On November 1st, 2023, Alta Equipment Group Inc. (NYSE: ALTG) (“Alta”), an industrial and construction equipment company announced that it has acquired Ault Industries Inc. (“Ault”).
Ault is one of the most successful machinery suppliers in Canada. For more than 15 years, they have been providing their customers with state-of-the-art equipment and the fastest and most efficient service possible.
Alta owns and operates one of the largest integrated equipment dealership platforms in the U.S. Through its branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and aerial work platforms, cranes, earthmoving and environmental processing equipment and other material handling and construction equipment.
Miller Thomson advised the selling shareholders of Ault Industries with a team led by Max Spearn and comprised of Adam Bata, Sabrina Lau (Corporate/ M&A), Andrew Etcovitch (Tax), Claudia Desjardins Bélisle, Michelle MacGillivray (Labour & Employment), Jean-Martin Lambert, Frank Torchia (Real Property), Stuart Chaimberg (Leasing), Tamara Farber (Environmental), Shaun Parekh (Financial Services) and Karen Durell (IP / IT).
