Dirt Dog Manufacturing & Consolidated Equipment Group
Dirt Dog Manufacturing has been acquired by Consolidated Equipment Group, LLC, a portfolio company of Dominus Capital, L.P.
Decosimo acted as exclusive financial and sell-side advisor.
Chattanooga, TN – Decosimo Corporate Finance (Decosimo), a mergers and acquisitions advisory firm, is pleased to announce the acquisition of its client, Tramar, LLC (d/b/a Dirt Dog Manufacturing or "Dirt Dog") by Consolidated Equipment Group, LLC ("CEG"), a portfolio company of Dominus Capital, L.P. ("Dominus"). This is Decosimo’s second successful sale of a tractor implement company with a national reach.
Dirt Dog, founded in 1989 by Tracy Milford, is a manufacturer of implements for tractors and ATVs/UTVs. With more than 80 models of equipment, offered in over 300 varying sizes and options, the Company's primary products include rotary cutters, rotary tillers, cultipackers, disc harrows, grapples, pulverizers, rear blades, and box blades. Dirt Dog's history of offering heavy-duty, high-quality tractor 3-point mount and skid steer attachments has earned the Company a reputation as one of the nation's leading suppliers of farm, construction, and landscape equipment.
"We were honored to have the opportunity to work with Tracy and the Dirt Dog team. Beginning with only two products, Tracy expanded Dirt Dog's offering to more than 80 implements while building a reputation for industry-leading product quality and durability," said Tom Decosimo, Managing Principal of Decosimo. "We are excited about the partnership between Dirt Dog and CEG and look forward to the continued success of the Dirt Dog brand. Our clients put an immense amount of trust in us to sell their business, so it is particularly gratifying when client referrals allow us to represent multiple businesses in an industry, as was the case with Dirt Dog."
For more information about this transaction, please contact the advisory team:
Tom Decosimo, Managing Principal
Jay Hildebrand, Managing Director
Garnett Decosimo, Managing Director
About Decosimo Corporate Finance
Decosimo is an investment banking firm that offers financial advice on divestitures, mergers and acquisitions, and valuations for middle-market companies. For over 50 years, Decosimo professionals have been the trusted advisor of business owners seeking to build and maximize the value of their companies. Using their deep experience and network, Decosimo has built a proven track record advising middle market clients on the successful completion of over $15 billion in transactions. For additional information, please visit www.Decosimo.com.
About CEG (www.quickattach.com, www.erskineattachments.com)
Founded in 1948, Consolidated Equipment Group, LLC was one of the first companies in the world to pioneer and manufacture rotary and hydraulic snow blowers. CEG's products and service are recognized in the industry to be of the highest of quality, value, performance, and affordability. The company provides highly complex, OEM-agnostic attachments for various power units through multiple channels across end markets. CEG's operations are based out of its corporate headquarters in Alexandria, Minnesota with manufacturing facilities in Fosston, Minnesota.
About Dominus Capital, L.P. (www.dominuscap.com)
Based in New York, Dominus Capital, a 2022 Top 50 PE Firm in the Middle Market, focuses on management-led buyouts and growth capital investments particularly in family and founder owned companies in the business services and light manufacturing sectors of the economy. Drawing on the experience, knowledge and network of its founders and a team of in-house operating executives, Dominus Capital works hand-in-hand with exceptional management teams to unlock the untapped potential of its portfolio companies. The firm takes a long-term approach to investing and has a consistent and highly successful track record of achieving significant growth at its portfolio companies. The Dominus Capital team members have executed more than 90 transactions over the past 20+ years.