# Concentric acquires Texas Motive Solutions

Concentric, an OnPoint Group company, acquired Texas Motive Solutions, a provider of service solutions to forklift dealers in Texas. The acquisition expands Concentric's footprint in Dallas and Houston.

- Type: Acquisition
- Announced: 2022-11-16
- Where: Dallas and Houston, Texas, United States
- Status: completed
- Products: DC power management, battery sales and service, forklift power solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Concentric](https://endata.com/companies/1164.md) (acquirer)
- [OnPoint Group](https://endata.com/companies/53050.md) (investor)
- [Texas Motive Solutions](https://endata.com/companies/66688.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20221116005041/en/Concentric-LLC-an-OnPoint-Group-Company-Acquires-Texas-Motive-Solutions), 2022-11-16: "Concentric, LLC, the national leader in DC power management for the material handling and critical power industries, announced the acquisition of Texas Motive Solutions."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.