M&A Deal Summary

GreasePoint Acquires Lubromation

On October 2, 2023, GreasePoint acquired machinery company Lubromation

Acquisition Highlights
  • This is GreasePoint’s 1st transaction in the Machinery sector.
  • This is GreasePoint’s 1st transaction in the United States.
  • This is GreasePoint’s 1st transaction in North Carolina.

M&A Deal Summary

Date 2023-10-02
Target Lubromation
Sector Machinery
Buyer(s) GreasePoint
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

Lubromation

Charlotte, North Carolina, United States
Lubromation offers access to food grade equipment and grease for the food industry. Lubromation was founded in 1960 and is based in Charlotte, North Carolina.

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Buyer(S) 1

Buyer

GreasePoint

York, Pennsylvania, United States

Category Company
Sector Machinery
DESCRIPTION

GreasePoint provides engineered & protected lubrication solutions and services including installation, training, warranty, and routine inspection and repair for the life of the machine. GreasePoint is based in York, Pennsylvania.


DEAL STATS #
Overall 1 of 1
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1