Labor, Technology and Consolidation, a Member Perspective on the 2024 Material Handling Business Trends

Registration Information:

This webinar will take place on September 21 from 12pm-1pm CT. This is a FREE Webinar and is open to all MHEDA Members. Everyone is required to complete the registration form to save a seat.

Webinar Description:

MHEDA recently published the 2024 Material Handling Business Trends, and members all have different perspectives on how to handle upcoming trends and challenges. Join Ade Okunubi, CEO of EV Services Group and former private equity executive to talk through the top three challenges the material handling industry faces today: Labor, Technology and Consolidation. Specifically learn about how these trends will impact the traditional independent forklift dealership.

Top Takeaways:

  • Understanding the forklift technician landscape and recommendations on how to deal with the shortage of technicians.
  • Understanding technology trends and the impacts to an independent forklift dealership
  • Understanding the effects of consolidation and what opportunities an independent forklift dealership may have.

About the Speaker:

Adenrele Okunubi

Ade is President of EV Services Group, an industrial charger service and distributor. Prior to acquiring Industrial Battery, Mr. Okunubi served as Chief Operating Officer of Techni-Tool, a distributor of Aerospace cutting tools, and Investment Associate for Arcis Equity Partners LLC, a leisure and hospitality focused private equity fund.

Prior to working in private equity and in operation roles, Mr. Okunubi worked in the Mergers & Acquisitions group at Credit Suisse Group AG (NYSE: CS) and advised private equity firms and corporations on approximately $2.5 billion in transactions in the telecom, healthcare, retail and renewable energy sectors.

Prior to Credit Suisse Group AG, Mr. Okunubi was a Merger Arbitrage and High Yield Credit Trader at Taconic Capital Advisors LP, a New York-based event driven hedge fund.

Mr. Okunubi, a Queens, NY native, received an AB in Economics from Princeton University, and a MBA from the Harvard Business School. Mr. Okunubi is also a CFA Charter holder and member of the CFA Society of Dallas-Ft. Worth.