North Branch Capital's Summit Hydraulics has merged with Access Truck Parts to strengthen their position in the mobile equipment aftermarket parts industry.
Information on the Target
Access Truck Parts (ATP), headquartered in Phoenix, Arizona, is a prominent designer and distributor of specialized components for the commercial water truck market, including pumps, valves, nozzles, and fittings. The company has built a strong reputation for quality and innovation, providing essential aftermarket parts that enhance the performance and reliability of mobile equipment.
As a vital player in the aftermarket parts landscape, ATP serves a diverse customer base, ensuring that water trucks, which are crucial for various industries, are equipped with the necessary components for optimal functioning. This acquisition positions ATP within a larger framework aimed at expanding its reach and improving operational capabilities in a rapidly evolving market.
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Industry Overview in the Target’s Specific Country
The mobile equipment aftermarket parts industry in the United States is experiencing significant growth, driven by increasing demand for construction and agricultural
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Summit Hydraulics
invested in
Access Truck Parts
in 2023
in a Buy & Build / Roll-Up deal