SBP Holdings Acquires Watts Steam Store

December 1, 2021

SBP Holdings acquired Watts Steam Store and subsidiaries effective December 1, 2021; the business will operate inside SBP's Dakota Fluid Power fluid power & automation platform. Watts Steam Store (founded by Tracy and Stanley Watts) operates three locations in Twin Falls and Idaho Falls, Idaho, and Ogden, Utah and has approximately 35 employees; the deal expands SBP's North American footprint and fluid power capabilities.

Buyers
SBP Holdings
Targets
Watts Steam Store
Sellers
Tracy Watts, Stanley Watts
Platforms
Dakota Fluid Power
Location
Idaho, United States
Transaction Type
Addon

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