Dover Corporation acquired So. Cal. Soft-Pak, Inc. (Soft-Pak) for $45.5 million, a transaction completed in February 2020, structured as all cash.
So. Cal. Soft-Pak, Inc. (Soft-Pak) operates in Engineered Products. So. Cal. Soft-Pak, Incorporated (Soft-Pak) is a specialized provider of integrated back office, route management and customer relationship management software solutions to the waste and recycling fleet industry. Acquired 100 percent of the voting stock for $45.5 million, net of cash acquired.
Soft-Pak adds waste/recycling fleet software (back office, routing, CRM) to Dover's environmental solutions.
Engineered Products
Advisory firms were not disclosed for this transaction.