M&A Deal Summary

Echelon Supply and Service Acquires HosePower Canada

On July 21, 2021, Echelon Supply and Service acquired distribution company HosePower Canada

Acquisition Highlights
  • This is Echelon Supply and Service’s 1st transaction in the Distribution sector.
  • This is Echelon Supply and Service’s 1st transaction in Canada.
  • This is Echelon Supply and Service’s 1st transaction in Ontario.

M&A Deal Summary
Date 2021-07-21
Target HosePower Canada
Sector Distribution
Buyer(s) Echelon Supply and Service
Deal Type Add-on Acquisition
Advisor(s) CIBC Capital Markets (Financial)
Fogler, Rubinoff (Legal)

Target

HosePower Canada

Whitby, Ontario, Canada
HosePower Canada is a distributor of hydraulic, industrial, and propane hose, fittings, and accessories. The Company has six locations across Canada and serves more than 3,000 customers across a variety of end markets including forestry, mining, construction, agricultural, and diversified industrials. HosePower Canada is based in Whitby, Ontario.

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Buyer(S) 1

Buyer

Echelon Supply and Service

Liverpool, New York, United States
Category Company
Founded 1976
Sector Manufacturing
DESCRIPTION

Echelon Supply and Service is an assembler and supplier of industrial and hydraulic hose and hose accessories, as well as a variety of other industrial products. Echelon’s products are used in a variety of end-markets, including oil and gas, agriculture, mining, construction, marine, chemical, food, commercial and government. Echelon Supply and Service was founded in 1976 and is based in Liverpool, New York.

DEAL STATS #
Overall 1 of 3
Sector (Distribution) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-07 All-Serv Industrial

Sulphur, Louisiana, United States

All-Serv Industrial is a provider of hose and hose-related accessories for environmental remediation, industrial cleaning and other needs of the refinery and petrochemical market. All-Serv Industrial is based in in Sulphur, Louisiana.

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Mergr

Product

Company

Legal