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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