Overhead Door buys Motion Access to boost Horton service arm
What's the deal? Overhead Door CorporationDealroom has a profile for this one. Try Dealroom → has acquired the assets of Motion Access, LLCDealroom has a profile for this one. Try Dealroom →, an Elk Grove Village, Illinois-based provider of automatic pedestrian door solutions. Terms were not disclosed. Motion Access will keep its name and operate under Horton AutomaticsDealroom has a profile for this one. Try Dealroom →, a division of Overhead Door.
Who's involved? Overhead Door, based in Lewisville, Texas, makes door and access solutions across residential, commercial, and industrial markets, serving more than 4,500 distribution partners. Motion Access specialises in door operators, replacement parts, retrofit solutions, and rebuilt equipment for automatic door professionals across North America.
What's the endgame? The deal expands Overhead Door's aftermarket and service capabilities and broadens its product range. "This acquisition strengthens our aftermarket and service capabilities, expands our product offering," said Kelly Terry, president and chief executive officer of Overhead Door.
Why now? Motion Access's owners — Joseph Madden, Robert Oakley, Gilbert Valencia, and Michael Valencia — framed the sale as finding a long-term home. They said the partnership would "create new opportunities for our employees, strengthen the value we provide our customers, and support the continued growth of the business."
Context: Overhead Door invented the first upward-acting door in 1921 and the first automatic sliding door in 1954. It sells under brands including GenieDealroom has a profile for this one. Try Dealroom →, Horton Automatics, Wayne DaltonDealroom has a profile for this one. Try Dealroom →, and WonDoorDealroom has a profile for this one. Try Dealroom →, and is a subsidiary of Tokyo-based Sanwa Holdings CorporationDealroom has a profile for this one. Try Dealroom →.
The signal: Buying a specialist aftermarket player signals Overhead Door's push to deepen recurring service revenue, not just new-equipment sales — a common route to margin growth in mature industrial markets.
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