Alta Equipment Group Acquires Midwest Mine Services
November 18, 2021
Alta Equipment Group Inc. agreed to acquire Midwest Mine Services LLC to expand its engineering and design capabilities within its construction business segment and broaden its aggregate-processing solutions across Alta's branch network. Midwest Mine Services, headquartered near Toledo (Northwood), Ohio, generated approximately $17 million in revenue and $1.3 million of adjusted EBITDA for the trailing twelve months ended July 2021; terms were not disclosed and the transaction was expected to close in Q4 2021.
- Buyers
- Alta Equipment Group Inc.
- Targets
- Midwest Mine Services LLC
- Industry
- Industrial Services
- Location
- Ohio, United States
- Transaction Type
- Buyout
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