EBSCO Capital announces the acquisition of Bailey International (“Bailey”), an industry leader in the manufacturing and distribution of mobile hydraulic power solutions, headquartered in Knoxville, TN.“A strong marketposition; complementary sourcing, manufacturing, and distribution capabilities;a multi-channel sales approach serving a diverse customer base; a deep-rootedcommitment to customer service; and a proven and talented team made Bailey anideal acquisition for EBSCO Industries,” said Nathan Bouknight, ManagingDirector of EBSCO Capital.For over forty years,Bailey has served a diverse group of mobile equipment OEMs, distributors andaftermarket customers – providing a broad range of hydraulic andelectro-hydraulic components under the Bailey™, Chief™, Maxim™, and SureGrip™brand names. With a product selection of more than 5,000 standard items, Baileyserves a diverse range of customers in transportation, agriculture,construction, and other mobile hydraulic end markets.“I cannot imaginea better partner than EBSCO,” said Bailey’s CEO, Ken Baker. “Theirtrack record of acquiring and organically growing strong and durablebusinesses, commitment to our growth strategy, significant capital position,long-term point-of-view, shared values in excellent customer service, andthriving entrepreneurial culture make this transition even more exciting. TheBailey team and I look forward to the even stronger company we will createtogether with EBSCO.”