The Toro Company Acquires Intimidator Group (Spartan Mowers)

January 14, 2022

The Toro Company has acquired privately held Intimidator Group, the Arkansas-based maker of Spartan Mowers and Intimidator UTVs, for $400 million. The acquisition expands Toro's position in the zero-turn mower market, adds a complementary product lineup sold through an established dealer network, and will maintain manufacturing operations in Batesville, Arkansas.

Buyers
The Toro Company
Targets
Intimidator Group
Sellers
Robert and Becky Foster
Industry
Manufacturing
Location
Arkansas, United States
Transaction Type
Buyout

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