Gatterdam Industrial Services has been acquired by Air Hydro Power, Inc.
ABOUT THE TRANSACTION:
Allston Advisory Group is pleased to announce the successful acquisition of Gatterdam Industrial Services (the “Company” and “GIS”) by Air Hydro Power, Inc. (“AHP” or the “Buyers”).
Founded in 1954 and headquartered in Louisville, Kentucky, Gatterdam Industrial Services is a privately owned electric motor repair company. The Company specializes in electric motor repair, condition monitoring, predictive maintenance, and fluid pump services. For decades, GIS has earned a strong reputation for technical expertise, responsive service, and long-term customer relationships throughout the region.
Founded in 1961 and also headquartered in Louisville, Kentucky, Air Hydro Power, Inc. is a leading industrial distributor serving the Kentucky, southern Indiana, Alabama, Mississippi, West Virginia, and southeastern Ohio. The company specializes in hydraulics, pneumatics, electrical automation, hose and fittings, and engineered industrial solutions. Since 1998, Tom McGuire, Matt Ott, and Dick Beaven have led AHP’s continued growth. Today, AHP operates nineteen locations and employs more than 270 customer service professionals, product specialists and engineers.
The acquisition expands AHP’s industrial service capabilities while strengthening its ability to deliver comprehensive solutions throughout its operating footprint. The combination also enhances GIS’s long-term growth opportunities by providing additional resources, expanded technical expertise, and broader customer access.
“With the business landscape changing rapidly, it was important for me to find a partner like AHP with the resources and expertise to give us every possible competitive advantage,” said Schuyler John, President of Gatterdam Industrial Services. “Combining with AHP positions us for success with both our customers and our loyal employees for many years.”
Matt Ott, Co-Owner of AHP, added, “Gatterdam has earned an outstanding reputation for their technical expertise and customer service. Their capabilities broaden the products and services we provide while strengthening our commitment to customers.”
Allston Advisory Group served as the exclusive financial advisor to Gatterdam Industrial Services throughout the transaction. The firm advised the Company on transaction planning, valuation, buyer negotiations, due diligence, and closing.
ABOUT ALLSTON ADVISORY GROUP:
Allston Advisory Group is an independent mergers and acquisitions advisory firm serving lower middle market businesses throughout the United States. The firm provides sell-side advisory, business valuations, and exit planning services across diverse industries. Allston delivers objective advice, disciplined execution, and personalized service to help business owners maximize value and achieve successful transaction outcomes.
For additional information on this transaction, please contact one of our advisors.
