Fairbank Equipment Acquires G&R Ag Products

Pfingsten Partners Acquires Fairbank Equipment Inc.

January 6, 2022

Agriculture

Pfingsten Partners, a Chicago-based private equity firm, has acquired Fairbank Equipment, Inc. from Great Range Capital. TM Capital served as exclusive advisor to the seller; Great Range Capital had owned Fairbank since December 2012 and supported its expansion into fertilizer and propane markets.

Pfingsten-backed Fairbank Equipment Acquires Big W Sales

March 5, 2024

Agriculture

Pfingsten's portfolio company Fairbank Equipment, Inc. has acquired Big W Sales, Inc., a Stockton, California-based distributor and manufacturer of agricultural parts, trailers, tanks and equipment. The transaction, which closed on January 2, 2024, expands Fairbank's footprint into California and broadens the combined group's distribution and manufacturing capabilities across the western United States; Big W's leadership will remain as shareholders and continue operating the business.

Grote Company Acquires ProFab

April 23, 2024

Manufacturing

Grote Company, a Columbus, Ohio-based food processing equipment manufacturer, has acquired ProFab, a Springdale, Arkansas-based manufacturer of conveyors and provider of millwright and process piping services for the food (notably poultry) industry. ProFab will remain a standalone operation in Springdale while being integrated into Grote Company's family of brands to expand its capabilities and presence in the food processing and poultry markets.

BFG Supply (Incline Equity Partners) Acquires Gard'N-Wise Distributors

December 17, 2020

Logistics & Distribution

BFG Supply, a portfolio company of Incline Equity Partners, has acquired Gard'N-Wise Distributors, a regional distributor of lawn & garden products and greenhouse equipment. The deal is an add-on acquisition that expands BFG's geographic footprint and distribution capabilities across the Midwest, Southwest and Mountain West regions.

EverAg Acquires Partners for Production Agriculture

May 10, 2022

Agriculture

EverAg, an agtech provider based in Frisco, Texas, has acquired Partners for Production Agriculture (PFPAg), a provider of livestock risk management, market intelligence and commodity marketing services for swine and cattle producers. The acquisition expands EverAg's livestock risk-management capabilities and will integrate PFPAg services with EverAg's Vault software and broader grain/feed expertise to better serve producers and commercial agribusiness customers.

American Industrial Partners Acquires AGCO's Grain & Protein Business

July 25, 2024

Manufacturing

American Industrial Partners (AIP) has acquired AGCO Corporation's Grain & Protein division in an all-cash divestiture, creating a standalone, privately held business rebranded as Grain & Protein Technologies. The business, which operates leading brands including GSI, Cumberland, AP, Tecno and Cimbria, generates approximately $1 billion in annual revenue, employs ~3,200 people across 14 manufacturing facilities globally, and will be led by CEO Jacob Thomas.