MVA Represents Compact Power Equipment, Inc., in Acquisition by The Home Depot
Moore & Van Allen PLLC attorney Michael E. Zeller led the team representing Compact Power Equipment, Inc. in a definitive purchase agreement with The Home Depot® for $265 million in cash. The transaction closed on Tuesday, July 25, 2017.
The deal enhances the relationship between the two companies, which began in 2009. Compact Power Equipment, Inc. currently provides compact equipment rentals at more than 1,000 Home Depot stores in the United States and Canada and maintenance services to a range of customers through its subsidiary, Compact Power Services LLC.
Roger Braswell, Founder and CEO of Compact Power Equipment noted, “I have worked with Moore & Van Allen since 1976. The firm’s handling of this transaction was masterful and showed a great grasp of both the details and our overarching strategy.”