Acquisition Opportunity Midway Industrial Equipment was recently acquired by Wolter, Inc. at the start of 2025, presenting a chance to align with Wolter’s broader forklift and material handling network for cross-sell of services and parts across additional locations and customer segments.

Growth Potential As a fast-growing full-service forklift and material handling company with a revenue range of 10 to 25 million, Midway represents an expanding market footprint with potential upsell opportunities in fleet expansion, maintenance contracts, and value-added services.

Regional Focus Located in Chicagoland and positioned as Hyundai forklift dealer, there is potential to target nearby manufacturing and logistics hubs in Illinois for dealership partnerships, service contracts, and fleet optimization projects.

Technology Enablement Midway’s tech stack includes cloud, analytics, and digital advertising tools, suggesting openness to digital marketing, e-commerce parts sales, telematics, and connected service offerings to modernize fleet management for customers.

Financial Scale With a mid-market revenue profile and a workforce under 100, there is room to pursue scalable service agreements, preventative maintenance programs, and financing or leasing options that fit mid-size manufacturing and distribution clients in the region.