M&A Deal Summary

ECM Industries Acquires Progressive Industries

On April 12, 2017, ECM Industries acquired electrical equipment company Progressive Industries

Acquisition Highlights
  • This is ECM Industries’ 3rd transaction in the Electrical Equipment sector.
  • This is ECM Industries’ 4th transaction in the United States.
  • This is ECM Industries’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2017-04-12
Target Progressive Industries
Sector Electrical Equipment
Buyer(s) ECM Industries
Deal Type Add-on Acquisition

Target

Progressive Industries

Apex, North Carolina, United States
Progressive Industries is a designer and manufacturer of surge protection equipment, adapters, and connectors for the RV industry. Progressive Industries was founded in 1999 and is headquartered in Apex, North Carolina.

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Buyer(S) 1

Buyer

ECM Industries

New Berlin, Wisconsin, United States
Category Company
Sector Electrical Equipment
Revenue 415M USD (2023)
DESCRIPTION

ECM Industries is a manufacturer and supplier of electrical products for construction, maintenance, lighting, irrigation, landscape supply, and gas utility markets. ECM Industries is based in New Berlin, Wisconsin.

DEAL STATS #
Overall 4 of 8
Sector (Electrical Equipment) 3 of 7
Type (Add-on Acquisition) 4 of 8
State (North Carolina) 1 of 1
Country (United States) 4 of 8
Year (2017) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-15 Lenco Marine

Stuart, Florida, United States

Lenco Marine is a manufacturer of trim tabs, electric actuators, hatch lifts, accessories, and the AutoGlide automatic trim tab control system. Lenco Marine was founded in 1986 and is headquartered in Stuart, Florida.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-13 Bergen Industries

Las Vegas, Nevada, United States

Bergen Industries, Inc. is a provider in the design and manufacture of construction and maintenance lighting and electrical products. Bergen Industries, Inc. was established in 1973 and is based in Las Vegas, Nevada.

Buy -
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