EBSCO Industries Acquires Bailey International
Posted on September 12, 2019
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 market position; complementary sourcing, manufacturing, and distribution capabilities; a multi-channel sales approach serving a diverse customer base; a deep-rooted commitment to customer service; and a proven and talented team made Bailey an ideal acquisition for EBSCO Industries,” said Nathan Bouknight, Managing Director of EBSCO Capital.
For over forty years, Bailey has served a diverse group of mobile equipment OEMs, distributors and aftermarket customers – providing a broad range of hydraulic and electro-hydraulic components under the Bailey™, Chief™, Maxim™, and SureGrip™ brand names. With a product selection of more than 5,000 standard items, Bailey serves a diverse range of customers in transportation, agriculture, construction, and other mobile hydraulic end markets.
“I cannot imagine a better partner than EBSCO,” said Bailey’s CEO, Ken Baker. “Their track record of acquiring and organically growing strong and durable businesses, commitment to our growth strategy, significant capital position, long-term point-of-view, shared values in excellent customer service, and thriving entrepreneurial culture make this transition even more exciting. The Bailey team and I look forward to the even stronger company we will create together with EBSCO.”