Exit Strategies Group Advises Ralph W. Earl Company in Sale
Exit Strategies Group recently guided the owners of industrial automation solutions provider Ralph W. Earl Company through a structured sale process that resulted in an acquisition by SunSource. This acquisition expands SunSource’s automation and motion control capabilities and market coverage in the Northeast. Transaction terms will not be disclosed.
With a legacy spanning more than 70 years, Ralph W. Earl Company is a value-added distributor and technical solutions provider based in Syracuse, New York. The company supplies industrial automation, motion control, pneumatics, hydraulics and collaborative robots to manufacturers in New York and beyond. They offer their clients comprehensive engineering support, custom systems design, assembly and fabrication, testing and certified robotics training services.
“Joining forces with SunSource is an exciting new chapter for our Team and Legacy,” said Ralph W. Earl Company President Bill Gerbig. “Exit Strategies Group was instrumental in guiding us through the process and helping us connect with a partner that met our primary objectives. Al Statz and the rest of the team at Exit Strategies Group provided much-needed expertise and support. Their familiarity with our industry was a plus.”
“Bill and the owners of RW Earl are great people who built a quality business, and we are honored to have supported them and their team in this part of their journey,” said Exit Strategies Group’s CEO Al Statz. “This transaction underscores our long-standing commitment to serving closely held industrial automation technology companies. Our automation M&A experience includes component manufacturers, value-added distributors, system integrators, custom machine builders, and field service providers.”
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For information about Exit Strategies Group’s sell-side M&A, business valuation, or strategic exit planning services, or to discuss a potential need, contact Al Statz at 707-781-8580 or alstatz@exitstrategiesgroup.com.
