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  6. Quala Acquires Southern Tank

M&A Deal Summary

Quala Acquires Southern Tank

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2022-06-14
Target Southern Tank
Sector Automotive
Buyer(s) Quala
Deal Type Add-on Acquisition

Target

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(S) 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 STATS #
Overall 25 of 25
Sector: Automotive M&A 2 of 2
Type: Add-on Acquisition M&A Deals 24 of 24
State: Florida M&A 1 of 1
Country: United States M&A 25 of 25
Year: 2022 M&A 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.

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