Acquiring Company
Platte River Equity
Acquired Company
Turf Care Supply
Description
Platte River Equity ("Platte River") announced that it has made a majority investment in Turf Care Supply, LLC ("Turf Care" or the "Company") in partnership with the management team, which made a significant investment alongside Platte River. Headquartered in Brunswick, OH, Turf Care is a leading formulator and blender of coated nitrogen and other fertilizer products, operating four manufacturing facilities throughout the eastern United States. The transaction also includes Allied Nutrients, a division within Turf Care focused on supplying enhanced efficiency fertilizer.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed