Titan Machinery Acquires Scott Supply Co.
January 21, 2024
Titan Machinery Inc. (Nasdaq: TITN) acquired the assets of Scott Supply Co., a full-line combined Case IH and New Holland dealership in Mitchell, South Dakota. The dealership generated approximately $40 million in revenue for the trailing twelve months ended Dec. 31, 2023; the asset purchase closed on January 10, 2024 and expands Titan's footprint in eastern South Dakota.
- Buyers
- Titan Machinery Inc.
- Targets
- Scott Supply Co.
- Sellers
- Scott Supply Co.
- Industry
- Retail
- Location
- South Dakota, United States
- Transaction Type
- Buyout
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