Borgman Capital Acquires Harlo Corporation
June 3, 2025
Borgman Capital, a Milwaukee-based private investment firm, has acquired Harlo Corporation, an 88-year-old manufacturer of rough terrain forklifts headquartered in Grandville, Michigan. The transaction transfers ownership from the Crooks family to Borgman Capital; Harlo will continue to operate under its name with existing leadership and 54 employees, and will gain resources to expand capacity and product development.
- Buyers
- Borgman Capital
- Targets
- Harlo Corporation
- Sellers
- Mary Helen Crooks / Harlo family owners
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Buyout
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