Benchmark International successfully facilitated the sale of ProCon LLC, hereinafter referred to as ProCon, to Southwest Material Handling Inc. ProCon, headquartered in Las Cruces, New Mexico, is an award-winning exclusive dealer of JCB construction equipment and a provider of value-added service and parts. ProCon operates in the western region of the US, including Colorado, Arizona, New Mexico, Texas, and Nevada.
Nic DiPaulo, the CEO and former owner, commented, “I am pleased to now be a part of the Southwest family and am excited about what we can achieve together. With the support and resources of Southwest, we look forward to significantly enhancing our opportunities to serve our customers.”
Southwest Material Handling Inc. has been a leading provider of premium material-handling equipment, construction equipment, warehouse solutions, power generation, rental equipment, and full spectrum parts and service solutions for over 30 years. The addition of ProCon expands the company’s reach into four fast-growing western markets, now operating in six states.
Kirt Little, CEO and President of Southwest Material Handling Inc. commented, “As a leader in both the material handling and construction equipment industries in the western region, ProCon is an ideal fit for Southwest's growth strategy. ProCon is an award-winning dealer known for providing great customer service, and we look forward to continuing that tradition.”
The Deal Associate, Brittney Easter, commented, “It was a pleasure working with Nic, and we share the excitement that the ProCon team could find a home where they will continue to grow and expand. We wish their entire team the best of luck.”
Americas: Sam Smoot at +1 (813) 898 2350 / Smoot@BenchmarkIntl.com
Europe: Michael Lawrie at +44 (0) 161 359 4400 / Enquiries@BenchmarkIntl.com
Africa: Anthony McCardle at +27 21 300 2055 / McCardle@BenchmarkIntl.com
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Benchmark International is a global M&A firm that provides business owners with creative, value-maximizing solutions for growing and exiting their businesses. Benchmark International has handled over $8.25 billion in transaction value across various industries from offices across the world. With decades of M&A experience, Benchmark International’s transaction teams have assisted business owners with achieving their objectives and ensuring the continued growth of their businesses. The firm has also been named the Investment Banking Firm of the Year by The M&A Advisor and the #1 Sell-side, Privately Owned M&A Advisor in the World by Pitchbook’s Global League Tables.
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