M&A Deal Summary

Magnetech Industrial Services Acquires Southern Industrial Sales and Services

On May 21, 2015, Magnetech Industrial Services acquired automotive company Southern Industrial Sales and Services

Acquisition Highlights
  • This is Magnetech Industrial Services’ 1st transaction in the Automotive sector.
  • This is Magnetech Industrial Services’ 1st transaction in the United States.
  • This is Magnetech Industrial Services’ 1st transaction in Georgia.

M&A Deal Summary
Date 2015-05-21
Target Southern Industrial Sales and Services
Sector Automotive
Buyer(s) Magnetech Industrial Services
Deal Type Add-on Acquisition
Advisor(s) Bundy Group (Financial)

Target

Southern Industrial Sales and Services

Columbus, Georgia, United States
Southern Industrial Sales and Services, Inc. (dba Southern Rewinding and Sales) is a motor repair and related field services company.

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Buyer(S) 1

Buyer

Magnetech Industrial Services

Massillon, Ohio, United States
Category Company
Founded 2000
Sector Automotive
DESCRIPTION

Magnetech Industrial Services, Inc. (dba Visalia Electric Motor Service) is a provider of automotive repair services.

DEAL STATS #
Overall 1 of 1
Sector (Automotive) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Georgia) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
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