Inspirit Capital to acquire Spaldings from Marubeni.

Inspirit Capital, an investment firm, agreed to acquire Spaldings, a distributor of tillage aftermarket equipment, from Marubeni, a Japanese conglomerate. Financial terms were not disclosed. “We are very pleased to be investing in Spaldings, which again reinforces Inspirit’s status as a trusted counterparty for large corporations. We have been impressed by the loyal customer base at Spaldings, as well as the best-in-class service offering. We are excited about the prospect of continuing to grow the business, both organically and through select acquisitions,” Will Stamp, Inspirit Capital Founding Partner.