M&A Deal Summary

Remprex Acquires Technical Services International

On July 14, 2021, Remprex acquired information technology company Technical Services International from The Lanco Group

Acquisition Highlights
  • This is Remprex’s 1st transaction in the Information Technology sector.
  • This is Remprex’s 1st transaction in the United States.
  • This is Remprex’s 1st transaction in Illinois.

M&A Deal Summary

Date 2021-07-14
Target Technical Services International
Sector Information Technology
Buyer(s) Remprex
Sellers(s) The Lanco Group
Deal Type Divestiture

Target

Technical Services International

Homewood, Illinois, United States
Technical Services International provides terminal operations and access control solutions.

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Buyer(S) 1

Buyer

Remprex

Lisle, Illinois, United States

Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

Remprex provides terminal operations and access control solutions to Class I intermodal rail terminals and distribution centers across North America. Access control solutions include the installation, maintenance, and operation of automated gate systems and related technology infrastructure. Terminal operations include loading, unloading, and management of intermodal containers and automotive units. Remprex was founded in 2006 and is based in Lisle, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

The Lanco Group

Homewood, Illinois, United States

Category Company
Sector Diversified
DESCRIPTION

The Lanco Group is a diverse group of companies specializing in many disciplines: from heavy equipment manufacturing to sales and service; from facility operations to event promotions; from integrated technologies to equipment distribution. The Lanco Group is based in Homewood, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1