Platinum Equity has acquired a majority stake in Kentucky-based Tarter Farm and Ranch Equipment. The seller is the Tarter family, which will remain a minority shareholder.

Stephen Frazier Tarter co-chief operating officer Stephen Frazier will serve as CEO of the business going forward.

Today, Tarter Farm & Ranch Equipment is a global business with more than a million square feet of production facilities in Kentucky and Utah, employing more than 1200 workers.

ATLANTA - Nelson Mullins Riley & Scarborough LLP advised the Tarter Family, who sold a majority interest in Tarter Farm and Ranch Equipment to private equity firm Platinum Equity on April 3, 2023.

Tarter Farm and Ranch Equipment's annual revenue is $160.0M. Zippia's data science team found the following key financial metrics about Tarter Farm and Ranch Equipment after extensive research and analysis. Tarter Farm and Ranch Equipment peak revenue was $160.0M in 2022.

Platinum Equity announced April 3 the acquisition of a majority interest in Tarter Farm and Ranch Equipment from affiliates of the company's founders. The Tarter family remains a minority shareholder. Financial terms were not disclosed.

Tarter Farm and Ranch Equipment is privately owned and operated by the fourth generation of the Tarter family. From cattle squeeze chutes and horse stalls to farm gates and galvanized tanks, all of our products are made in the USA and can be found in thousands of retailers across the country.

Tom Gores Tom Gores founded Platinum Equity in 1995 and his guidance, core philosophies, and strong principles drive the strategic development and direction of both the firm and its portfolio. Early in his career, Mr.

Tarter top competitors include: Behlen Manufacturing Co, Neway Valve Co Ltd, Husqvarna AB, Wastequip LLC What companies has Tarter acquired? Tarter has acquired the companies: Tarter Logistics, Applegate Steel Who is the CFO of Tarter?

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Today Tarter has almost 1,000,000 square feet of production facilities in two Kentucky communities and a full manufacturing and distribution center in Corinne, Utah.

About Platinum Equity Our current portfolio of ~50 companies operates in a diverse range of industries, generates $89+ billion of aggregate revenue and employs ~200,000 people across the globe.