M&A Deal Summary

Titan Machinery Acquires Toner s

On November 1, 2012, Titan Machinery acquired distribution company Toner s

Acquisition Highlights
  • This is Titan Machinery’s 3rd transaction in the Distribution sector.
  • This is Titan Machinery’s 14th transaction in the United States.
  • This is Titan Machinery’s 4th transaction in Nebraska.

M&A Deal Summary

Date 2012-11-01
Target Toner s
Sector Distribution
Buyer(s) Titan Machinery
Deal Type Add-on Acquisition

Target

Toner s

Grand Island, Nebraska, United States
Toner's, Inc. is a operator of agricultural equipment dealerships.

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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 14 of 22
Sector (Distribution) 3 of 7
Type (Add-on Acquisition) 14 of 22
State (Nebraska) 4 of 4
Country (United States) 14 of 20
Year (2012) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-29 Curly Olney’s

McCook, Nebraska, United States

Curly Olney’s, Inc. is a case IH dealerships in McCook and Imperial, Neb.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-02 Falcon Power

Phoenix, Arizona, United States

Falcon Power, Inc. is a operator of two case construction equipment dealerships located in Phoenix and Flagstaff, Arizona.

Buy -