The leading company in the design, manufacture, and marketing of construction equipment attachments in the United States, Attachment Technologies, Inc. (“ATI”) operates from plants in Iowa, Tennessee, Wisconsin, and Shanghai. ATI’s attachments fit a wide variety of equipment, including backhoes, tractors, skid steers, wheel loaders, and excavators, thereby increasing the versatility, utility, and productivity of the equipment for road and heavy construction, landscaping, and agricultural applications.
Norwest Equity Partners is a leading private equity investment firm formed to sponsor and invest equity capital in management leveraged buyouts, recapitalizations, and industry consolidations. Since its founding over forty years ago, NEP has made investments in over three hundred manufacturing, service and technology companies. NEP expects to provide additional capital to ATI, thereby enabling it to implement its aggressive plan of growth through complementary add-on acquisitions and continued organic expansion.
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The undersigned acted as M+A advisor to Attachment Technologies, Inc.