Clayton Equipment Company

Heroes on the Water Proudly Announces Partnership with Alta Equipment Company

Retrieved on: 
Wednesday, June 7, 2023
Business development, Partnership, Alta, Anxiety, Water, Clayton Equipment Company, Marketing, Mullaney, Ethnic minorities in the U.S. Armed Forces during World War II, Tourism, Veteran

Allen, Texas, June 07, 2023 (GLOBE NEWSWIRE) -- Heroes on the Water is proud to announce a partnership with Alta Equipment Company in the state of Florida.

Key Points: 
  • Allen, Texas, June 07, 2023 (GLOBE NEWSWIRE) -- Heroes on the Water is proud to announce a partnership with Alta Equipment Company in the state of Florida.
  • The partnership will provide opportunities for Heroes on the Water to expand their kayak fishing programs while giving Alta Equipment employees a chance to volunteer and positively impact their community.
  • “Our partnership with Alta Equipment is important in many aspects, including the ability to include the local community in supporting our veterans, first responders and their families,” said Neil Mullaney, Heroes on the Water Executive Director.
  • “Alta Equipment Company is proud to partner with Heroes on the Water in hopes of further educating our industry to the opportunities in giving back to Veterans of the U.S. Armed Forces, first responders and their families,” said Scott Sebastian, Director of Marketing and Business Development, Alta Equipment Company.

Cashman Equipment Transitioning Ownership to Empire Southwest

Retrieved on: 
Monday, November 14, 2022
Retail, Fleet Management, Manufacturing, Automotive, Other Construction & Property, Alternative Energy, Energy, Machinery, Construction & Property, Other Natural Resources, Other Retail, Mining, Minerals, Natural Resources, Other Manufacturing, Sale, Clayton Equipment Company, Mining, Cashman, Trimble, Tier 1, Fendt, Cat, AGCO

Cashman Equipment Company , founded by James Cashman Sr. during the construction of Hoover Dam in 1931, is announcing that our Company will be acquired by our neighboring Cat Dealer to the South, Empire Southwest, of Arizona at the end of December 2022.

Key Points: 
  • Cashman Equipment Company , founded by James Cashman Sr. during the construction of Hoover Dam in 1931, is announcing that our Company will be acquired by our neighboring Cat Dealer to the South, Empire Southwest, of Arizona at the end of December 2022.
  • Cashman has been led over these nine decades by James Cashman Sr., James Cashman Jr., James Cashman III and most recently, during the last twenty-seven years, by MaryKaye Cashman.
  • Founded in 1931 by James "Big Jim" Cashman, Cashman Equipment is one of the highest-rated Cat equipment dealers in North America.
  • Empire Southwest is an authorized Cat dealer for heavy equipment and power systems throughout Arizona and Southeastern California.

ALJ REGIONAL HOLDINGS, INC. ACQUIRES RANEW'S COMPANIES, COMPLETES REPURCHASES AND CERTAIN INVESTMENTS

Retrieved on: 
Thursday, September 29, 2022
Well, Income, Purchasing, Employment, QOF, Bill, Clayton Equipment Company, GAAP, Sale, LLC, Company, Acquisition, Private Securities Litigation Reform Act, Investment, OTC, ALJ, TTM, Share repurchase, NASDAQ, Collection, VWAP, Port Management Company, Failure, Faneuil, Security (finance), EBITDA, Note, Asset purchase agreement, Mark-to-market accounting, Merritt Ranew

Consideration paid by ALJ for the acquisition at closing was $20.8 million, subject to certain purchase price adjustments and certain earn-out payments set forth in the Purchase Agreement and described below.

Key Points: 
  • Consideration paid by ALJ for the acquisition at closing was $20.8 million, subject to certain purchase price adjustments and certain earn-out payments set forth in the Purchase Agreement and described below.
  • The acquisition was consummated through Resin Acquisition Corp. (the "Purchaser"), a subsidiary of ALJ.
  • At the closing, Purchaser issued Mr. Ranew 19.99% of the equity interests in Purchaser in consideration of the rollover of certain of Mr. Ranew's equity interests.
  • On September 26, 2022, ALJ invested approximately $20 million into its 99% owned subsidiary ALJ Qualified Opportunity Fund LLC ("QOF").

Colonial Equipment Company Partners with ZEVX for Fleet Electrification

Retrieved on: 
Wednesday, July 27, 2022
Goal, Carbon, Mid-Atlantic (United States), Industry, Class, ADP, EV, Clayton Equipment Company, Partnership, Solution, Federal, Adoption, Technology, Transport, Motor vehicle, Support, SVP, Nordic Service Partners, Airline, Colonial

As a ZEVX Authorized Distribution and Service Partner (ADP / ASP), Colonial Equipment Company will be certified to ZEVX standards for the Athena program which provides repowering and on-going support of Class 2-4 commercial vehicles.

Key Points: 
  • As a ZEVX Authorized Distribution and Service Partner (ADP / ASP), Colonial Equipment Company will be certified to ZEVX standards for the Athena program which provides repowering and on-going support of Class 2-4 commercial vehicles.
  • Colonial Equipment Company is also an authorized distributor of ZEVX products.
  • Donald Combs, President of Colonial Equipment Company notes: "Colonial Equipment, is pleased to partner with technology innovators such as ZEVX to bring low-cost electric vehicle solutions to commercial fleets.
  • "Colonial Equipment Company' is ideally suited to provide Mid-Atlantic support to our fleet customers.