Motion Industries, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Motion Industries, Inc. is a distributor of industrial parts and equipment. It offers abrasives; adhesives, sealants, and tapes; bearings; chemicals, lubricants, and equipment; cutting tools; electric motors and controls; facility maintenance products; hand and power tools; hoses and fittings; hydraulics; janitorial products; linear motion products; material handling equipment; mechanical power transmission systems; pneumatics; process pumps; safety products; and seals, gaskets, and accessories. The company operates in the maintenance, repair, and operating (MRO) replacement parts market, as well as in the original equipment manufacturer (OEM) market. Motion Industries, Inc. was founded in 1946. Motion Industries, Inc. headquarters are located in Birmingham, Alabama. Motion Industries, Inc. was formerly known as Owen-Richards Company, Inc.
Keywords
Keywords
Classified
Private