September, 2015. Anderson Machining Service, Inc. has been acquired by Basin Holdings, a global energy and industrial holding company. Anderson will operate through Basin Industries, a division of Basin Holdings that manufactures industrial equipment.
Anderson is an established leader in precision CNC contract manufacturing, specializing in machined components and assemblies that serve a range of industrial OEM applications in the hydraulic, recreational vehicle and energy industries. Founded in 1980 as a family-owned business, the company now has more than 150 employees and over 60,000 sq. ft. of manufacturing space in Jefferson, Wisconsin and Whitewater, Wisconsin.
Anderson’s existing management team will continue to participate in the leadership and day-to-day operations of the business.
“The Peakstone team was invaluable to the transaction process. They developed and executed on a successful strategy to find the right partner that shares our strategic vision for Anderson and can help drive continued growth for the business” said Erik Anderson, Chief Operating Officer of Anderson.
Basin Holdings is a privately held industrial holding company focused on providing market leading products and services to energy companies around the world. Basin’s experienced managers oversee a global platform that offers supply chain management services, oilfield services and specialty equipment manufacturing. Basin is focused on long-term economic value creation and community impact.
The Peakstone Group served as exclusive M&A advisor to Anderson in connection with this transaction. Terms of the transaction were not disclosed.
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For additional information about this transaction, contact:
Eric Dziedzic, Managing Director, 312-346-7314, email@example.com
Steve Royko, Managing Director, 608-236-4490, firstname.lastname@example.org
The Peakstone Group is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com or contact Carolyn Henson, email@example.com or 312-204-7300.