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Announced

Completed

Tellus Equipment Solutions completed the acquisition of Ag-Pro Texas.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Majority

Machinery: Agricultural

farm machinery

Domestic

Single Bidder

Completed

Friendly

Private

Synopsis

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Tellus Equipment Solutions, a family-owned authorized John Deere Agriculture and Turf dealer, completed the acquisition of Ag-Pro Texas, a manufacturer of farm machinery and equipment. Financial terms were not disclosed. “I am very excited to join the Tellus organization and the John Deere family of dealers. Our mission at Tellus will be to partner with our customers to provide industry leading equipment, quality parts and on-time service for an unparalleled customer support experience,” Jeff Donaldson, Tellus Equipment COO.

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