M&A Deal Summary

Lane Industrial Supply Acquires Compressed Air Technologies

On December 12, 2019, Lane Industrial Supply acquired distribution company Compressed Air Technologies

Acquisition Highlights
  • This is Lane Industrial Supply’s 1st transaction in the Distribution sector.
  • This is Lane Industrial Supply’s 1st transaction in the United States.
  • This is Lane Industrial Supply’s 1st transaction in Ohio.

M&A Deal Summary

Date 2019-12-12
Target Compressed Air Technologies
Sector Distribution
Buyer(s) Lane Industrial Supply
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

Compressed Air Technologies

Monroe, Ohio, United States
Compressed Air Technologies, Inc. sells and services air compressors for commercial and industrial businesses. CAT is a certified Kaeser distributor providing service, sales and rentals across Ohio, Kentucky, and Indiana. Compressed Air Technologies, Inc. is based in Monroe, Ohio.

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Buyer(S) 1

Buyer

Lane Industrial Supply

Denver, Colorado, United States

Category Company
Founded 1955
Sector Distribution
DESCRIPTION

Lane Industrial Supply Co. is a customer-driven company, specializing in the wholesale distribution of trusted supply brands for a wide range of industries, including manufacturing, construction, metal fabrication, millwork and more. Lane Industrial Supply Co. was founded in 1955 and is based in Denver, Colorado.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ohio) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1