M&A Deal Summary

Titan Machinery Acquires Scott Supply

On January 11, 2024, Titan Machinery acquired distribution company Scott Supply

Acquisition Highlights
  • This is Titan Machinery’s 7th transaction in the Distribution sector.
  • This is Titan Machinery’s 20th transaction in the United States.
  • This is Titan Machinery’s 4th transaction in South Dakota.

M&A Deal Summary

Date 2024-01-11
Target Scott Supply
Sector Distribution
Buyer(s) Titan Machinery
Deal Type Add-on Acquisition

Target

Scott Supply

Mitchell, South Dakota, United States
website
Scott Supply is a supplier of tractors, planting and seeding equipment, application equipment, harvesting, tillage, hay and forage equipment. Scott Supply is based in Mitchell, South Dakota.

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Buyer(S) 1

Buyer

Titan Machinery

West Fargo, North Dakota, United States

website


Category Company
Founded 1980
Sector Retail
Employees2,288
Revenue 1.7B USD (2022)
DESCRIPTION

Titan Machinery is an owner and operater of a network of full service agricultural and construction equipment stores in the United States and Europe. The Titan Machinery network consists of 97 North American dealerships in North Dakota, South Dakota, Iowa, Minnesota, Montana, Nebraska, Wyoming, Wisconsin, Colorado, Arizona, and New Mexico, including three outlet stores, and 16 European dealerships in Romania, Bulgaria, Serbia, and Ukraine. Titan Machinery was founded in 1980 and is based in West Fargo, North Dakota.


DEAL STATS #
Overall 22 of 22
Sector (Distribution) 7 of 7
Type (Add-on Acquisition) 22 of 22
State (South Dakota) 4 of 4
Country (United States) 20 of 20
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-30 O’Connors

Horsham, Australia

O’Connors is a Case IH dealership group that delivers new and used equipment, parts, and services through its 15 dealerships and 1 parts location located in the Australian southeastern grain belt, which includes the regions of Victoria, New South Wales, and South Australia. The company is a distributor for more than 25 short-line equipment brands, providing an impressive range of complementary offerings to its core Case IH line of products, and has a strong parts and service business that provides a reliable recurring revenue stream. O’Connors is based in Horsham, Australia.

Buy $63M