logo
logo

Platte River Equity Announces The Acquisition Of Turf Care Supply, Llc

Jan 11, 2022over 3 years ago

Acquiring Company

Platte River Equity

Acquired Company

Turf Care Supply

DenverFinancial ServicesProfessional ServicesConsumer GoodsProfessional Services

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.

Company Information

Company

Platte River Equity

Location

Denver, Colorado, United States

About

Platte River Equity, founded in 2006 and headquartered in Denver, CO, is a private equity firm specializing in investments in established lower middle market operating companies within targeted industrial sectors where it has deep operating and investing expertise. The firm employs prudent capital structures to support future growth opportunities and ensure resilience in changing economic conditions, while providing significant ongoing support to portfolio companies through dedicated functional resources.

Related People

Sign in to view contact details

Sign in to view contact details

M&A Insights

Based on deal data
Integration 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