M&A Deal Summary

Titan Machinery Acquires Adobe Truck & Equipment

On February 29, 2012, Titan Machinery acquired retailer Adobe Truck & Equipment

Acquisition Highlights
  • This is Titan Machinery’s 9th transaction in the Retail sector.
  • This is Titan Machinery’s 10th transaction in the United States.
  • This is Titan Machinery’s 1st transaction in Kansas.

M&A Deal Summary

Date 2012-02-29
Target Adobe Truck & Equipment
Sector Retail
Buyer(s) Titan Machinery
Deal Type Add-on Acquisition

Target

Adobe Truck & Equipment

Olathe, Kansas, United States
Adobe Truck & Equipment LLC is a provider of equipment rental services for oil and exploration services.

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Buyer(S) 1

Buyer

Titan Machinery

West Fargo, North Dakota, United States

Category Company
Founded 1980
Sector Retail
Employees3,338
Revenue 2.2B USD (2023)
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 10 of 22
Sector (Retail) 9 of 12
Type (Add-on Acquisition) 10 of 22
State (Kansas) 1 of 1
Country (United States) 10 of 20
Year (2012) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-09-06 Virgl Implement

Wahoo, Nebraska, United States

Virgl Implement, Inc. is an one Case IH agriculture equipment dealership in Wahoo, Neb.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-03-30 Haberer s Implement

Bowdle, South Dakota, United States

Haberer's Implement, Inc. is a provider of an agriculture equipment dealership.

Buy -