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Empire Southwest To Acquire Cashman Equipment

Nov 14, 2022•about 3 years ago

Acquiring Company

Empire Southwest

Acquired Company

Cashman Equipment

SolarManufacturingConstruction

Description

Arizona-based Empire Southwest (“Empire”), the Cat dealer serving the service territory of Arizona and Southeastern California, has agreed to acquire Nevada-based Cashman Equipment (“Cashman”), the Cat dealer serving the service territory of Nevada and parts of Eastern California.

Company Information

Company

Empire Southwest

About

Empire Southwest is an authorized Cat® dealer for heavy equipment and power systems throughout Arizona and Southeastern California. In addition, Empire is a provider of Tier 1 commercial solar products and microgrids, an authorized AGCO equipment dealer representing Fendt and Massey Ferguson, an authorized Trimble dealer through SITECH Southwest, and a premiere distributor of Maintainer, Trail King and other leading truck and trailer brands. The third-generation, family-owned company was founded in 1950 and has over 2,300 employees across 22 locations. Learn more about Empire's products, services, partnerships, and careers at empirecat.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed