Hy-Tek Material Handling Inc. Asset Profile

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Year established

1963

Location

Primary Industry

Business Support Services

About

Based in Ohio, US and founded in 1963, Hy-Tek Material Handling Inc., through its divisions, provides material handling and systems solutions. The company has offices in Georgia, Kentucky, Ohio, New Jersey, Pennsylvania, and Tennessee and has 475 employees as of March 2021. Hy-Tek Material Handling Inc.'s subsidiaries, Industrial Equipment and Integrated Systems sells new and used equipment like forklifts and yale lift trucks, rental of equipment, storage and handling, engineering, and installation of materials. The company also provides asset liquidation, design and build, systems integration, installation, and client support services to businesses engaged in the manufacturing, distribution, retail, construction, food, electronics, and automotive industries in the US, Canada, and Mexico.

Primary Industry

Business Support Services

Sub Industries

Engineering, Equipment Rental & Leasing, Industrial Machinery

Website

www.hy-tek.com

Company Stage

Buyout

Total Amount Raised

Subscriber access only

Deals

Deals Type
Merger
Buyout

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Hy-Tek Material Handling Inc., WorldSource Integration, Inc.	24 Mar 2021
Completed	Hy-Tek Material Handling Inc.	24 Mar 2021

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