M&A Deal Summary

Concentric Acquires Southern States

On February 4, 2021, Concentric acquired manufacturer Southern States

Acquisition Highlights
  • This is Concentric’s 1st transaction in the Manufacturing sector.
  • This is Concentric’s 1st transaction in the United States.
  • This is Concentric’s 1st transaction in Georgia.

M&A Deal Summary

Date 2021-02-04
Target Southern States
Sector Manufacturing
Buyer(s) Concentric
Deal Type Add-on Acquisition

Target

Southern States

Hampton, Georgia, United States
Southern States, Inc. is a provider of forklift power, docks, doors, racking, storage and other warehouse equipment needs. Southern States was founded in 1916 and is based in Hampton, Georgia.

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Buyer(S) 1

Buyer

Concentric

Carrollton, Texas, United States

Category Company
Founded 2000
Sector Electrical Equipment
DESCRIPTION

Concentric is a DC power management and on-site maintenance for the material handling and critical power industries. Concentric was founded in 2000 and is based in Carrollton, Texas.


DEAL STATS #
Overall 1 of 11
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 11
State (Georgia) 1 of 1
Country (United States) 1 of 11
Year (2021) 1 of 4
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-11 Stangco Industrial Equipment

Santa Ana, California, United States

Stangco Industrial Equipment offers all battery needs for industrial machinery for the Inland Empire. Stangco is providing expertise, insight, and solutions for all industrial and ground support battery and charger requirements. Stangco Industrial Equipment is based in Santa Ana, California.

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