M&A Deal Summary

Argonne Capital Group Acquires LandPro Equipment

On February 7, 2017, private equity firm Argonne Capital Group acquired machinery company LandPro Equipment

Acquisition Highlights
  • This is Argonne Capital Group’s 1st transaction in the Machinery sector.
  • This is Argonne Capital Group’s 8th transaction in the United States.
  • This is Argonne Capital Group’s 1st transaction in New York.

M&A Deal Summary
Date 2017-02-07
Target LandPro Equipment
Sector Machinery
Buyer(s) Argonne Capital Group
Deal Type Consolidation

Target

LandPro Equipment

Falconer, New York, United States
LandPro Equipment is specialized in agriculture hardware, yard, and nursery items, utility vehicles, business worksite items, and golf and turf gear. LandPro Equipment is based in Falconer, New York.

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Buyer(S) 1

Buyer

Argonne Capital Group

Atlanta, Georgia, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2003
Size Small
Type Sector Agnostic
DESCRIPTION

Argonne Capital Group is a private investment firm that looks to acquire majority interests in cash flow positive companies. Argonne seeks businesses that can benefit from the firm's real estate and financing experience in terms of growth through new unit development. Sectors of interest include restaurants, retail, manufacturing, distribution, fitness, consumer services, dealerships, and light industrial. The Firm can commit up to $100 million per transaction and general targets companies with cash-flow of $5 to $75 million. Argonne Capital Group was established in 2003 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 8 of 9
Sector (Machinery) 1 of 1
Type (Consolidation) 1 of 1
State (New York) 1 of 1
Country (United States) 8 of 9
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-29 The Lube Stop

Berea, Ohio, United States

The Lube Stop, Inc. is a quick oil change company. Serving tens of thousands of customers each month, our oil changes and preventative vehicle maintenance services are performed by a well-trained team of experts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-19 Krystal

Dunwoody, Georgia, United States

Krystal is an operator of a chain of restaurants well known for its signature menu item, the famous Krystal Burger, with its steamed-in onion flavor. Krystal hamburgers are still served fresh and hot off the grill on the iconic square bun at 300 restaurants in 10 states. Krystal was founded in 1932 and is based in Dunwoody, Georgia.

Sell -
Mergr

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