M&A Deal Summary

AgJunction Acquires Forkworks - GAC2 Controller

On December 19, 2016, AgJunction acquired software company Forkworks - GAC2 Controller from Forkworks

Acquisition Highlights
  • This is AgJunction’s 1st transaction in the Software sector.
  • This is AgJunction’s 1st transaction in Argentina.

M&A Deal Summary

Date 2016-12-19
Target Forkworks - GAC2 Controller
Sector Software
Buyer(s) AgJunction
Sellers(s) Forkworks
Deal Type Divestiture

Target

Forkworks - GAC2 Controller

Santa Fe, Argentina
Forkworks - GAC2 Controller is a provider of software products in Argentina.

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Buyer(S) 1

Buyer

AgJunction

Scottsdale, Arizona, United States

Category Company
Founded 1990
Sector Technology Hardware
Employees55
Revenue 16M USD (2020)
DESCRIPTION

AgJunction is a provider of hardware and software applications for precision agriculture. The Company holds more than 140 patents and markets its products and services under brand names that include Novariant, Outback Guidance, and Satloc. AgJunction was founded in 1990 and is based in Scottsdale, Arizona.


DEAL STATS #
Overall 2 of 2
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (Argentina) 1 of 1
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-20 Novariant

Fremont, California, United States

Novariant, Inc. is an industrial solutions provider for precision positioning, intelligent control systems, and positioning infrastructures. Novariant was founded in 1994 and is based in Fremont, California.

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Seller(S) 1

SELLER

Forkworks

Santa Fe, Argentina

Category Company
Sector Technology Hardware
DESCRIPTION

Forkworks is a provider of cutting-edge hardware and software solutions and applications for precision agriculture.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (Argentina) 1 of 1
Year (2016) 1 of 1