D.A. Davidson Acts as Exclusive Financial Advisor to APSCO in its Sale to Ingersoll Rand
D.A. Davidson announced its role as the exclusive financial advisor to Air Power Systems Co. (APSCO) in its sale to Ingersoll Rand (NYSE:IR). APSCO, a portfolio company of TGP Investments, is a leading provider of hydraulic and pneumatic engineered products and solutions for medium and heavy-duty work truck and transportation applications.
Founded in 1964, APSCO offers customized products and systems with over 60 years of industry experience. The acquisition aligns with Ingersoll Rand's strategy to invest in sustainability, innovation, and aftermarket. Eric Stetler, Managing Director at D.A. Davidson, expressed confidence in the partnership, while Vince Williams, CEO of APSCO, highlighted their commitment to quality and service.
This transaction marks another successful closing by D.A. Davidson's Diversified Industrials Investment Banking Group, showcasing the firm's expertise in the Machinery & Equipment sector.
D.A. Davidson ha annunciato il suo ruolo di consulente finanziario esclusivo per Air Power Systems Co. (APSCO) nella sua vendita a Ingersoll Rand (NYSE:IR). APSCO, un'azienda del portafoglio di TGP Investments, è un fornitore leader di prodotti e soluzioni ingegnerizzate idrauliche e pneumatiche per camion da lavoro di media e alta capacità e per applicazioni di trasporto.
Fondata nel 1964, APSCO offre prodotti e sistemi personalizzati con oltre 60 anni di esperienza nel settore. L'acquisizione si allinea con la strategia di Ingersoll Rand di investire in Sostenibilità, Innovazione e Mercato Secondario. Eric Stetler, Direttore Generale di D.A. Davidson, ha espresso fiducia nella partnership, mentre Vince Williams, CEO di APSCO, ha evidenziato il loro impegno per la qualità e il servizio.
Questa transazione segna un altro successo per il Gruppo di Investment Banking Industriale Diversificato di D.A. Davidson, evidenziando l'esperienza della società nel settore Macchinari e Attrezzature.
D.A. Davidson anunció su papel como asesor financiero exclusivo para Air Power Systems Co. (APSCO) en su venta a Ingersoll Rand (NYSE:IR). APSCO, una empresa de la cartera de TGP Investments, es un proveedor líder de productos y soluciones de ingeniería hidráulica y neumática para camiones de trabajo de medio y alto rendimiento y aplicaciones de transporte.
Fundada en 1964, APSCO ofrece productos y sistemas personalizados con más de 60 años de experiencia en la industria. La adquisición se alinea con la estrategia de Ingersoll Rand de invertir en sostenibilidad, innovación y mercado secundario. Eric Stetler, Director General de D.A. Davidson, expresó confianza en la asociación, mientras que Vince Williams, CEO de APSCO, destacó su compromiso con la calidad y el servicio.
Esta transacción marca otro cierre exitoso del Grupo de Banca de Inversión de Industriales Diversificados de D.A. Davidson, mostrando la experiencia de la firma en el sector de Maquinaria y Equipos.
D.A. Davidson은 Air Power Systems Co. (APSCO)의 독점 재무 자문사 역할을 수행하여 Ingersoll Rand (NYSE:IR)에게 판매하는 계약을 발표했습니다. TGP Investments의 포트폴리오 회사인 APSCO는 중량과 중중 작업 트럭 및 운송 애플리케이션을 위한 유압 및 공압 엔지니어링 제품 및 솔루션의 선도적인 공급업체입니다.
1964년에 설립된 APSCO는 60년 이상의 업계 경험을 바탕으로 맞춤형 제품과 시스템을 제공합니다. 이 인수는 Ingersoll Rand의 지속 가능성, 혁신 및 애프터 마켓에 대한 투자 전략과 일치합니다. D.A. Davidson의 관리 이사인 Eric Stetler는 파트너십에 대한 신뢰를 표명했으며, APSCO의 CEO인 Vince Williams는 품질과 서비스에 대한 그들의 헌신을 강조했습니다.
이번 거래는 D.A. Davidson의 다각화된 산업 투자은행 그룹의 또 다른 성공적인 마감으로, 기계 및 장비 분야에서 회사의 전문성을 보여줍니다.
D.A. Davidson a annoncé son rôle en tant que conseiller financier exclusif pour Air Power Systems Co. (APSCO) dans le cadre de sa vente à Ingersoll Rand (NYSE:IR). APSCO, une entreprise du portefeuille de TGP Investments, est un fournisseur leader de produits et solutions techniques hydrauliques et pneumatiques pour les camions de travail de moyenne et lourde capacité et les applications de transport.
Fondée en 1964, APSCO propose des produits et systèmes personnalisés avec plus de 60 ans d'expérience dans l'industrie. Cette acquisition est en accord avec la stratégie d'Ingersoll Rand d'investir dans durabilité, innovation et après-vente. Eric Stetler, directeur général de D.A. Davidson, a exprimé sa confiance dans ce partenariat, tandis que Vince Williams, PDG d'APSCO, a souligné leur engagement envers la qualité et le service.
Cette transaction marque une autre fermeture réussie du Groupe de Banque d'Investissement Industriel Diversifié de D.A. Davidson, mettant en avant l'expertise de la société dans le secteur des machines et équipements.
D.A. Davidson hat seine Rolle als exklusiver Finanzberater für die Air Power Systems Co. (APSCO) bei deren Verkauf an Ingersoll Rand (NYSE:IR) bekannt gegeben. APSCO, ein Portfolio-Unternehmen von TGP Investments, ist ein führender Anbieter von hydraulischen und pneumatischen technischen Produkten und Lösungen für mittlere und schwere Arbeitsfahrzeuge und Transportanwendungen.
Gegründet im Jahr 1964, bietet APSCO maßgeschneiderte Produkte und Systeme mit über 60 Jahren Branchenerfahrung an. Die Akquisition entspricht der Strategie von Ingersoll Rand, in Nachhaltigkeit, Innovation und Aftermarket zu investieren. Eric Stetler, Geschäftsführer bei D.A. Davidson, äußerte Vertrauen in die Partnerschaft, während Vince Williams, CEO von APSCO, ihr Engagement für Qualität und Service hervorhob.
Diese Transaktion stellt einen weiteren erfolgreichen Abschluss der Diversified Industrials Investment Banking Group von D.A. Davidson dar, der die Fachkompetenz der Firma im Bereich Maschinenbau und Ausrüstung zeigt.
- Acquisition by Ingersoll Rand (NYSE:IR) may provide APSCO with expanded market opportunities
- Alignment with Ingersoll Rand's growth strategy in sustainability, innovation, and aftermarket
- APSCO's strong reputation and 60+ years of industry experience in hydraulic and pneumatic solutions
- None.
D.A. Davidson announced today that it served as exclusive financial advisor to Air Power Systems Co., an industry-leading provider of hydraulic and pneumatic engineered products and solutions, in its sale to Ingersoll Rand, a global provider of flow creation and compression technologies. (Graphic: Business Wire)
Founded in 1964, APSCO provides customized hydraulic and pneumatic products and systems for medium and heavy-duty work truck and transportation applications. Building on its 60+ years of industry experience, APSCO offers unparalleled engineering expertise, product customization, and customer service.
“APSCO has done a tremendous job leveraging its leading position in pneumatics to substantially expand in hydraulics with a strong reputation for excellence,” stated Eric Stetler, Managing Director and Head of M&A at D.A. Davidson. “We believe Ingersoll Rand will be an excellent partner and are excited to see what their combined future brings.”
Alongside the acquisitions of Blutek and UT Pumps & Systems, Ingersoll Rand’s purchase of APSCO aligns with the Company’s commitment to invest in sustainability, innovation, and aftermarket, all of which are core areas of the Company's growth strategy.
"The APSCO team can be proud of our ongoing success," stated Vince Williams, CEO of APSCO. “We are committed to providing high quality products and exceptional service to our customers, and are thrilled to join the Ingersoll Rand family and continue our momentum.”
“D.A. Davidson did an exceptional job from start to finish during the sale process,” said Shane Parr, Managing Director at TGP Investments. “Their deep relationships and industry expertise helped ensure a fantastic result and we know APSCO is in good hands for its next phase of growth.”
The transaction represents another successful closing by D.A. Davidson’s Diversified Industrials Investment Banking Group and highlights the ongoing momentum of the firm’s Machinery & Equipment practice.
D.A. Davidson’s Investment Banking Division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions, and technology.
About D.A. Davidson
D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions, and municipalities nationwide. Founded in 1935 with corporate headquarters in
Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment advisor providing fixed income portfolio and advisory services.
For more information, visit dadavidson.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241008216056/en/
Deal Team Contacts
Eric Stetler, Managing Director & Head of M&A | estetler@dadco.com
Dylan Fodel, Vice President | dfodel@dadco.com
Tayler Pettit, Associate | taylerpettit@dadco.com
Media Contact:
Emily Roy
Prosek for D.A. Davidson
(646) 818-9232
eroy@prosek.com
Source: D.A. Davidson
FAQ
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