Core Insights - D.A. Davidson & Co. acted as the exclusive financial advisor for Alamo Group Inc. in its acquisition of Petersen Industries, Inc. This acquisition is expected to enhance Alamo's industrial equipment segment [1][3] Company Overview - Alamo Group Inc. is recognized as a leading global manufacturer of high-quality industrial and vegetation management equipment [1] - Petersen Industries, Inc. specializes in innovative truck-mounted grapple loader equipment, primarily serving governmental customers for bulky waste collection [2] Strategic Importance - The acquisition of Petersen aligns with Alamo's strategy to acquire profitable companies that possess innovative and attractive product portfolios, targeting stable and steadily growing end-markets [3] - D.A. Davidson's involvement in this transaction underscores the success of its Machinery & Equipment practice and the momentum within its Diversified Industrials Investment Banking Group [3]