Platinum Equity Acquires Majority Interest in Tarter Farm and Ranch Equipment
April 3, 2023
Platinum Equity acquired a majority interest in Tarter Farm and Ranch Equipment from affiliates of the company's founders; financial terms were not disclosed and the Tarter family remains a minority shareholder. Tarter, founded in 1945, manufactures farm and ranch equipment with production facilities in Kentucky and a manufacturing/distribution center in Corinne, Utah; Stephen Frazier will serve as CEO going forward.
- Buyers
- Platinum Equity
- Targets
- Tarter Farm and Ranch Equipment
- Sellers
- Affiliates of the company's founders
- Industry
- Manufacturing
- Location
- Kentucky, United States
- Transaction Type
- Buyout
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