Add-on Acquisition • Construction

Minnick Services Acquires Norwalk Tank Co.

On December 12, 2019, Minnick Services acquired construction company Norwalk Tank Co.

Acquisition Context
  • This is Minnick Services’ 1st transaction in the Construction sector.
  • This is Minnick Services’ 1st transaction in the United States.
  • This is Minnick Services’ 1st transaction in Illinois.

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M&A Deal Summary

Date December 12, 2019
Target Norwalk Tank Co.
Sector Construction
Buyer(s) Minnick Services
Deal Type Add-on Acquisition
Advisor(s) Generational Group (Financial)

Target Company

Norwalk Tank Co.

Joliet, Illinois, United States
Norwalk Tank Co. provides manholes, flared end sections, septic tanks, home sewage treatment systems, catch basins, and grease traps. Norwalk customers include those in the residential, commercial/industrial, wholesale, strip mall and fast-food restaurant sectors. Norwalk Tank Co. was founded in 1961 and is based in Joliet, Illinois.
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Buyer Overview 1

Buyer

Minnick Services

Fort Wayne, Indiana, United States

Category Company
Founded 1948
Sector Construction
DESCRIPTION

Minnick Services Corp. provides three distinct divisions: precast concrete manufacturing, funeral services, and pet memorializing services. Minnick Services Corp. was founded in 1948 and is based in Fort Wayne, Indiana.


Deal Context for Buyer #
Overall 1 of 1
Sector: Construction 1 of 1
Type: Add-on Acquisition 1 of 1
State: Illinois 1 of 1
Country: United States 1 of 1
Year: 2019 1 of 1