M&A Deal Summary

Broco-Rankin Acquires Ready Welder

On October 2, 2024, Broco-Rankin acquired electrical equipment company Ready Welder

Acquisition Highlights
  • This is Broco-Rankin’s 1st transaction in the Electrical Equipment sector.
  • This is Broco-Rankin’s 2nd transaction in the United States.
  • This is Broco-Rankin’s 1st transaction in California.

M&A Deal Summary
Date 2024-10-02
Target Ready Welder
Sector Electrical Equipment
Buyer(s) Broco-Rankin
Deal Type Add-on Acquisition

Target

Ready Welder

Wilmington, California, United States
Ready Welder is a manufacturer of fine portable welders. Ready Welder was founded in 1997 and is based in Wilmington, California.

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Buyer(S) 1

Buyer

Broco-Rankin

Ontario, California, United States
Category Company
Sector Electrical Equipment
DESCRIPTION

Broco is an underwater cutting and welding tool company and Rankin Industries is a manufacturer of hard-facing products, specialty alloys, and security cabinets & containers. The Company also manufactures a variety of other products for use in welding, cutting, hard facing, and security purposes. Broco is based in Ontario, California.

DEAL STATS #
Overall 2 of 2
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (California) 1 of 1
Country (United States) 2 of 2
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-02-26 Chamberlain Security

Oak Brook, Illinois, United States

Chamberlain Security is a manufacturer of high security components designed to protect the contents of safes, filing cabinets and ATMs. Chamberlain Security is based in Oak Brook, Illinois.

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