---
schema_version: "secwatch.filing_event.v1"
accession: "0001409171-22-000062"
form_type: "8-K"
ticker: "TITN"
cik: "0001409171"
company_name: "Titan Machinery Inc."
filed_at: "2022-07-14T23:59:59+00:00"
generated_at: "2026-06-24T14:57:37.462824+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Titan Machinery to acquire Heartland Ag companies for ~$110M in cash, expanding Case IH stores

## Summary
- Base purchase price of $90M, expected to increase by ~$20M to ~$110M via working capital and PP&E adjustments.
- Heartland operates 12 Case IH application equipment retail stores across 17 midwestern and northwestern states.
- Acquisition expected to close in August 2022, subject to CNH approval and other customary conditions.
- Funding primarily from available cash on hand; seller reps and warranties backed by insurance policy.

## SEC filing metadata
- accession: 0001409171-22-000062
- form_type: 8-K
- ticker: TITN
- cik: 0001409171
- company_name: Titan Machinery Inc.
- filed_at: 2022-07-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 9.01, 2.1
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1409171/000140917122000062/0001409171-22-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1409171/000140917122000062/a8kheartlandag.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001409171-22-000062
- JSON: https://secwatch.observer/filing/0001409171-22-000062.json
- Plain text: https://secwatch.observer/filing/0001409171-22-000062.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.