Texas Motive Solutions’ assets have been acquired by OnPoint Group, LLC
The shareholders of Texas Motive Solutions, LLC (TMS) have sold the company to OnPoint Group, LLC.
Texas Motive Solutions is a fast-growing seller and distributor of forklift truck batteries and associated equipment and services. TMS operates in the four largest distribution and warehousing markets in Texas and is recognized as a best-of-breed operator in their market space. The company has blue-chip customer and vendor relationships that brought it to the attention of its competitor OnPoint Group/Concentric.
OnPoint Group is a platform company of Harvest Partners, a New York PE fund. OnPoint is focused on logistics products and services companies.
Oaklins Capital Alliance in Dallas acted as the sell-side advisor. After four years of rapid growth, the owners of TMS needed a capable back office and capital strength to continue to develop their business consistent with the opportunities they sought to address. OnPoint/Concentric approached the owners. The team in Dallas run a fast-track single-buyer process.
Prata med transaktionsteamet
Relaterade affärer
Bolster Investment Partners has acquired a majority stake in Eternal Sun
Bolster Investment Partners, a Netherlands-based investment firm, has acquired a majority stake in Eternal Sun, a global technology leader in advanced solar panel testing equipment, from ABN AMRO Sustainable Impact Fund, a private impact fund based in the Netherlands, and Vermec, a Belgium-based investment firm.
Lär dig meriwell raises US$31 million to deploy its leading European smart battery storage solutions into new markets
iwell, a developer of smart energy management (EMS) and battery storage systems (BESS), has successfully closed a US$31 million (€27 million) funding round. The round was led by Meridiam, with Invest-NL and Rabobank participating, alongside existing investors.
Lär dig merLe Cercle has successfully completed its primary LBO in partnership with FrenchFood Capital and Bpifrance
Le Cercle, a pioneer in reusable meal trays and a leading catering company in the Île-de-France region, is entering a new phase of development with an investment from FrenchFood Capital and the support of Bpifrance. This transaction also marks the appointment of Nathalie Grand-Morin, currently managing director, as the new CEO of the company.
Lär dig mer