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Terrasource Global Announces The Acquisition Of Elgin Separation Solutions

Jan 18, 2023over 2 years ago

Acquiring Company

TerraSource Global

Acquired Company

Elgin Separation Solutions

St. LouisManufacturingManufacturing

Description

TerraSource Global – a premier manufacturer of high-quality material sizing equipment based on the Gundlach, Jeffrey Rader and Pennsylvania Crusher brands, and subsidiary of Right Lane Industries – has announced the acquisition of Elgin Separation Solutions (Elgin) as of January 12, 2023. Elgin designs, manufactures and services material processing parts and equipment for mining, energy production, recycling and waste management applications. Core products include vibratory centrifuges (CMITM), decanter centrifuges, mobile packaged treatment systems (KEMTRONTM), vibrating screens (Hyper-GTM, TaborTM and NorrisTM brands) and cuttings dryers (CSITM).

Company Information

Company

TerraSource Global

Location

St. Louis, Missouri, United States

About

TerraSource Global is a leading provider of solutions for natural resource recycling, material handling, product classification, and liquid/solid separation. It brings together four major brands – Gundlach Crushers, Jeffrey Rader, Pennsylvania Crusher, and Elgin Separation Solutions – with a large, diverse portfolio of high-quality, innovative equipment, services, and precision OEM parts backed by technical expertise. The company delivers turn-key solutions, intelligent engineering, and aftermarket support around the world.

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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