Industrial Services Quarterly
Q3 2020 UPDATE
HAWKINS ACQUIRES AMERICAN DEVELOPMENT CORP FOR ~$25M
July 28, 2020: Hawkins, Inc. ( NasdaqGS:HWKN ), a formulator, manufacturer, blender, distributor, and sales agent for industrial chemicals, announced the acquisition of a water treatment business, American Development Corporation of Tennessee (ADC). The geography covered by ADC fills a void for Hawkins and expands its water treatment footprint. The deal was worth ~$25 million. Distribution
ATLAS TECHNICAL CONSULTANTS TO ACQUIRE ALTA VISTA FOR $14.6M
August 3, 2020: Atlas Technical Consultants, Inc. (Nasdaq: ATCX), a leading provider of professional testing, inspection, engineering, program management and consulting services, announced that it has entered into a definitive agreement to acquire Alta Vista Solutions, Inc., a key provider of transportation related testing and inspection services, based in Oakland, California. Alta Vista’s transportation focus, wide range of services and established presence in California and New York will be a good fit for Atlas. The deal was worth ~$14.6 million
CHARLES TAYLOR ACQUIRES SBSA
September 18, 2020, Charles Taylor, a provider of services and technology solutions to the global insurance market, announced that it has acquired SBSA, Inc. (Solutions Before, Solutions After), a full service engineering and architectural firm. For insurance clients who work with Charles Taylor Adjusting, SBSA will offer the consistency and efficiency of a one stop shop, with the independence of a separate forensic engineering business.
HOMEVALET ACQUIRES ENVOLVE ENGINEERING
September 16, 2020: HomeValet , emerging leader in contactless home delivery, announced the acquisition of Envolve Engineering, LLC, Indiana based engineering firm with over 150 years of combined appliance industry experience. The acquisition brings a team of skilled engineers in house who will support HomeValet in launching its revolutionary, 24/7, contactless home delivery offering to the market this fall. In addition, Envolve Engineering’s in depth knowledge of manufacturing and supply chain will allow HomeValet to rapidly scale to meet the anticipated demand for its consumer first home delivery platform, secure, temperature controlled Smart Box appliance and subscription service.