Ultara Holdings Completes Sale of GeoShack and INTEQ Canadian Operations

June 2, 2020  –  The Brandt Group of Companies is pleased to announce that, effective June 1, they have reached an agreement with U.S.-based Ultara Holdings, Inc. to acquire the assets of GeoShack Canada Company and the Canadian assets of Inteq Distributors, subject to due diligence.

“We are very excited to add this highly respected team along with these key product lines and support services for our customers in Ontario and Quebec,” says Brandt CEO, Shaun Semple. “GeoShack and Inteq have built an impressive reputation over the years and we’re looking forward to working with them to build on that strong foundation as we expand our commitment to those markets.”

GeoShack is the long-time exclusive supplier for Topcon Positioning Systems equipment in Ontario, providing sales, service, and rentals of GPS, lasers, survey equipment, and more for the construction, survey, engineering, and agricultural industries. The company also delivers comprehensive machine control solutions for all OEM construction and forestry equipment brands.

“The combination of the GeoShack team and Brandt’s national infrastructure is going to be powerful for Ontario customers,” adds Ultara Holdings President, Scott Beathard. “We’ve worked very hard to build strong relationships and a solid operation in the Ontario market over the years and we’re completely confident that Brandt will continue to grow the business and provide unmatched value for clients in that market.”

Inteq Distributors is a complementary business with a Canadian distribution center in Exeter, Ontario that sells and services an extensive selection of construction instruments, optical equipment, survey supplies, and accessories.

The agreement is expected to close on June 26, 2020.

ABOUT ULTARA HOLDINGS

Ultara Holdings, Inc. owns and operates technology-based distributing and manufacturing companies throughout the US and Canada. Our portfolio of investments are industry-leading manufacturers, wholesale distributors and retail dealers of positioning, leveling, alignment, measurement, guidance and grade control solutions. We design, distribute and support productivity tools that enable our customers to do their jobs, better, smarter and faster. For more information visit: www.ultaraholdings.com

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