Add-on Acquisition • Automotive

Quala Acquires Southern Tank

On June 14, 2022, Quala acquired automotive company Southern Tank

Acquisition Context

This is Quala’s 2nd transaction in the Automotive sector.
This is Quala’s 25th transaction in the United States.
This is Quala’s 1st transaction in Florida.

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M&A Deal Summary
Date	June 14, 2022
Target	Southern Tank
Sector	Automotive
Buyer(s)	Quala
Deal Type	Add-on Acquisition

Target Company

Southern Tank

Jacksonville, Florida, United States

Southern Tank is a full-service tank cleaning, terminaling, testing, and repair facility, based in Jacksonville, Florida.

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Buyer Overview 1

Buyer

Quala

Tampa, Florida, United States

Category	Company
Founded	1986
Sector	Business Services

DESCRIPTION

Quala is a provider of tank cleaning services to the bulk transportation industry. Quala operates strategically located tank wash facilities across the US. Quala was founded in 1986 and is based in Tampa, Florida.

Deal Context for Buyer	#
Overall	25 of 25
Sector: Automotive	2 of 2
Type: Add-on Acquisition	24 of 24
State: Florida	1 of 1
Country: United States	25 of 25
Year: 2022	3 of 3

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2022-06-14	TTI Tulare, California, United States TTI is a provider of comprehensive cleaning, test, and repair services for tank trailers. TTI was founded in and is based in Tulare, California.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2022-06-14

TTI

Tulare, California, United States

TTI is a provider of comprehensive cleaning, test, and repair services for tank trailers. TTI was founded in and is based in Tulare, California.

Buy

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