Transaction Overview
- Represented Elliott Equipment Company (“Elliott”) in its sale to Stellar Industries, an employee-owned manufacturer of work trucks, cranes, and service equipment.
- Elliott is a leading U.S. manufacturer of truck-mounted aerial work platforms, digger derricks, cranes, and specialty lifting equipment. Its products feature lifts and telescoping booms for longer vertical and horizontal reach for workers completing tasks at height.
- Elliott serves key end markets including utility infrastructure (transmission & distribution), sign & lighting, municipal services, construction, and telecommunications, among others.
Key Drivers of Interest
- Established, highly-respected brand with decades of proven reliability and industry recognition
- Clear market leader in the sign & lighting industry, with strong positioning across the transmission and distribution utility sector.
- New product development as a core competency, supporting ongoing innovation.
- Differentiated go-to-market strategy with an extensive national dealer network and growing rental channel presence enabling cross-selling and expansion.
- Newly remodeled, 210,000+ sqft. state-of-the art production facility in Omaha with ample capacity to support growth and efficient scaling initiatives.
- Strong revenue visibility derived from an attractive backlog and customer ordering cadence.
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