M&A Deal Summary

Monroe Truck Equipment Acquires Towmaster

On April 3, 2017, Monroe Truck Equipment acquired automotive company Towmaster

Acquisition Highlights
  • This is Monroe Truck Equipment’s 1st transaction in the Automotive sector.
  • This is Monroe Truck Equipment’s 1st transaction in the United States.
  • This is Monroe Truck Equipment’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2017-04-03
Target Towmaster
Sector Automotive
Buyer(s) Monroe Truck Equipment
Deal Type Add-on Acquisition

Target

Towmaster

Litchfield, Minnesota, United States
Towmaster, Inc. is a manufacturer, distributor and installer of truck equipment for the municipal and commercial markets specializing in snow and ice related equipment. Towmaster, Inc. was established in 1994 and is headquartered in Litchfield, Minnesota.

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Buyer(S) 1

Buyer

Monroe Truck Equipment

Monroe, Wisconsin, United States

Category Company
Founded 1958
Sector Automotive
DESCRIPTION

Monroe Truck Equipment specializes in the design, manufacture, distribution, and installation/upfitting of specialized truck equipment for the municipal and commercial markets. Monroe Truck Equipment was founded in 1986 and is based in Monroe, Wisconsin.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1