M&A Deal Summary

Solve Industrial Motion Group Acquires LMS Bearings

On March 14, 2017, Solve Industrial Motion Group acquired manufacturer LMS Bearings

Acquisition Highlights
  • This is Solve Industrial Motion Group’s 1st transaction in the Manufacturing sector.
  • This is Solve Industrial Motion Group’s 1st transaction in the United States.
  • This is Solve Industrial Motion Group’s 1st transaction in Colorado.

M&A Deal Summary
Date 2017-03-14
Target LMS Bearings
Sector Manufacturing
Buyer(s) Solve Industrial Motion Group
Deal Type Add-on Acquisition

Target

LMS Bearings

Lafayette, Colorado, United States
LMS Bearings, Inc. is a manufacturer of high-quality power transmission products. LMS provides a wide range of bearings and related products to a diverse customer base primarily located throughout the Western U.S. The company was founded in 1996 and is headquartered in Lafayette, Colorado.

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Buyer(S) 1

Buyer

Solve Industrial Motion Group

Charlotte, North Carolina, United States
Category Company
Founded 1994
Sector Manufacturing
DESCRIPTION

Solve Industrial Motion Group is a provider of metric and American standard power transmission products including ball bearings, mounted bearings, linear bearings, bearing housings and a variety of roller chain and belt drive components. Solve Industrial Motion Group was founded in 1994 and is based in Charlotte, North Carolina.

DEAL STATS #
Overall 1 of 3
Sector (Manufacturing) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Colorado) 1 of 1
Country (United States) 1 of 3
Year (2017) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-06 IPTCI Bearings

Chanhassen, Minnesota, United States

IPTCI Bearings specializes in the supply of mounted ball bearings to the industrial, agricultural and food and beverage industries. The Company has a trusted brand name in the industry, serving the North American market for over 45 years.

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