8.8.2017 // Sale of RPM Tech, Inc. to Alamo Group, Inc.

August 8, 2017 – R.P.M. Tech, Inc. announces it has been acquired by Alamo Group, Inc. Lenox Hill Capital Advisors served as Transaction advisor to RPM Tech working with the Company’s management and shareholders to explore strategic alternatives and coordinate an extensive sale process culminating in the sale of each of the Company’s two stand-alone divisions, TOR Truck Corporation and RPM Tech, Inc. in separate, unrelated transactions.