Magnetech Industrial Services Acquires Southern Industrial Sales and Services

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

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)

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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Massillon, Ohio, United States

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

DEAL STATS	#
Overall	1 of 1
Sector: Automotive M&A	1 of 1
Type: Add-on Acquisition M&A Deals	1 of 1
State: Georgia M&A	1 of 1
Country: United States M&A	1 of 1
Year: 2015 M&A	1 of 1