M&A Deal Summary

Toro Acquires Lawn Solutions Commercial Products

On June 27, 2011, Toro acquired manufacturer Lawn Solutions Commercial Products

Acquisition Highlights
  • This is Toro’s 3rd transaction in the Manufacturing sector.
  • This is Toro’s 5th transaction in the United States.
  • This is Toro’s 1st transaction in Kentucky.

M&A Deal Summary

Date 2011-06-27
Target Lawn Solutions Commercial Products
Sector Manufacturing
Buyer(s) Toro
Deal Type Add-on Acquisition

Target

Lawn Solutions Commercial Products

Louisville, Kentucky, United States
Lawn Solutions Commercial Products, Inc. is a manufacturer of turf renovation equipment for the landscape, rental, municipal and golf markets.

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Buyer(S) 1

Buyer

Toro

Bloomington, Minnesota, United States

Category Company
Founded 1914
Sector Machinery
Employees10,706
Revenue 4.6B USD (2023)
DESCRIPTION
Toro's corporate headquarters in Bloomington, Minnesota.
Toro's corporate headquarters in Bloomington, Minnesota.

Toro is a designer and manufacturer of turf and landscape maintenance equipment, and precision irrigation systems to commercial and residential customers. Toro was founded in 1914 and is based in Bloomington, Minnesota.


DEAL STATS #
Overall 6 of 15
Sector (Manufacturing) 3 of 5
Type (Add-on Acquisition) 5 of 13
State (Kentucky) 1 of 1
Country (United States) 5 of 12
Year (2011) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-06 JLH Labs - Turf Guard Wireless Monitoring Technology

Capistrano Beach, California, United States

JLH Labs - Turf Guard(TM) Wireless Monitoring Technology is a provider in wireless soil monitoring technology. The Turf Guard system is designed to measure soil moisture, salinity and temperature through buried wireless sensors that transmit data to a web-based interface for analysis.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-02-10 Astec Underground

Loudon, Tennessee, United States

Astec Underground, Inc. is a provider of vibratory plows, trenchers and horizontal directional drills for the underground utilities market.

Buy -