Aebi Schmidt Group Acquires Monroe Truck Equipment from Industrial Opportunity Partners
November 17, 2021
Aebi Schmidt Group agreed to acquire Monroe Truck Equipment, a U.S.-based manufacturer and upfitter of municipal and commercial truck equipment, from private equity owner Industrial Opportunity Partners. D.A. Davidson served as financial advisor to Monroe; the deal (expected to close around end of 2021) gives Aebi Schmidt U.S. upfitting centers, nationwide distribution and cross-sell opportunities while Monroe gains access to Aebi Schmidt's global technologies and resources.
- Buyers
- Aebi Schmidt Group
- Targets
- Monroe Truck Equipment
- Sellers
- Industrial Opportunity Partners
- Industry
- Industrial Services
- Location
- Wisconsin, United States
- Transaction Type
- Buyout
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