Rob Michalik, co-founder of Kinderhook Industries, reveals their deal strategy when acquiring Mobile Mini Tank and Pump.
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“We had in our back pocket the opportunity to acquire the Adler Tank business, which was their largest competitor. We knew that at the point at which we finally agreed to terms, and that made us pretty pleased with the outcome that we were able to drive.”
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Disclosure
Kinderhook initiated the Ironclad acquisition by cold-calling WillScot's CFO
“One of our operating partners was previously involved with the company, had a inkling that the public parent, Will Scott, was interested in divesting their mobile mini tank and pump division. We reached out to the CFO at the time, expressed our interest in the…”
Rob MichalikNov 11, 2024▶ 14:31[REPLAY] Ironclad Environmental Services – Chris and Rob Michalik (Kinderhook Industries), (PE Deals, S3E8)
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