On the Record · Titan Machinery
Titan Machinery acquisitions, on the record
The businesses Titan Machinery bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
J.J. O’Connor & Sons Pty. Ltd.Word for word“On October 2, 2023, we acquired all of the outstanding equity interests of J.J. O’Connor & Sons Pty.” 10-K for 2024 | acquisition | October 2, 2023 | — |
Heartland Companies (Heartland Agriculture, LLC, Heartland Solutions, LLC, and Heartland Leveraged Lender, LLC)Word for word“On August 1, 2022, we acquired all of the outstanding equity interests of three entities, Heartland Agriculture, LLC, Heartland Solutions, LLC, and Heartland Leveraged Lender, LLC, (collectively referred to as "Heartland Companies").” 10-K for 2024 | acquisition | August 1, 2022 | — |
Pioneer Farm Equipment Co.Word for word“The increase in total revenue for fiscal 2024, as compared to fiscal 2023, was primarily the result of Company-wide same-store sales increase of 10.1% over the prior fiscal year and our acquisitions of the Heartland Companies, Pioneer Farm Equipment Co. (“Pioneer”), and O'Connors, completed in August 2022, February 2023, and October 2023, respectively.” 10-K for 2024 | acquisition | February 2023 | — |
consumer products store in North DakotaWord for word“The lower absorption rate in fiscal 2024 compared to fiscal 2023, was primarily impacted by a significant rise in floorplan interest expense in fiscal 2024, the fiscal 2023 absorption rate was also favorably impacted by a gain of $1.4 million recognized on the divestiture of our consumer products store in North Dakota in the first quarter of fiscal 2023.” 10-K for 2024 | divestiture | first quarter of fiscal 2023 | — |
O'Connors (J.J. O'Connor & Sons Pty. Ltd.)Word for word“Total cash consideration paid for O'Connors was $66.5 million, which was financed through available cash resources and line of credit availability.” 10-K for 2025 | acquisition | — | Total cash consideration paid for O'Connors was $66.5 million |
Approximately 60 acquisitions since January 1, 2003 (locations in 15 U.S. states, four European countries and three Australian states)Word for word“Since January 1, 2003, we have completed approximately 60 acquisitions with locations in 15 U.S. states, four European countries and three Australian states.” 10-K for 2025 | acquisition | Since January 1, 2003 | — |
J.J. O’Connor & Sons Pty. Ltd. (O’Connors)Word for word“Total cash consideration paid for O'Connors was $66.5 million, which was financed through available cash resources and line of credit availability.” 10-K for 2026 | acquisition | — | $66.5 million |
Farmers Implement and Irrigation, Inc.Word for word“On May 15, 2025, the Company acquired certain assets of Farmers Implement and Irrigation, Inc. (“Farmers Implement”).” 10-K for 2026 | acquisition | May 15, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2018-01-31 | $3.7 million | — | $250,000 |
| 2019-01-31 | $15.3 million | — | $924,000 |
| 2020-01-31 | $13.9 million | — | $1.2 million |
| 2021-01-31 | $6.8 million | — | $484,000 |
| 2022-01-31 | $33.6 million | — | $7.5 million |
| 2023-01-31 | $100.5 million | — | $21.7 million |
| 2024-01-31 | $107.5 million | — | $31.9 million |
| 2025-01-31 | $260,000 | — | $70,000 |
| 2026-01-31 | $19.8 million | $12.8 million | $2.5 million |
Deal filings since 2016
- 2024-05-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Titan Machinery’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-03-31. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.