EBSCO Capital recently acquired 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.”