M&A Deal Summary

PartsASAP Acquires Combine World

On January 8, 2021, PartsASAP acquired machinery company Combine World

Acquisition Highlights
  • This is PartsASAP’s 2nd transaction in the Machinery sector.
  • This is PartsASAP’s 1st transaction in Canada.
  • This is PartsASAP’s 1st transaction in Manitoba.

M&A Deal Summary

Date 2021-01-08
Target Combine World
Sector Machinery
Buyer(s) PartsASAP
Deal Type Add-on Acquisition

Target

Combine World

Alexander, Manitoba, Canada
Combine World, Inc. is a supplier of new, used, and reconditioned farm and light construction equipment and replacement parts. Combine World specializes in alternative parts for combines.

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Buyer(S) 1

Buyer

PartsASAP

De Soto, Iowa, United States

Category Company
Founded 1998
Sector Retail
DESCRIPTION

PartsASAP is a supplier of used, rebuilt and aftermarket parts (collectively, “Alternative Parts”) for all makes and models of tractors, combines, and other farm machinery. The Company is a buyer of salvage agriculture equipment in the U.S. and maintains an extensive inventory of parts to support all OEM brands. ASAP provides a compelling value proposition to its customers based upon the price, availability, and warranty on its parts. PartsASAP was founded in 1998 and is based in De Soto, Iowa.


DEAL STATS #
Overall 3 of 10
Sector (Machinery) 2 of 2
Type (Add-on Acquisition) 3 of 10
State (Manitoba) 1 of 1
Country (Canada) 1 of 1
Year (2021) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-15 H&R Parts

Buffalo, New York, United States

H&R Parts is an independent value-added dismantler and supplier of new, used, reconditioned, and rebuilt heavy equipment parts to OEM dealers, wholesalers, and retailers. H&R was founded in 1984 and is based in Buffalo, New York.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-11 TractorJoe

Plymouth, Minnesota, United States

TractorJoe is a direct-to-consumer online distributor of new and used replacement parts for tractors and other agriculture machinery. TractorJoe is based in Plymouth, Minnesota.

Buy -