Summit Equity Group & Midwest Growth Partners Acquire Livingston Machinery Company; Create Ag Solutions Group Platform
April 9, 2021
Summit Equity Group and Midwest Growth Partners, with co-investor Northcreek Mezzanine and Livingston management, acquired Livingston Machinery Company by purchasing stock held in the company’s ESOP and capitalized Ag Solutions Group Holding Company, LLC to combine Livingston with Ag Solutions Group. The move creates a scaled agricultural equipment dealer platform serving multiple Midwest and Southern states and provides capital for growth, M&A and management succession.
- Buyers
- Summit Equity Group, Midwest Growth Partners, Northcreek Mezzanine, Livingston Machinery management
- Targets
- Livingston Machinery Company, Ag Solutions Group
- Sellers
- Livingston Machinery Employee Stock Ownership Plan (ESOP)
- Platforms
- Ag Solutions Group Holding Company, LLC (Ag Solutions Group)
- Industry
- Agriculture
- Location
- Oklahoma, United States
- Transaction Type
- Addon
Explore More
Build a buyer list for your deal
Find active buyers from recent acquisition patterns and move straight into outreach.