M&A Deal Summary

Salt Bros Holdings Acquires Hales Engineering

On November 27, 2024, Salt Bros Holdings acquired engineering company Hales Engineering

Acquisition Highlights
  • This is Salt Bros Holdings’ 1st transaction in the Engineering sector.
  • This is Salt Bros Holdings’ 1st transaction in the United States.
  • This is Salt Bros Holdings’ 1st transaction in Utah.

M&A Deal Summary

Date 2024-11-27
Target Hales Engineering
Sector Engineering
Buyer(s) Salt Bros Holdings
Deal Type Add-on Acquisition
Advisor(s) Generational Equity LLC (Financial)

Target

Hales Engineering

Lehi, Utah, United States
Hales Engineering specializes in providing traffic engineering and transportation planning services to clients in the public and private sectors. Hales Engineering was founded in 2006 and is based in Lehi, Utah.

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Buyer(S) 1

Buyer

Salt Bros Holdings

Salt Lake, Utah, United States

Category Company
Founded 2023
Sector Business Services
DESCRIPTION

Salt Bros Holdings is a company that focuses on acquiring and improving small to mid-sized industrial businesses. Salt Bros Holdings was founded in 2023 and is based in Salt Lake City, Utah.


DEAL STATS #
Overall 1 of 1
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Utah) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1