Turf Products, LLC
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Turf Products, LLC - overview
Established
1970
Location
Enfield, CT, US
Primary Industry
Logistics & Distribution
About
Turf Products, LLC specializes in supplying essential outdoor maintenance equipment, representing The Toro Company's products and expanding its offerings to cater to diverse landscaping needs across New England. Turf Products, LLC operates primarily in the outdoor maintenance equipment sector, providing specialized machinery for golf courses and landscaping firms. Founded in 1970 in Enfield, US, the company has undergone a recapitalization in November 2005, raising USD 11. 6 mn from MVC Capital.
The firm has a single deal recorded, and its total amount raised stands at USD 11. 6 mn. Turf Products Company (TPC) focuses on providing crucial equipment and tools for outdoor environment maintenance throughout New England. As the exclusive representative for The Toro Company, TPC offers a range of products, including golf irrigation systems, commercial machinery, landscaping tools, and homeowner products.
Recently, TPC has added the Ventrac line to its inventory, which features over 30 commercial-grade attachments, catering to clients such as golf courses and individual homeowners. Turf Products generates revenue through direct sales to a varied client base, including golf courses and professional sports facilities like Fenway Park. The company's sales primarily focus on Toro's advanced golf irrigation systems and Ventrac multipurpose tractors equipped with commercial-grade attachments. This business-to-business transaction structure allows clients to acquire tailored equipment for their operational requirements, bolstered by partnerships with organizations such as the Boston Red Sox.
Turf Products plans to utilize the recent recapitalization of USD 11. 6 mn to support upcoming product designs and launches, targeting an expansion into new geographic markets across New England. Specific upcoming products have not been detailed, but the company is focused on enhancing its existing lineup and potentially exploring new lines that align with client needs. The funding is expected to enable strategic developments to solidify its market presence in the outdoor maintenance sector.
Current Investors
MVC Capital
Primary Industry
Logistics & Distribution
Sub Industries
Industrial Wholesalers
Website
www.turfproductscorp.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Turf Products, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Turf Products, LLC | - |
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Turf Products, LLC - employee data
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