Established in 1960 by Bill Wright, ASCO serves a diverse range of construction, material handling and ag customers across its 24 locations in Texas and New Mexico.
The buyer is InfraServ US LLC, which owns the Gateway Dealer Network of St. Louis.
Financial terms of the deal were not disclosed. The companies made the announcement on Dec. 29.
Bobcat Southwest has five locations in Southern California (on Miramar Road in San Diego, as well as in Orange, Los Angeles and Riverside counties). It has a sixth location in Las Vegas, Nevada.
With the closing of the transaction, the combined company will operate 25 locations spanning 10 states across the Midwest, Southeastern and Western United States.
InfraServ Expands to West Coast with Gateway Dealer Network s Acquisition of Bobcat Southwest
Combined company will operate 25 locations across the Midwest, Southeastern and Western United States
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ST. LOUIS and SAN DIEGO, Dec. 29, 2020 /PRNewswire/ InfraServ US, LLC, an industrial equipment dealership and services platform, announced today that it has acquired the Bobcat Southwest dealership group. The acquisition will be completed through InfraServ s subsidiary, Gateway Dealer Network, a leading provider of Bobcat
® and Doosan
®-branded industrial equipment sales, parts and service, and rental services. Terms of the transaction were not disclosed.
(PRNewsfoto/Gateway Dealer Network)