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Equipment Rental & Dealers, Industrials | Mergers & Acquisitions

Grand Equipment Has Been Acquired by Strength Capital

  • TM Capital served as exclusive financial advisor to GEC Acquisition, LLC dba Grand Equipment Company (“Grand Equipment”), a portfolio company of Cognitive Capital Partners, LLC (“Cognitive”), in its sale to Strength Capital Partners, LLC (“Strength Capital Partners”)
  • Based in Hudsonville (Grand Rapids), Michigan, Grand Equipment is a leading multi-line construction equipment dealer offering a one-stop solution for new and used equipment sales, equipment rental, parts and service to customers in the Western Michigan market
  • The Company caters to a diverse and loyal base of customers across attractive end markets that value Grand Equipment’s customer-first approach, market-leading OEM brands and complementary product offering
  • Cognitive is a Chicago-based private equity investment firm focused on investing in the technical business services and industrial manufacturing sectors. Cognitive’s unique fund structure provides flexible investment timelines, enabling value creation execution specific to each portfolio company
  • Strength Capital Partners is a Birmingham, Michigan-based private equity firm focused on the manufacturing, distribution, infrastructure and industrial services sectors
  • TM Capital is a market leader in the equipment rental and dealer sectors, having completed 19 transactions since January 2021 with an aggregate value of $3 billion while publishing authoritative industry research
  • The sale of Grand Equipment represents TM Capital’s second successful exit for the Company

A PORTFOLIO COMPANY OF

HAS BEEN ACQUIRED BY

Grand Equipment Has Been Acquired by Strength Capital

TM Capital served as exclusive financial advisor to GEC Acquisition, LLC dba Grand Equipment Company (“Grand Equipment”), a portfolio company of Cognitive Capital Partners, LLC (“Cognitive”), in its sale to Strength Capital Partners, LLC (“Strength Capital Partners”)

Details

For more information, contact our industrials team at:

industrials@tmcapital.com

Client Testimonial

“When we were exploring a partial exit of our equipment platform by selling Grand Equipment, we chose TM Capital for their expertise in the equipment dealer and rental sector. Their industry insight, understanding of Grand’s business, and strong buyer relationships helped secure Grand’s new partner in Strength Capital. TM Capital delivered on their commitment to senior-level attention and exceptional management support throughout the process.”
– Ron Yokubison (Partner) & Jon Way (Vice President), Cognitive Capital Partners