M&A Deal Summary

Purvis Industries Acquires Acadiana Bearing Co.

On November 3, 2015, Purvis Industries acquired distribution company Acadiana Bearing Co.

Acquisition Highlights
  • This is Purvis Industries’ 2nd transaction in the Distribution sector.
  • This is Purvis Industries’ 2nd transaction in the United States.
  • This is Purvis Industries’ 1st transaction in Louisiana.

M&A Deal Summary

Date 2015-11-03
Target Acadiana Bearing Co.
Sector Distribution
Buyer(s) Purvis Industries
Deal Type Add-on Acquisition

Target

Acadiana Bearing Co.

Lafayette, Louisiana, United States
Acadiana Bearing Co., Inc. is a distributor of power transmission equipment. Acadiana Bearing Co., Inc. is based in Lafayette, Louisiana.

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Buyer(S) 1

Buyer

Purvis Industries

Dallas, Texas, United States

Category Company
Founded 1945
Sector Distribution
DESCRIPTION

Purvis Industries Ltd. is a bearing, power transmission, electrical control and belting services distributor. Purvis Industries Ltd. was founded in 1945 and is based in Dallas, Texas.


DEAL STATS #
Overall 2 of 4
Sector: Distribution M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 3
State: Louisiana M&A 1 of 1
Country: United States M&A 2 of 4
Year: 2015 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-06 Animas Bearing & Oilfield Supply

Farmington, New Mexico, United States

Animas Bearing & Oilfield Supply, Inc. is a distributor of electrical control and belting services for agricultural, industrial and energy customer. Animas Bearing & Oilfield Supply, Inc. was founded in 1993 and is based in Farmington, New Mexico.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-19 Kinder Morgan Engineering & Conveying

Houston, Texas, United States

Kinder Morgan Engineering & Conveying is a designer and fabricator of bulk material systems and solutions.

Buy -