Go to deals
Private Equity | Logistics

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.

Service
M&A sell-side
Parties

Talk to the deal team

 Bradley S. Buttermore

Bradley S. Buttermore

Managing Partner
Dallas, United States
Oaklins Capital Alliance
 Bryan  Livingston

Bryan Livingston

Managing Partner
Dallas, United States
Oaklins Capital Alliance

Related deals

Naish has been acquired by Kubus Sports
Private Equity | Consumer & Retail

Naish has been acquired by Kubus Sports

Kubus Sports has acquired Naish.

Learn more
Lexzau, Scharbau GmbH & Co. KG has acquired Grupo Empresarial Coltrans S.A.S.
Logistics

Lexzau, Scharbau GmbH & Co. KG has acquired Grupo Empresarial Coltrans S.A.S.

For more than 30 years, Grupo Empresarial Coltrans S.A.S has been part of Leschaco Group’s agent network. With this acquisition, Coltrans becomes part of the group.

Learn more
IJssel Technologie agrees to sell the company to Argos Wityu
Private Equity | Business Support Services

IJssel Technologie agrees to sell the company to Argos Wityu

The shareholders of IJssel Technologie have agreed to sell a majority stake in the company to Argos Wityu. By partnering with Argos Wityu, IJssel Technologie welcomes a strong new shareholder that will help strengthen the company’s market-leading position and together will further improve IJssel Technologie’s service offering to address the relevant macro-economic developments, including the trend toward sustainable and smart industries.

Learn more