ACT Capital Advisors is pleased to announce the acquisition of Northend Truck Equipment Inc by OSW Equipment & Repair LLC of Snohomish, WA. The transaction was led by Michael Vanderslice, Managing Director, of ACT’s Seattle Office. ACT served as the exclusive advisor to Northend Truck Equipment.
“The transaction allowed our client to transition into another chapter of life, freeing up time to pursue other personal and business interests. It also brings the acquirer, OSW Equipment & Repair, into another niche in the work truck body industry in which it was already a leader. “As in all good deals, both organizations emerge winners” observes Michael Vanderslice, ACT Team Leader.
About Northend Truck Equipment
Northend Truck Equipment Inc, based in Marysville, WA, is a custom manufacturer and equipment up fitter of dump trucks, service trucks, snow plow and cranes for end users in the Pacific Northwest. Over its thirty five year history NTE grew to become the largest company in the Northwest in its specialized area. Greg Stewart, founder of NTE, comments “It is great to see the Northend Truck team recognized for their hard work and dedication to delivering value to the customer every day.”
He also adds: “Mike Vanderslice and his group at ACT Capital Advisors have been great to work in this process.”
For more information see: www.northendtruck.com.
About OSW Equipment & Repair
Founded in 2000, OSW Equipment & Repair has grown into one of the largest manufacturers of dump truck bodies and trailers on the West Coast. The Northend Truck acquisition expands OSW’s manufacturing and up fitting capabilities while also expanding its presence in new end user markets. Jay DeNoma, President of OSW, comments: “We’ve known and respected Northend Truck for many years and have always known that our companies belonged together. It’s great to get this done.” For more information see www.oswequipment.com.
About ACT Capital AdvisorsACT Capital Advisors is a leading, independent lower-middle market advisor with over 30 years of excellence serving clients in the Northwest and Nationally. It is focused exclusively on the lower-middle market, advising clients on sell-side transactions, acquisitions, and capital sourcing. The firm’s unique understanding of private company owners’ objectives and issues facing private companies during the transaction process has enabled ACT to successfully execute over 250 transactions across a diverse group of sectors. ACT currently employs over 25 M&A advisors with offices in Seattle, New York, San Francisco, Salt Lake City, Portland, Pittsburgh, Nashville, Des Moines, Spokane and Tacoma. For more information on ACT, please go to www.actcapitaladvisors.com.