M&A Deal Summary

Elmore Companies Acquires Shelby Equipment

On January 1, 2007, family office Elmore Companies acquired distribution company Shelby Equipment

Acquisition Highlights
  • This is Elmore Companies’ 1st transaction in the Distribution sector.
  • This is Elmore Companies’ 9th transaction in the United States.
  • This is Elmore Companies’ 6th transaction in Indiana.

M&A Deal Summary

Date 2007-01-01
Target Shelby Equipment
Sector Distribution
Buyer(s) Elmore Companies
Deal Type Buyout (LBO, MBO, MBI)

Target

Shelby Equipment

West Harrison, Indiana, United States
Shelby Equipment specializes in telehandler and other large equipment sales, rentals, reconditioning, and parts. Shelby Equipment was founded in 1988 and is based in West Harrison, Indiana.

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Buyer(S) 1

DESCRIPTION

Elmore Companies is a Midwest US-based private investment firm focused on acquiring business-to-business services and manufacturing companies. Elmore seeks companies generating $3 to $10 million of revenue and prefers acquiring from founders. Elmore was formed in 1984 and is based in Bloomington, Indiana.


DEAL STATS #
Overall 9 of 15
Sector (Distribution) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 8 of 14
State (Indiana) 6 of 8
Country (United States) 9 of 15
Year (2007) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Butterfield Foods

Noblesville, Indiana, United States

Butterfield Foods is a producer of deli salads. Products include a variety of entrees and side dishes, soups and sauces, hand-pulled meat products, sandwiches, and salads. Butterfield Foods was founded in 1981 and is based in Noblesville, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-01 Mednick Associates

Wilton, Connecticut, United States

Mednick Associates is a medical/legal consultancy that provides expert witness search, case review, guidance, and other associated services to both plaintiff and defense law firms for any case involving a medical question. Mednick Associates was founded in 1991 and is based in Wilton, Connecticut.

Buy -