Titan Machinery Acquires Jaycox Implement, Inc.

Titan Machinery Acquires Scott Supply Co.

January 21, 2024

Retail

Titan Machinery Inc. (Nasdaq: TITN) acquired the assets of Scott Supply Co., a full-line combined Case IH and New Holland dealership in Mitchell, South Dakota. The dealership generated approximately $40 million in revenue for the trailing twelve months ended Dec. 31, 2023; the asset purchase closed on January 10, 2024 and expands Titan's footprint in eastern South Dakota.

Titan Machinery Acquires Heartland AG Systems

August 2, 2022

Agriculture

Titan Machinery (NASDAQ: TITN) has acquired Heartland AG Systems, Inc., the largest CASE IH application equipment distributorship in North America and a leading distributor of sprayer parts and accessories. D.A. Davidson served as exclusive financial advisor to Heartland; the sellers were Heartland's ownership group (including Bob Caldwell, Gordon Glade and Jeff Keller). The acquisition expands Titan's parts, service and distribution footprint across the Midwest and western U.S.

Wolter Inc. Acquires Midway Industrial Equipment

January 7, 2025

Industrial Services

Wolter Inc., a Brookfield, Wisconsin-based material handling solutions provider, has acquired Midway Industrial Equipment, a full-service forklift and material handling dealer with locations in Sugar Grove and University Park, Illinois. The acquisition expands Wolter's product and service capabilities — including rentals, parts, and maintenance — and strengthens its presence in the Midwest.

Ag-Pro Acquires Findlay Implement Company

March 16, 2022

Retail

Ag-Pro acquired Findlay Implement Company on March 16, 2022. Findlay Implement, founded in 1972, operated eight John Deere dealership locations across Northwest Ohio; the acquisition expands Ag-Pro's footprint and service capacity in Ohio, providing customers with greater parts, inventory and technician resources.

Sonsray Machinery Acquires Booth Machinery

September 30, 2021

Retail

Sonsray Machinery, a CASE construction equipment dealer based in Torrance, California, has acquired Booth Machinery, a Case IH agricultural equipment dealership. The deal adds five Booth Machinery locations (Bakersfield, Five Points, Fresno and Salinas in California, and Yuma in Arizona) and expands Sonsray into the agriculture market and parts/service footprint.

Manitowoc Acquires Aspen Equipment

September 1, 2021

Industrial Services

The Manitowoc Company, Inc. completed the acquisition of substantially all the assets of Aspen Equipment Company for approximately $51 million. The purchase expands Manitowoc's direct-to-customer footprint in Iowa, Nebraska and Minnesota and adds Aspen's crane dealership, parts & service capabilities and final-stage work-truck upfitting expertise to complement Manitowoc's National Crane boom truck and aftermarket businesses.