# Alta Equipment Group to acquire Burris Equipment for $14 million

Alta Equipment Group entered a definitive agreement to acquire Burris Equipment Company, a construction and turf equipment supplier with three locations in Illinois, for $14 million in cash. The deal is expected to close in Q4 2023.

- Type: Acquisition
- Announced: 2023-09-28
- Where: Illinois, United States
- Value: $14.0M
- Status: announced
- Products: construction equipment, turf equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Alta Equipment Company](https://endata.com/companies/26547.md) (acquirer)
- [Burris Equipment Company](https://endata.com/companies/72908.md) (target)

## Sources

- [nasdaq.com](https://www.nasdaq.com/press-release/alta-equipment-group-to-acquire-burris-equipment-adding-to-its-construction-business), 2023-09-28: "The acquisition of Burris will not only yield immediately accretive returns to shareholders but will also notably enhance our business in Illinois."
- [vertikal.net](https://vertikal.net/en/news/tag/117/acquisition?page=10&tx_vertikal_pi10=69), 2023-10-19: "US rental group Alta Equipment Group is to acquire Burris Equipment which operates three locations in the Chicago region"

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