M&A Deal Summary

Atlas Copco Acquires Powerhouse Equipment & Engineering

On June 19, 2019, Atlas Copco acquired business services company Powerhouse Equipment & Engineering

Acquisition Highlights
  • This is Atlas Copco’s 5th transaction in the Business Services sector.
  • This is Atlas Copco’s 25th transaction in the United States.
  • This is Atlas Copco’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2019-06-19
Target Powerhouse Equipment & Engineering
Sector Business Services
Buyer(s) Atlas Copco
Deal Type Add-on Acquisition

Target

Powerhouse Equipment & Engineering

Delanco, New Jersey, United States
Powerhouse Equipment & Engineering Co., Inc. is a provider of rental boiler equipment, custom engineered and purpose-built for your short or long term steam and hot water needs. Powerhouse Equipment & Engineering Co., Inc. was founded in 1982 and is based in Delanco, New Jersey.

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Buyer(S) 1

Buyer

Atlas Copco

Nacka, Sweden
Category Company
Founded 1873
Sector Machinery
Employees53,728
Revenue 172.7B SEK (2023)
DESCRIPTION
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.
Entrance to an Atlas Copco facility in Rock Hill, South Carolina.

Atlas Copco is a diversified industrial group. The Company is a manufacturer of compressors, expanders and air treatment systems, construction and mining equipment, power tools, and assembly systems. Atlas Copco was founded in 1873 and is based in Nacka, Sweden.

DEAL STATS #
Overall 109 of 176
Sector (Business Services) 5 of 11
Type (Add-on Acquisition) 80 of 142
State (New Jersey) 1 of 1
Country (United States) 25 of 44
Year (2019) 5 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-17 Taylor Air Center

Whitehall, Pennsylvania, United States

Taylor Air Center is a supplier of compressed air system equipment. The company provides high-quality air compressors, system components, parts and service, and value-added services to enhance efficiency and productivity.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-02 MGES

Houston, Texas, United States

MGES Inc. is a service supplier of medical gas solutions including distribution and service of medical gas systems. The company services, sells and completes small installations of piped medical gas equipment, which includes medical air systems, vacuum systems, pipeline equipment and laboratory equipment.

Buy -
Mergr

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