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  6. Area Access Acquires Ashley

M&A Deal Summary

Area Access Acquires Ashley

On April 30, 2014, Area Access acquired engineering company Ashley

Acquisition Highlights
  • This is Area Access’ 1st transaction in the Engineering sector.
  • This is Area Access’ 1st transaction in the United States.
  • This is Area Access’ 1st transaction in Virginia.

M&A Deal Summary
Date 2014-04-30
Target Ashley
Sector Engineering
Buyer(s) Area Access
Deal Type Add-on Acquisition
Advisor(s) Transact Capital (Financial)

Target

Ashley

Richmond, Virginia, United States
Ashley Corp. (Ashley Elevator) provides a full line of top-quality elevators and lifts to both residential and commercial customers.

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Buyer(S) 1

Buyer

Area Access

Manassas, Virginia, United States
Category Company
Founded 1983
Sector Engineering
DESCRIPTION

Area Access has supplied elevators and mobility equipment to Washington DC, Virginia, Maryland, Delaware, and Eastern North Carolina.

DEAL STATS #
Overall 1 of 1
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
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