International M&A specialist, Benchmark International, has successfully facilitated the sale of Sun Coast Hydraulic Electric MFG.,Inc. (“Sun Coast”) to Scott Industrial Systems, Inc. (“Scott Industrial”).
Based out of Jacksonville, FL, Sun Coast is a fully-integrated manufacturer of electric control panels and hydraulic power units.
Scott Industrial is a full-line fluid power distributor headquartered in Dayton, Ohio. The company offers sales and service expertise in hydraulics, pneumatics, and electronic control systems. The company currently serves customers in Ohio, Kentucky, Indiana, Illinois, Western Pennsylvania, West Virginia and Tennessee. Through this acquisition, Scott Industrial continues to expand its nationwide geographic footprint.
Tim Sparks, the founder at Sun Coast, commented, “
We are thankful for the role Benchmark International played in the acquisition process. They brought a knowledgeable team to the table and were able to push it through to the end. We are confident this relationship with Scott Industrial Systems will allow us to better serve our clients, and we look forward to the growth to come.”
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