January 31, 2024

Bulloch Technologies, Inc. acquired by Dover

Goodmans LLP acted for Bulloch Technologies, Inc. in connection with its acquisition by Dover. Specializing in point-of-sale forecourt controller and electronic payment server solutions for the convenience retail sector, Bulloch was acquired for C$150 million, subject to customary adjustments and with additional contingent consideration tied to future growth of the business.

Following the acquisition, Bulloch will integrate into the Dover Fuelling Solutions operating unit, positioned within Dover's Clean Energy and Fueling segment. The legal representation by Goodmans facilitated the strategic acquisition, aligning Bulloch with Dover's broader objectives in the fueling industry. The transaction underscores the value of Goodmans' role in navigating and finalizing significant corporate ventures within the dynamic landscape of mergers and acquisitions.

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