M&A Deal Summary

PartsASAP Acquires TractorJoe

On January 11, 2021, PartsASAP acquired automotive company TractorJoe

Acquisition Highlights
  • This is PartsASAP’s 1st transaction in the Automotive sector.
  • This is PartsASAP’s 3rd transaction in the United States.
  • This is PartsASAP’s 1st transaction in Minnesota.

M&A Deal Summary
Date 2021-01-11
Target TractorJoe
Sector Automotive
Buyer(s) PartsASAP
Deal Type Add-on Acquisition
Advisor(s) Cooley (Legal)

Target

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.

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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 4 of 10
Sector (Automotive) 1 of 4
Type (Add-on Acquisition) 4 of 10
State (Minnesota) 1 of 1
Country (United States) 3 of 9
Year (2021) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-08 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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-19 Yesterday s Tractor

Port Townsend, Washington, United States

Yesterday's Tractor is a retailer of antique tractor parts. Additionally, the Company provides antique tractor owners with an online forum for repair and other industry information. Yesterday's Tractor is based in Port Townsend, Washington.

Buy -
Mergr

Product

Company

Legal