D. A. Davidson Advises Leading Manufacturer and Distributor of Agriculture Equipment Heartland AG Systems on Its Sale to Titan Machinery – Business Wire

IRVINE, Calif. –( )–D. A. Davidson & Co. announced today that it has served as the exclusive financial advisor to Heartland AG Systems, Inc. plus its affiliates (Heartland). Heartland is the largest CASE IH Application Equipment distributorship in North America and one of the particular leading national distributors for sprayer parts and accessories to co-operatives and farm service providers. Ti (symbol) Machinery, Inc. (NASDAQ: TITN) sells and services agricultural and construction equipment in the U. S. plus Europe. The company sells and repairs farming equipment, including machinery plus attachments with regard to large-scale farming and home and gardening purposes, as well as construction equipment.

“Over the past decade, we have worked to create a differentiated platform built upon specialized knowledge, market expertise, and incredible service, ” said Bob Caldwell, Shareholder of Heartland. “From the outset, the particular D. A. Davidson Food, Beverage & Agriculture (FBA) investment banking team was committed and relentless in finding us a partner to take the business forward. On behalf of my partners Gordon Glade, Jeff Keller, plus the company, we appreciate the extensive time and effort the Davidson FBA team invested within positioning our business and running a professional process, reaching a great outcome. ”

“The ownership group associated with Heartland have consolidated an unrivaled system when it comes to application equipment from the Midwest through the Rockies to the Pacific Northwest, building a management group that is first class, ” said Andrew Norwood, Director, Food, Beverage & Agriculture at Deb. A. Davidson. “We are honored to have played a role in the particular next phase of the company’s growth. ”

Heartland has a network spanning 17 states built up over four acquisitions since 2014. The company’s heritage dates back to 1966, with more than 50 years of industry experience building its reputation as a trusted distributorship to over 10, 000 customers providing a range associated with OEMs plus products.

Deal Team Contacts

Michael Smith, Managing Movie director | Salt Lake City | [email protected] com
John Decker, Managing Director | Lincoln, NE | [email protected] possuindo
Toby Norwood, Director | Portland | [email protected] com
David Lawless, Associate | Sodium Lake Town | [email protected] possuindo
Eric Stetler, Controlling Director | Chicago | [email protected] com

About M. A. Davidson Companies

D. The. Davidson Companies is an employee-owned financial services firm offering the range of finance and advice in order to individuals, corporations, institutions plus municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters within Denver, Los Angeles, New York, Omaha, and Seattle, the company has approximately 1, 475 employees plus offices in 28 states.

Subsidiaries include: D. A. Davidson & Co., a full-service investment firm providing wealth management, investment financial, equity and fixed income capital markets services, plus advice; Davidson Investment Advisors, a professional asset administration firm; G. A. Davidson Trust Company, a trust and wealth management organization; and Davidson Fixed Income Management, the registered expense adviser offering fixed earnings portfolio and advisory services.

For more information, visit dadavidson. possuindo .