisition) 6 of 13
State (Ohio) 1 of 3
Country (United States) 6 of 11
Year (2021) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-01 Baron Industries

Wilmington, Massachusetts, United States

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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-18 Midwest Mine Services

Northwood, Ohio, United States

Midwest Mine Services is designs, fabricates, and installs full aggregate processing plants for quarries, mines and recycling operations. Midwest Mine Services is based in Northwood, Ohio.

Buy -
Mergr

Product

Company

Legal