ALTA EQUIPMENT GROUP INC. shareholders approved Approval of first amendment to Company's 2020 Omnibus Incentive Plan at the 2026-05-29 meeting.
“Proposal 4 The Company’s stockholders voted on and approved the first amendment to the Company's 2020 Omnibus Incentive Plan based upon the following votes: For Against Abstain Broker Non-Votes 14,055,464 8,761,489 564,111 4,614,578”
Shareholder Votes
ALTA EQUIPMENT GROUP INC. shareholders approved Non-binding advisory vote on compensation paid to named executive officers at the 2026-05-29 meeting.
“Proposal 3 The Company’s stockholders approved in a non-binding advisory vote the compensation paid to our named executive officers based upon the following votes: For Against Abstain Broker Non-Votes 22,808,254 569,464 3,346 4,614,578”
Shareholder Votes
ALTA EQUIPMENT GROUP INC. shareholders approved Ratification of appointment of Deloitte & Touche LLP as independent registered public accounting firm for 2026 at the 2026-05-29 meeting.
“Proposal 2 The Company’s stockholders voted upon and approved the ratification of the appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for 2026 based upon the following votes: For Against Abstain Broker Non-Votes 27,615,942 378,905 795 —”
Shareholder Votes
ALTA EQUIPMENT GROUP INC. shareholders approved Election of three Class II director nominees at the 2026-05-29 meeting.
“Proposal 1 The three Class II director nominees named in our proxy statement were elected, each for a two-year term as set forth in the Company’s proxy statement dated April 15, 2026.”
Earnings Releases
ALTA EQUIPMENT GROUP INC. updated its 2026 fiscal year guidance (lowered).
“The Company updates our guidance range and now expects to report Adjusted EBITDA* between $167.5 million and $182.5 million for the 2026 fiscal year, primarily attributable to first quarter performance.”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported first quarter ended March 31, 2026 results: revenue $410.5 million, net income Net loss available to common stockholders of $(20.3) million, EPS $(0.62). Guidance reaffirmed.
“Exhibit 99.1 Alta Equipment Group Announces First Quarter 2026 Financial Results First Quarter Financial Highlights: • Total revenues decreased $12.5 million year over year to $410.5 million. On an organic basis*, revenues decreased $8.6 million year over year, or 2.1% • Material Handling revenues decreased $7.4 million year over year to $150.5 million, while”
Material Agreements
ALTA EQUIPMENT GROUP INC. entered into Cooperation Agreement with Mill Road Capital III, L.P. (effective 2026-01-21).
“On January 21, 2026, Alta Equipment Group Inc. (the “Company”), entered into a Cooperation Agreement (the “Cooperation Agreement”), between the Company and Mill Road Capital III, L.P. (“Mill Road”), pursuant to which the Company granted Mill Road the right to appoint one observer to attend meetings of the Board, including any meetings of the committees of the Board, and to participate in discussions of matters brought to the Board or any committee thereof.”
Colin Wilson was elected as Director at ALTA EQUIPMENT GROUP INC..
“elected Colin Wilson to join the Board of the Company, effective immediately, filling a vacancy.”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported the first quarter ended March 31, 2024 results: revenue $441.6 million, net income Net loss available to common stockholders of $(12.7) million, EPS Basic and diluted net loss per share of $(0.38). Guidance reaffirmed.
“Exhibit 99.1 Alta Equipment Group Announces First Quarter 2024 Financial Results First Quarter Financial Highlights: • Total revenues increased $20.9 million year over year to $441.6 million • Construction and Material Handling revenues of $255.6 million and $174.3 million, respectively • Product support revenues increased 6.5% year over year with Parts sales”
Zachary Savas resigned as Director at ALTA EQUIPMENT GROUP INC..
“On April 8, 2024, Zachary Savas informed the Board of his resignation, effective immediately, and wished the Company well in the future.”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported Full year 2023 results: revenue $1,876.8 million, net income $5.9 million, EPS $0.18.
“Total revenues increased $305.0 million year over year to $1,876.8 million”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported Q4 2023 results: revenue $521.5 million, net income $(2.7) million, EPS $(0.08).
“Total revenues increased 21.7% year over year to $521.5 million”
Sidhartha Nair was appointed as Director at ALTA EQUIPMENT GROUP INC..
“increased the size of the Board from five to six directors and subsequently appointed Sidhartha Nair to join the Board of the Company, effective immediately”
Jeff Hoover was appointed as Chief Legal Officer and General Counsel at ALTA EQUIPMENT GROUP INC..
“Alta Equipment Group Inc. (the “Company”) today announced that its Board of Directors (the “Board”) appointed Jeffrey (Jeff) Hoover as Chief Legal Officer and General Counsel of the Company, effective January 18, 2024.”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported Three months ended June 30, 2023 results: revenue Total revenues of $468.4 million, net income Net income of $1.7 million available to common stockholders, EPS Basic and diluted net income per share of $0.05. Guidance reaffirmed.
“Total revenues increased 15.2% year over year to $468.4 million • Construction and Material Handling revenues of $281.5 million and $169.1 million, respectively • Newly introduced reporting segment, Master Distribution, with revenues of $21.4 million • Product Support revenues increased 19.1% year over year with Parts Sales increasing to $71.3 million and Service Revenues increasing to $59.7 million • New and Used Equipment sales grew 17.2% to $254.6 million • Net income of $1.7 million available to common stockholders compared to $5.4 million in 2022 • Basic and diluted net income per share of $0.05 for 2023 compared to $0.17 in 2022 • Adjusted basic and diluted net income per share* of $0.19 for 2023 compared to $0.26 for 2022 • Adjusted EBITDA* grew 20.5% to $49.9 million, compared to $41.4 million in 2022 • Reaffirmed 2023 Adjusted EBITDA guidance of between $180 to $188 million”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported the three months ended June 30, 2023 results: revenue between $462.0 million to $472.0 million, net income between $(1.4) million and $4.3 million.
“the Company expects to report that it had (i) revenue between $462.0 million to $472.0 million for the three months ended June 30, 2023, (ii) TTM revenue between $1,716.3 million and $1,726.3 million as of June 30, 2023, (iii) net income (loss) between $(1.4) million and $4.3 million, (iv) Adjusted EBITDA between $48.0 million to $50.5 million for the three months ended June 30, 2023, and (v) TTM Adjusted EBITDA between $175.5 million and $178.0 million as of June 30, 2023.”
Debt Financings
ALTA EQUIPMENT GROUP INC. amended revolving credit of increase the maximum borrowing capacity of its revolving floor plan facility by $10 million from $60 million to $70 mill with JP Morgan Chase Bank, N.A., as Administrative Agent.
“(iii) increase the maximum borrowing capacity of its revolving floor plan facility by $10 million from $60 million to $70 million”
Debt Financings
ALTA EQUIPMENT GROUP INC. amended revolving credit of increasing borrowing capacity from $430 million to $485 million with JP Morgan Chase Bank, N.A., as Administrative Agent.
“(i) exercise $55 million of the Company’s expansion option currently included in the Company’s asset-based revolving line of credit increasing borrowing capacity from $430 million to $485 million”
Material Agreements
ALTA EQUIPMENT GROUP INC. amended Amended and Restated ABL First Lien Credit Agreement and Floor Plan First Lien Credit Agreement with JP Morgan Chase Bank, N.A., as Administrative Agent valued at Increased borrowing capacity under asset-based revolving line of credit from $430 million to $485 mi (effective 2023-06-28).
“On June 28, 2023 Alta Equipment Group Inc. (the “Company”) amended its Sixth Amended and Restated ABL First Lien Credit Agreement along with its Sixth Amended and Restated Floor Plan First Lien Credit Agreement, both dated April 1, 2021, by and between the Company and other credit parties named therein, and the lender JP Morgan Chase Bank, N.A., as Administrative Agent. The amendment will, among other things, (i) exercise $55 million of the Company’s expansion option currently included in the Company’s asset-based revolving line of credit increasing borrowing capacity from $430 million to $485 million; (ii) provide for a $65 million expansion option allowing the Company to further increase borrowing capacity under the asset-based revolving line of credit to $550 million; (iii) increase the maximum borrowing capacity of its revolving floor plan facility by $10 million from $60 million to $70 million; (iv) provide for a $20 million expansion option allowing the Company to further increas”
Shareholder Votes
ALTA EQUIPMENT GROUP INC. shareholders approved Advisory Vote on Executive Compensation at the 2023-06-09 meeting.
“Proposal 3 The Company’s stockholders approved in a non-binding advisory vote the compensation paid to our named executive officers based upon the following votes: For Against Abstain Broker Non-Votes 27,121,439 196,718 2,454 1,935,619”
Shareholder Votes
ALTA EQUIPMENT GROUP INC. shareholders approved Ratification of Appointment of Deloitte & Touche LLP as Independent Registered Public Accounting Firm for 2023 at the 2023-06-09 meeting.
“Proposal 2 The Company’s stockholders voted upon and approved the ratification of the appointment of Deloitte & Touche LLP to serve as the Company’s independent registered public accounting firm for 2023 based upon the following votes: For Against Abstain Broker Non-Votes 29,254,051 1,978 201 —”
Shareholder Votes
ALTA EQUIPMENT GROUP INC. shareholders approved Election of Class I Directors at the 2023-06-09 meeting.
“Proposal 1 The two Class I director nominees named in our proxy statement were elected, each for a two-year term as set forth in the Company’s proxy statement dated April 27, 2023. The following table sets forth the vote of the stockholders at the Meeting with respect to the election of directors: Nominee For Against Abstain Broker Non-Votes Daniel Shribman 15,499,450 — 11,821,161 1,935,619 Katherine E. White 15,625,855 — 11,694,756 1,935,619”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported first quarter ended March 31, 2023 results: revenue $420.7 million, net income $0.2 million, EPS $0.01. Guidance raised.
“Results and Increases Adjusted EBITDA Guidance for 2023 First Quarter Financial Highlights: (comparisons are year over year) • Total revenues increased 26.8% year over year to $420.7 million • Construction and Material Handling revenue of $233.1 million and $164.8 million, respectively • Introduced separate reporting segment, Master Distribution, with revenue of”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported the fourth quarter ended December 31, 2022 results: revenue $428.6 million, net income $(1.5) million, EPS $(0.05).
“Results and Provides Adjusted EBITDA Guidance for 2023 Fourth Quarter Financial Highlights: (comparisons are year over year) • Total revenues increased 20.3% year over year to $428.6 million • Construction and Material Handling revenue of $269.0 million and $154.3 million, respectively • Product Support revenue increased 25.4% year over year with Parts Sales”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported the year ended December 31, 2022 results: revenue $1,571.8 million, net income $6.3 million, EPS $0.20. Guidance initiated.
“million. The deal was closed on March 1, 2023. 2022 Full Year Financial Highlights: (comparisons are year over year) • Total revenues increased $359.0 million year over year to $1,571.8 million • Construction and Material Handling revenue of $995.8 million and $570.7 million, respectively • Product Support revenue increased $97.4 million year over year to $441.4 million”
Earnings Releases
ALTA EQUIPMENT GROUP INC. reported the third quarter ended September 30, 2022 results: revenue $405.0 million, net income $4.4 million, EPS $0.14. Guidance raised.
“Results And Raises 2022 Guidance for Adjusted EBITDA Third Quarter Financial Highlights: (comparisons are year over year) • Total revenues increased 37.3% year over year to $405.0 million • Construction and Material Handling revenue of $249.7 million and $155.3 million, respectively • Product Support revenue increased $29.4 million year over year to $116.1 million”
Craig Brubaker was appointed as Chief Operating Officer at ALTA EQUIPMENT GROUP INC..
“Alta Equipment Group Inc. (the “Company”) today announced that its Board of Directors (the “Board”) appointed Craig Brubaker, effective April 12, 2022, as Chief Operating Officer of the Company.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.