Marathon Capital Sells Large Industrial Equipment Reseller

By: PowerPro Equipment, PowerPro Rents
 
READING, Pa. - June 15, 2015 - PRLog -- Lancaster County headquartered PowerPro, Inc. and its sister company PowerPro Rents, Inc. have been sold to Hurst Enterprises. Terms of the transaction have not been disclosed. The PowerPro companies have been serving the commercial and industrial equipment needs of contractors with  Pettibone rough terrain lifts, Hydro Mobile mast climbing scaffolds, Hustler turf zero turn mowers, Mahindra tractors and many others for more than 20 years through its three Pennsylvania  and one New Jersey sales, service and rental centers.

The PowerPro companies employ 50 employees. Under the leadership of Dwight Hurst, the companies intend to continue operating as they have been operating. Earl Martin, former President and owner of PowerPro will remain with the company as an advisor to Mr. Hurst.

Marathon Capital Advisors, Wyomissing, PA., served as the strategic advisor to the PowerPro companies during the sale process. Marathon was founded in 2006 and serves privately owned businesses with Merger & Acquisition Advisory services, business brokerage, strategic planning and offers interim CEO/COO transitional assistance.

For more information, please contact Ray Melcher, President, of Marathon Capital Advisors at 610-898-8086 x22 or rmelcher@vrmarathon.com

Media Contact
rmelcher@vrmarathon.com
rmelcher@vrmarathon.com
610-898-8086
End
Source:PowerPro Equipment, PowerPro Rents
Email:***@vrmarathon.com
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Tags:Businesses Sold, Local Transactions, Banking
Industry:Banking, Construction
Location:Reading - Pennsylvania - United States
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