M&A Deal Summary

OTC Industrial Technologies Acquires Keller Electrical Industries

On December 16, 2019, OTC Industrial Technologies acquired electrical equipment company Keller Electrical Industries

Acquisition Highlights
  • This is OTC Industrial Technologies’ 2nd transaction in the Electrical Equipment sector.
  • This is OTC Industrial Technologies’ 19th transaction in the United States.
  • This is OTC Industrial Technologies’ 1st transaction in Arizona.

M&A Deal Summary
Date 2019-12-16
Target Keller Electrical Industries
Sector Electrical Equipment
Buyer(s) OTC Industrial Technologies
Deal Type Add-on Acquisition
Advisor(s) D.A. Davidson (Financial)

Target

Keller Electrical Industries

Phoenix, Arizona, United States
Keller Electrical Industries, Inc. is a provider of industrial electrical services, equipment, components, and supplies serving the Southwest United States. Keller's wide range of technical services includes electric motor repair, custom motor control manufacturing, electrical construction, electrical design and a vast array of field services.

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Buyer(S) 1

Buyer

OTC Industrial Technologies

Columbus, Ohio, United States
Category Company
Founded 1963
Sector Distribution
DESCRIPTION

OTC Industrial Technologies is an industrial equipment service provider and distributor of highly engineered products including motion control, pumps, finishing products, robotics, motors and air compressors. OTC serves over 13,000 customers across diverse end-markets, providing highly technical sales consultation and aftermarket repair and services. OTC Industrial Technologies was founded in 1963 and is based in Columbus, Ohio.

DEAL STATS #
Overall 19 of 21
Sector (Electrical Equipment) 2 of 3
Type (Add-on Acquisition) 19 of 21
State (Arizona) 1 of 2
Country (United States) 19 of 21
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-06 Crimson Electric

Duncan, South Carolina, United States

Crimson Electric is an operator of electrical apparatus service centers in the Carolinas. The company specializes in the repair and testing of AC/DC motors, servo motors, pumps and gear reducers. Headquartered in Duncan, S.C., between Greenville and Spartanburg, the company’s facility includes state-of-the-art equipment for the comprehensive repair, engineering and testing of equipment.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-21 Laron

Kingman, Arizona, United States

Laron, Inc. is a provider of machining, fabrication, millwright services, electrical equipment repair, and predictive maintenance services. Laron was founded in 1975 and is based in Kingman, Arizona.

Buy -
Mergr

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