Texas Motive Solutions’ assets have been acquired by OnPoint Group, LLC
October 2022 — 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.
Our role in the transaction
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.
Falar com a equipa da transação
Bryan Livingston
Oaklins Capital Alliance
Transações relacionadas
Nymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Saber maisDIGMATIX has entered Romania through the acquisition of Elian Solutions
DIGMATIX, one of the largest providers of Microsoft Business Applications solutions in the region, has acquired Elian Solutions, a Romanian Microsoft Dynamics 365 partner, together with its subsidiary Elian Development Systems. Through the acquisition, DIGMATIX expands its operations into Romania and strengthens its position as a regional leader in the implementation and development of Microsoft Business Applications solutions. The acquisition was financed by an investment from DIGMATIX’s majority shareholder, Baltic private equity fund Livonia Partners, together with financing provided by SEB Bank.
Saber maisHeka Dental has joined forces with Impilo to anchor focused buy-and-build strategy
Heka Dental, a leading Danish designer and manufacturer of premium dental treatment units, has been acquired by the Swedish private equity firm Impilo. The acquisition establishes Heka Dental as a strategic platform for consolidation in the European dental equipment market. Impilo will execute a focused buy-and-build strategy to accelerate growth and expand its footprint across Europe.
Saber mais