Morwest Group Acquires Advance Equipment Company
April 30, 2020
Morwest Group of Companies, through its subsidiary Advance Triwest Equipment, Ltd., acquired Advance Equipment Company, a Saint Paul-based tower crane, hoist and concrete pump rental and service business, effective April 30, 2020. The deal expands Morwest’s equipment portfolio and service area across North America by integrating two family-owned construction equipment rental businesses.
- Buyers
- Morwest Group of Companies, Advance Triwest Equipment, Ltd.
- Targets
- Advance Equipment Company
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Transaction Type
- Buyout
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