M&A
confidence high
sentiment positive
materiality 0.60
Titan Machinery completes acquisition of Heartland Companies for ~$95.5M
Titan Machinery Inc.
- Acquired all membership interests of Heartland Agriculture, LLC, Heartland Solutions, LLC, and Heartland Leverage Lender, LLC.
- Aggregate purchase price approximately $95.5 million, subject to customary post-closing adjustments.
- Heartland operates Case IH application equipment distributorships covering 17 states with 12 retail stores.
- Acquisition closed on August 1, 2022.