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      • Learn More About Hyster

        Hyster is known throughout the material handling industry as one of the most innovative and reliable forklift manufacturers on the market.

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  • Products
    • New Equipment
      • 3 Wheel Electric Forklifts
      • 4 Wheel Electric Forklifts
      • Aerial Lifts
      • Burden Carriers
      • Carpet Extractors
      • Container Handlers
      • Die Handlers
      • Electric Walkie
      • Elite Counterbalance
      • Explosion Proof
      • Environmental Solutions
      • Floor Machines
      • Forklifts
      • High Capacity Forklifts
      • Internal Combustion Forklifts
      • Low Level Access Lifts
      • Multi-Directional Forklifts
      • Narrow Aisle Forklifts
      • Order Pickers
      • Pallet Movers
      • Personnel Carriers
      • Rough Terrain & Truck Mount
      • RS Carriers
      • Scissor Lifts
      • Scrubbers
      • Specialty Equipment
      • Specialty Floor Cleaning
      • Specialty Vehicles
      • Stock Chasers
      • Stock Pickers
      • Straddle Carriers
      • Street Sweepers
      • Sweepers
      • Sweeper-Scrubbers
      • Telehandlers
      • Tow Tractors
      • Vacuums
      • Yard Spotters
      • View All New Equipment

        Explore our selection of aerial lifts, forklifts, floor cleaning equipment, specialty equipment and more.

        View All Forklifts

        From efficient electric forklifts to high-capacity internal combustion engine lift trucks, we carry some of the most advanced and innovative models on the market.

    • Used Equipment
      • Diesel Pneumatic
      • Electric Cushion 4-Wheel
      • Electric Pneumatic 3-Wheel
      • Electric Pneumatic 4-Wheel
      • LP Cushion
      • LP Pneumatic
      • Order Picker
      • Pedestrian Stacker
      • Personnel Carrier
      • Powered Pallet Truck
      • Reach Truck
      • Scissor Lift
      • Scrubber
      • Shunt Truck
      • Turret Truck
      • From pre-owned forklifts to used aerial lifts, telehandlers, material handling vehicles, and more, you’ll find it at Alta Material Handling. Browse our inventory and request a quote or call to inquire.

        View Inventory
    • Tires
      • The Alta Tire Group is one of the largest material handling tire sales and service organizations in the United States. Alta is factory direct, handling multiple O.E. and performance lines. No matter your lift truck application or model, we have the right tires for you.

        Learn More About Our Forklift Tire Services
    • Rental
      • At Alta Rents, we have one of the largest rental fleets in the Midwest, stocked with high-quality like-new material handling and construction rental equipment.

        Alta Rents Home
      • Material Handling Lift Truck Rental

        We carry lift trucks from industry-leading brands like Hyster and Yale — everything from very narrow-aisle forklifts to heavy-duty, high-capacity lift trucks and container handlers.

        Aerial Equipment Rental

        You'll find a complete range of aerial lifts for rent, including articulating boom lifts, telescoping boom lifts, electric scissor lifts, rough terrain scissor lifts, and telehandlers.

    • Manufacturers
      • Hyster
      • Yale
      • Advance
      • A&G Mercury
      • Autocar
      • Bendi
      • Combilift
      • Drexel
      • Genie
      • Interthor
      • JLG
      • Kelley
      • Landoll
      • Manitou
      • Motrec
      • Nilfisk
      • Rico
      • Sellick
      • Tico
      • Learn More About Hyster

        Hyster is known throughout the material handling industry as one of the most innovative and reliable forklift manufacturers on the market.

        Learn More About Yale

        For almost 140 years, Yale has manufactured a wide range of material handling equipment, powered by electric, diesel, LPG, and CNG.

  • Categories
    • Lighting
      • We offer Industrial, Commercial & Retail Lighting Systems for Warehouses in the NY Metro area. Specializing in the latest generation of LED technology.

        Lighting Services
    • Dock & Door
      • New York and New England’s Leader in Loading Docks, Dock Seals & Shelters, Truck Restraints, High Speed & Overhead Doors. 24 Hour Emergency Service Available.

        Dock & Door Solutions
    • Environmental Solutions
      • Alta Material Handling is proud to carry Advance industrial floor cleaning equipment.

        Environmental Solutions
    • Warehouse Products
      • Alternative Fuel
      • Automation
      • Conveyors
      • Cranes & Hoists
      • Dock & Door
      • Ergonomics
      • Lighting Solutions
      • Mezzanines
      • Mobile Products
      • Modular Offices
      • Racking Systems
      • Safety & Protection
      • Shelving
      • Space Solutions
      • Wire Partitions
      • Workbenches
      • Alta Material Handling offers a wide range of warehouse products to help make the best use of your storage space.

        View Our Warehouse Products
    • Robotics
      • What if you could automate repetitive picking tasks and free up workers to take on more valuable roles?

        Robotic Solutions
    • Motive Power
      • Alta Material Handling takes all the finger pointing away and gives you a comprehensive solution to meet your specific needs. Not all lithium is created equal, and not all lead acid batteries are created equal and not all chargers are created equal. We bust the Myths.

        Motive Power
  • Service & Support
    • Parts
      • We carry over 7 MILLION replacement lift truck parts and accessories, accommodating more than 100 brands of material handling equipment and 3800+ models.

        View Our Parts Offerings
    • Distribution Center Service
      • Alta Material Handling offers comprehensive distribution center design services to maximize productivity, improve processes and increase safety.

        Distribution Center Design Services
    • Equipment Service & Repair
      • In our more than 35 years in the material handling forklift industry, our customers have come to value us for consistent, high-quality service for their forklifts and other material handling equipment.

        Learn More About Equipment Service
    • Fleet Management
      • Alta Fleet Management’s expert support representatives will help you analyze your fleet requirements and develop a plan to make you more efficient and reduce overall operating costs.

        Learn More About Fleet Management
    • Training
      • We offer operator training programs customized to your fleet and location, and we also offer technician forklift training to help your team perform in-house service on your forklift fleet.

        Learn More About Training
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  • Home
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  • Current: Alta Equipment Group Acquires PeakLogix, a Material Handling Solutions Provider and Systems Innovator

Alta Equipment Group Acquires PeakLogix, a Material Handling Solutions Provider and Systems Innovator


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06/02/2020
Alta Equipment Group Inc. (NYSE: ALTG), a Livonia-based industrial and construction equipment company, on Tuesday announced it will acquire PeakLogix, a material handling equipment supplier based in Midlothian, Virginia.

LIVONIA, Mich.--(BUSINESS WIRE)--Alta Equipment Group Inc. (NYSE: ALTG) today announced that it has entered into a definitive agreement to acquire PeakLogix, a national material handling systems integrator located in Midlothian, Virginia. PeakLogix specializes in the design and installation of warehouse automation and storage systems and is recognized for designing customer solutions using the latest equipment and technology advancements to deliver process improvement and automation to its customers. PeakLogix generated approximately $25 million in revenue and $2 million in operating income in FY2019.

Ryan Greenawalt, Chief Executive Officer of Alta, said, “The PeakLogix acquisition is a great strategic fit for Alta. The transaction is consistent with our strategy to grow our materials handling business, expand our geographic footprint and increase profitability through accretive acquisitions. PeakLogix will provide innovative, high technology products and service solutions across our materials handling business. We are excited to expand our scope and expertise in the fast-growing warehousing and logistics sector and to help these customers drive efficiency and productivity. We welcome Bob and Sandy Giberson and their team to the Alta family.”

Terms of the acquisition were not disclosed. The transaction is expected to close by the end of June, subject to customary conditions.

About Alta Equipment Group Inc.

Alta owns and operates one of the largest integrated equipment dealership platforms in the U.S. Through its branch network, the Company sells, rents, and provides parts and service support for several categories of specialized equipment, including lift trucks and aerial work platforms, cranes, earthmoving equipment and other industrial and construction equipment. Alta has operated as an equipment dealership for 35 years and has developed a branch network that includes 43 total locations across Michigan, Illinois, Indiana, New England, New York and Florida. Alta offers its customers a one-stop-shop for most of their equipment needs by providing sales, parts, service, and rental functions under one roof. More information can be found at www.altaequipment.com.

Forward-Looking Statements

This press release includes certain statements that may constitute “forward-looking statements” for purposes of the federal securities laws, including information regarding purchases by the Company of its common stock pursuant to any Rule 10b5-1 trading plans. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. By their nature, forward-looking information and statements are subject to risks, uncertainties, and contingencies, including changes in price and volume and the volatility of the Company’s common stock; adverse developments affecting either or both of prices and trading of exchange-traded securities, including securities listed on the New York Stock Exchange; and unexpected or otherwise unplanned or alternative requirements with respect to the capital investments of the Company. The Company does not undertake to update any forward looking statements or information, including those contained in this report.

Contacts

Investors:
Bob Jones / Taylor Krafchik
Ellipsis
IR@altaequipment.com
(646) 776-0886

Media:
Glenn Moore
Alta Equipment
glenn.moore@altaequipment.com
(248) 305-2134

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