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  6. Beltservice Acquires Universal Belting Resource

M&A Deal Summary

Beltservice Acquires Universal Belting Resource

On July 30, 2021, Beltservice acquired distribution company Universal Belting Resource from Cumulus Companies

Acquisition Highlights
  • This is Beltservice’s 1st transaction in the Distribution sector.
  • This is Beltservice’s 1st transaction in the United States.
  • This is Beltservice’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2021-07-30
Target Universal Belting Resource
Sector Distribution
Buyer(s) Beltservice
Sellers(s) Cumulus Companies
Deal Type Divestiture

Target

Universal Belting Resource

Carmichaels, Pennsylvania, United States
Universal Belting Resource is a wholesale distributor and fabricator of lightweight belting. The company is a trusted supplier for belt distributors throughout the country. Universal Belting Resource is based in Carmichaels, Pennsylvania.

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Buyer(S) 1

Buyer

Beltservice

Earth City, Montana, United States
Category Company
Sector Business Services
DESCRIPTION

Beltservice is a value-added fabrication and wholesale distribution of conveyor belt products. Beltservice is based in Earth City, Montana.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

Cumulus Companies

Merriam, Kansas, United States
Category Company
Sector Business Services
DESCRIPTION

Cumulus Companies is a family-owned investment and management firm that acquires and supports small to mid-sized businesses in the industrial marketplace. It has established a diverse portfolio of industrial distribution and specialty manufacturing companies. Cumulus Companies is based in Merriam, Kansas.

DEAL STATS #
Overall 1 of 1
Sector: Distribution M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
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