Dover Corporation acquires Bulloch Technologies, Inc.
Snapshot
Dover Corporation acquired Bulloch Technologies, Inc. for $121.9 million in January 2024. The transaction was structured as all cash. Bulloch Technologies, Inc. is a Canada-based Clean Energy & Fueling business.
- Acquirer
- Dover Corporation
- Target
- Bulloch Technologies, Inc.
- Value
- $121.9 million
- Date
- January 2024
- Type
- full acquisition
- Status
- ready
The deal at a glance
About this deal
Dover Corporation acquired Bulloch Technologies, Inc. for $121.9 million, a transaction completed in January 2024, structured as all cash.
Bulloch Technologies, Inc. operates in Clean Energy & Fueling, is based in Canada. Bulloch Technologies, Inc. is a provider of point-of-sale (POS), forecourt controller and electronic payment server solutions to the convenience retail industry. Acquired 100 percent of the equity interests for $121.9 million, net of cash acquired and inclusive of contingent consideration.
Bulloch deepens Dover's retail fueling software and payments capability within Clean Energy & Fueling.
Clean Energy & Fueling
No advisory firms have been disclosed for this transaction.