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Acquisition


Ritchie Bros., SmartEquip Team to Make Equipment Parts Procurement Easier

Ritchie Bros. announced that it has completed its acquisition of SmartEquip, a technology platform that supports customers' management of the equipment lifecycle and integrates parts procurement with both OEMs and dealers....


Titan Machinery Inc. Announces Acquisition of Jaycox Implement

Titan Machinery Inc. , a network of full-service agricultural and construction equipment stores, announced that it has entered into a definitive purchase agreement to acquire the assets of Jaycox Implement Inc....


Brandt Completes Cervus Deal, Creates International Equipment Dealer Powerhouse

Brandt Tractor Ltd. , a wholly owned subsidiary of the Brandt Group of Companies, announced that it has successfully acquired Cervus Equipment Corp. , following a 97.66 percent endorsement for the deal in an Oct....


AgJunction Enters into Arrangement Agreement to be Acquired by Kubota Corporation

AgJunction Inc. , a global provider of advanced guidance, autosteering and autonomy solutions for precision agriculture applications, announced that it has entered into a definitive arrangement agreement to be acquired by Kubota Corporation in an all-cash transaction with a total equity value, on a fully diluted basis, of approximately CAD $91 million....


National Equipment Dealers Expands, Rebrands With Acquisition of Richardson Service 1991

Richardson Service 1991 Inc. is now a National Equipment Dealers LLC (NED) company. The recent acquisition of Richardson Services will expand the NED organization in the state of South Carolina, where NED is represented by MAY-RHI in Columbia and Summerville....


Stafford Crane Group Acquires Soima Cranes of Portugal

Arizona-based Stafford Crane Group (SCG) has announced the acquisition of Portuguese tower crane manufacturer Soima Cranes. With this acquisition, SCG gains control over design and production of its tower crane equipment and will be able to take its customer service in rental operations to the next level, the company said....


Ritchie Bros. to Acquire Parts, Service Technology Company SmartEquip

Ritchie Bros. Auctioneers and SmartEquip announced that they have entered into a definitive agreement under which Ritchie Bros. will acquire SmartEquip for approximately $175 million. Completion of the acquisition is subject to customary closing conditions, including, among other conditions, the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended....


SEI Holds Event to Announce MJR Equipment Acquisition

Stephenson Equipment Inc. (SEI) held an open house Sept. 16 in Harrisburg, Pa., to officially announce its acquisition of MJR Equipment. The event, held at the LCBC Church parking lot, adjacent to MJR Equipment's facility, drew more than 600 attendees from local highway and public works departments....


All Roads Acquires Five Komatsu Dealership Branches

All Roads has announced the acquisition of five full-service Komatsu dealership branches located in Virginia from Rish Equipment Company. The acquisition of the five stores, which are now operating under the banner of All Roads Equipment dealerships, represents the company's commitment to serving the commercial markets as it expands its offerings into heavy equipment....


HCSS to Be Acquired by Thoma Bravo

HCSS, a supplier of estimating, operations and fleet management software, announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a software investment firm. The transaction is subject to customary closing conditions and regulatory approvals and is expected to close in the fourth quarter of 2021....







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