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  6. Versalift Acquires Versalift Canada

M&A Deal Summary

Versalift Acquires Versalift Canada

On June 3, 2021, Versalift acquired machinery company Versalift Canada

Acquisition Highlights
  • This is Versalift’s 2nd transaction in the Machinery sector.
  • This is Versalift’s 1st transaction in Canada.
  • This is Versalift’s 1st transaction in Alberta.

M&A Deal Summary
Date 2021-06-03
Target Versalift Canada
Sector Machinery
Buyer(s) Versalift
Deal Type Add-on Acquisition

Target

Versalift Canada

Edmonton, Alberta, Canada
Versalift Canada is a distributor of Versalift for more than three decades. Versalift's ability to serve its customers with additional service bays, paint and body repair facilities, required dielectric testing, and various other services. As a wholly-owned Versalift distributor, Versalift Canada will continue to provide and integrate the same leading quality, service, and care for valued customers in the region. Versalift Canada is based in Edmonton, Alberta.

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Buyer(S) 1

Buyer

Versalift

Waco, Texas, United States
Category Company
Sector Manufacturing
DESCRIPTION

Versalift is a manufacturer of bucket trucks, digger derricks, aerial lifts and other specialty equipment for power generation, transmission and distribution, investor-owned utility, telecommunications, light and sign, and tree care industries. Versalift is based in Waco, Texas.

DEAL STATS #
Overall 4 of 4
Sector: Machinery M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 4
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-14 Cannon Truck Equipment

Shelby Charter Township, Michigan, United States

Cannon Truck Equipment specializes in truck customization and provides specialized services in the fields of manufacturing, sales, and parts for the trucking industry. Cannon Truck Equipment is based in Shelby Charter Township, Michigan.

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