Versalift Acquires MAP Enterprises, executes on Southeast Distribution Expansion Plan

WACO, Texas, Aug. 27, 2018 /PRNewswire/ -- Versalift, a Time Manufacturing Company announced today that it has acquired MAP Enterprises in a deal that expands the company-owned distributor "Versalift Southeast" into North and South Carolina. Versalift has been manufacturing aerial lifts, digger derricks, cable placers and other high reach equipment since the 1960's. With this acquisition it seeks to improve coverage for the region including sales, service, and its parts business. Under the Versalift Southeast banner the deal creates significant value for electric utility and telecommunications customers in the region.

Map Enterprises and Versalift have been working together for decades, and this deal expands Versalift's reach with an additional 18 work-bays, paint and body repair facilities, dielectric safety testing certifications, and an additional 27,000 square feet. As a wholly-owned Versalift distributor, Versalift Southeast will continue to provide and integrate the same leading quality, service, and care for the valued customers across the Carolinas.

"MAP Enterprises has always been a great partner," said Versalift CEO, Curt Howell. "With this acquisition, we expand our reach into North and South Carolina with trained technicians, a brilliant customer-centric team, and a best in class repair, maintenance and upfitting facility."

By creating Versalift Southeast, the aerial lift manufacturer who prides itself on safety, innovation, and superior manufacturing processes, extends its customer service initiatives. The new corporate brand pushes improvements to its service, response, engagement and delivery programs, into the Southeastern United States.

Versalift is a leading manufacturer of bucket trucks, digger derricks, aerial lifts and other specialty equipment for power generation, transmission and distribution, investor-owned utility, telecommunications, light and sign, and tree care industries. Working with co-ops, municipalities, government agencies and corporations through its global network of facilities and family of dealers, the company employs nearly 800 associates worldwide.

SOURCE Versalift

Related Links

http://www.versalift.com