ROMCO Equipment Co. (SMT) Acquires Sierra Machinery Inc.
July 25, 2023
ROMCO Equipment Co., a division of SMT, has acquired Sierra Machinery Inc., a full-service distributor of construction, mining, and industrial equipment with two locations in El Paso, Texas and Artesia, New Mexico. The acquisition (closed July 25, 2023) expands ROMCO/SMT’s footprint in the U.S. Southwest and preserves Sierra’s leadership and local operations under continuing management.
- Buyers
- ROMCO Equipment Co., SMT
- Targets
- Sierra Machinery Inc.
- Industry
- Industrial Services
- Location
- Texas, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Arcline Investment Management Acquires Rotating Machinery Services, Inc.
January 9, 2025
Industrial Services
Arcline Investment Management, a growth-oriented private equity firm, has acquired Rotating Machinery Services, Inc. (RMS), an OEM and leading third-party provider of parts, repair, engineering, metrology and maintenance services for turbomachinery. RMS is headquartered in Bethlehem, Pennsylvania, operates nine facilities, and will partner with Arcline and its management team to pursue growth in aftermarket turbomachinery services.
-
Alamo Group Acquires Royal Truck & Equipment
October 10, 2023
Manufacturing
Alamo Group Inc. acquired 100% of the outstanding equity of Royal Truck & Equipment, a Shoemakersville, Pennsylvania-based manufacturer of truck-mounted highway attenuator trucks and other highway safety equipment. The acquisition adds a new platform for Alamo in the highway safety equipment market and is expected to accelerate Royal Truck's growth amid increased government infrastructure spending.
-
Superior Industries Acquires CEMCO
August 18, 2023
Manufacturing
Superior Industries has agreed to acquire CEMCO, a VSI crusher manufacturer headquartered in Belen, New Mexico. The deal adds a 140,000-sq.-ft. manufacturing facility and dozens of experienced employees to Superior's portfolio, expanding its product offering for aggregates, recycling, mining and energy markets.
-
Mellott Acquires Southern Machinery
May 4, 2023
Engineering Services
Mellott has acquired Southern Machinery, a Tennessee-based engineering and material-processing systems firm founded in 1958. The deal expands Mellott’s engineering, inventory, sales and service capabilities to better serve the aggregates and related industries.
-
SMT Acquires Texas-Based ROMCO Equipment Co.
March 9, 2022
Industrial Services
Brussels-based SMT has acquired ROMCO Equipment Co. (ROMCO, Inc.), a Dallas-headquartered, family-owned Volvo construction equipment distributor, in a transaction that closed on March 9, 2022. The deal transfers ROMCO's twelve Texas locations and ~290 employees to SMT as the company expands into the U.S. market and plans investments in rental activities, technical upgrades, and employee development.
-
Cortec Group Acquires Rotating Machinery Services
June 1, 2019
Industrial Services
Cortec Group, through Cortec Fund VI in partnership with RMS management, acquired Rotating Machinery Services (RMS), a Bethlehem, Pennsylvania-based provider of aftermarket repair, maintenance and overhaul services for large rotating machinery. The seller was Incline Equity Partners, which had been the prior institutional investor since 2015; RMS has ~200 employees, multiple service locations (including Houston), and serves a global customer base across industrial end markets.
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.