M&A Deal Summary

FleetPride Acquires Hardy Brake & Electric

On March 27, 2018, FleetPride acquired electrical equipment company Hardy Brake & Electric

Acquisition Highlights
  • This is FleetPride’s 1st transaction in the Electrical Equipment sector.
  • This is FleetPride’s 8th transaction in the United States.
  • This is FleetPride’s 1st transaction in Indiana.

M&A Deal Summary
Date 2018-03-27
Target Hardy Brake & Electric
Sector Electrical Equipment
Buyer(s) FleetPride
Deal Type Add-on Acquisition

Target

Hardy Brake & Electric

Evansville, Indiana, United States
Hardy Brake & Electric Co. is a manufacturer of starters, generators and magnetos. Hardy Brake & Electric was founded in 1949 and is based in Evansville, Indiana.

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Buyer(S) 1

Buyer

FleetPride

Irving, Texas, United States
Category Company
Founded 1975
Sector Distribution
DESCRIPTION

FleetPride is an independent distributor of aftermarket heavy-duty truck and trailer parts in the United States. FleetPride was founded in 1975 and is based in Irving, Texas.

DEAL STATS #
Overall 8 of 46
Sector (Electrical Equipment) 1 of 1
Type (Add-on Acquisition) 7 of 45
State (Indiana) 1 of 1
Country (United States) 8 of 46
Year (2018) 3 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-12 Jomar Investments - Road Equipment

Grand Rapids, Michigan, United States

Jomar Investments, Inc. - Road Equipment is a provider of automotive parts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-15 Ohio Diesel Fleet Supply

Youngstown, Ohio, United States

Ohio Diesel Fleet Supply, Inc. is a heavy duty truck parts and equipment distributor located in Youngstown, Ohio serving Eastern Ohio and Western Pennsylvania.

Buy -
Mergr

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