United ag and turf corporate office7/31/2023 ![]() and Canadian companies with $8 million or more of EBITDA. With offices in Cleveland, New York, and Chicago, the firm invests $10 million to $60 million per transaction in U.S. The Cyprium team is celebrating its 20th year working together and has deployed over $1.4 billion in 75 non-control investments. Cyprium provides common equity, preferred stock, subordinated debt or any combination thereof, offering flexibility and increasing the certainty of close. ![]() For more information, visit About Cyprium PartnersĬyprium Partners is a private equity and mezzanine firm focused on profitable middle-market companies, allowing company owners and their management teams to retain a controlling interest in their businesses. The business offers new and used equipment, parts and service to a diverse base of customers including farm operators, commercial property managers and homeowners. In addition, Patrick Rond, a Principal at Cyprium, stated “The acquisition of adjacent north Texas and Arkansas dealerships further strengthens UAT’s ability to serve its customers, and we are thrilled we could provide the subordinated debt to bring the deal together.”īased in Bryan, TX, UAT is a John Deere agriculture and turf equipment dealer group with 29 full-service locations in Texas, Oklahoma and Arkansas. We are looking forward to working with the management team to support the continued growth of the business.” “John Deere ag and turf equipment is world-class, and we believe UAT provides and supports these products in a manner that reflects the best of what it means to be a John Deere dealer. “Cyprium is excited to form this new partnership with UAT,” said Leland Lewis, a Partner at Cyprium. UAT is owned by Fernandez Holdings and management. In addition to new and used equipment, UAT provides parts and maintenance service to its customers. UAT’s locations offer Deere’s complete line of agriculture and turf equipment for crop care and harvesting, hay and cattle production, lawn care, and commercial turf maintenance. with 29 full-service sites in Texas, Oklahoma and Arkansas. With its first location established in 1974, UAT is one of the largest John Deere agriculture and turf equipment dealer groups in the U.S. This transaction marks the team’s 75th non-control platform investment. Cyprium’s capital was used to facilitate a significant acquisition and fund continued growth. Get ready for growth! Take a deep dive into financials, project ahead, benchmark against the industry, and get tools to make sound decisions that strengthen your operations and position your dealership for long-term success.J| Announcements, Mezzanine Debt, Non-Control CapitalĬyprium Partners, a non-control private equity firm, is pleased to announce a new subordinated debt investment in FH Equipment, LLC, d/b/a/ United Ag & Turf (UAT). Dealers on the Move is brought to you by Pinion. )įor the latest news on dealer growth, including acquisitions, consolidations and new locations, visit our Dealers on the Move feed. United Ag & Turf is on the Farm Equipment Dealer 100™ (a ranking of the top 100 North American farm equipment dealers - by number of locations, which provides information on total and ag stores, brands, geographies served, employees, history, executives and ownership/company profile information. “We’re looking forward to providing the same result with this acquisition as well.”Īs part of the United Ag & Turf network, the newly acquired locations will be now able to offer customers many benefits not available to them in the past expanded equipment selection and parts inventory, access to a 24 hour on-site mobile service network, and a beneficiary of United Ag & Turf’s Support and Solutions Operation Center. “We’ve already felt the positive impact the expansion into this area has had on our customers and employees alike.” said Pettit. This addition comes just two months after the acquisition of other John Deere organizations, Fish & Still Equipment, Austin Turf & Tractor, and Mustang Equipment. ![]() “This acquisition continues with our strategy to provide preeminent parts, service, and equipment support and solutions to our customers through efficiency and scale, enabling better pricing and selection for our customers”, Brody Pettit, CEO, United Ag & Turf. The newly acquired locations continues to expand United Ag & Turf’s footprint, strengthening the ability to serve customers. The acquisition of Quality Implement was completed on Oct. Browse the most popular brands and models at the best prices on Machinery Pete. United Ag & Turf, a 49-location John Deere dealership, headquartered in Bryan, Texas has completed the acquisition of Quality Implement, a John Deere dealership with locations in Abilene, Brady, Burkburnett, Coleman, Munday, Rotan, Seymour, and Stamford, Texas, as well as Frederick, Okla. Shop for used farm equipment at United Ag & Turf - Waco in Waco, TX. United Ag & Turf Acquires Quality Implement
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