SBP Holdings Acquires Watts Steam Store
December 1, 2021
SBP Holdings acquired Watts Steam Store and subsidiaries effective December 1, 2021; the business will operate inside SBP's Dakota Fluid Power fluid power & automation platform. Watts Steam Store (founded by Tracy and Stanley Watts) operates three locations in Twin Falls and Idaho Falls, Idaho, and Ogden, Utah and has approximately 35 employees; the deal expands SBP's North American footprint and fluid power capabilities.
- Buyers
- SBP Holdings
- Targets
- Watts Steam Store
- Sellers
- Tracy Watts, Stanley Watts
- Platforms
- Dakota Fluid Power
- Industry
- Industrial Services
- Location
- Idaho, United States
- Transaction Type
- Addon
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