ACT Capital Advisors is pleased to announce the acquisition of their client, D.R. Smith Co. Inc. (dba, Air Compressor Services) by Northwest Pump. Air Compressor Services sells, services, and repairs all types of air compressor products.
The transaction closed Friday, April 30th, 2021. The ACT Capital Advisors deal team included Managing Directors Paul Hajek and Trevor Hill. “It was a great pleasure working with both the seller and the buyer,” says Hajek. “Air Compressor Services is a very profitable, well-managed company and Northwest Pump was extremely professional during every stage of the deal.”
About Air Compressor Services (ACS)
Air Compressor Services, located in Everett, Washington, serves customers throughout the Puget Sound and western Washington area. In addition to air compressor products, they also service and sell a variety of other industry-leading compressors, vacuum pumps, air dryers, filtration devices, lubricants, and other products (including rebuilt equipment). The company is an Authorized Gardner Denver Distributor and places a strong emphasis on scheduling recurring, preventative maintenance programs for each customer. This helps build and maintain strong customer relationships and creates ongoing sales opportunities. For more information, please refer to their website at: https://www.aircompressorservices.com/
About Northwest Pump (NWP)
Northwest Pump, headquartered in Portland, Oregon, is the largest distributor of petroleum equipment and industrial pumps and compressors in the western U.S. The company was established in 1959 and added their industrial division over 20 years ago. With branches in 18 locations, NWP offers high-quality products, decades of experience, and exceptional customer service. For more information, please refer to their website at: https://www.nwpump.com/
About ACT Capital Advisors
ACT Capital Advisors is a premier Mergers & Acquisitions (M&A) firm representing middle-market companies across all industries. ACT has a 30-year history of deal-making, closing 200+ transactions and unlocking over $2.5 billion in wealth for its clients.
For more information, visit https://actcapitaladvisors.com/.