M&A Deal Summary

Engineered Transportation International Acquires Polar

On March 19, 2018, Engineered Transportation International acquired manufacturer Polar from Questor Management

Acquisition Highlights
  • This is Engineered Transportation International’s 1st transaction in the Manufacturing sector.
  • This is Engineered Transportation International’s 1st transaction in the United States.
  • This is Engineered Transportation International’s 1st transaction in California.

M&A Deal Summary

Date 2018-03-19
Target Polar
Sector Manufacturing
Buyer(s) Engineered Transportation International
Sellers(s) Questor Management
Deal Type Add-on Acquisition

Target

Polar

Montebello, California, United States
Polar Corp. is a production of liquid and dry bulk over-the-road tank trailers, operating three divisions which provide new equipment, service, and parts to the heavy and light weight trailer industry.

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Buyer(S) 1

Buyer

Engineered Transportation International

Athens, Tennessee, United States

Category Company
Sector Manufacturing
Employees2,200
Revenue 585M USD (2017)
DESCRIPTION

Engineered Transportation International is a manufacturer of a diverse set of trailerized transportation and energy products sold under well-recognized brand names including Heil Trailer, Polar, Kalyn Siebert, Jarco, and SERVA, among others. Products include aluminum and stainless steel tank trailers, specialty trailers, and oil & gas stimulation and completion equipment. In addition, the company operates the largest independent national network of tank trailer service and parts centers under the PSC (Polar Service Centers) brand name. Engineered Transportation International is based in Athens, Tennessee.


DEAL STATS #
Overall 1 of 1
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1

Seller(S) 1

SELLER

Questor Management

Birmingham, Michigan, United States

Category Private Equity Firm
Founded 1995
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Questor Management Company is a private investment firm focused on funding turnarounds or distressed situations. Questor is a generalist investor, and will consider opportunities in a range of industries. Questor was formed in 1995 and is based in Southfield, Michigan.


DEAL STATS #
Overall 3 of 3
Sector: Manufacturing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 3 of 3
Year: 2018 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-21 Chef Solutions

Wheeling, Illinois, United States

Chef Solutions, Inc. is a manufacturer of prepared foods and bakery products.

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