Newman Tractor, LLC

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Newman Tractor, LLC - overview

Established

1976

Location

-, -, US

Primary Industry

Industrial Machinery

About

Newman Tractor, established in 1976, is a U. S. -based company specializing in the sale and rental of heavy equipment primarily for the construction, landscaping, and agricultural sectors, providing comprehensive solutions for operational efficiency. Newman Tractor is engaged in the sale and rental of heavy machinery, including new and used equipment from SANY and Morooka.


Founded in 1976, the company has remained privately owned and operates from its headquarters in the U. S. In December 2024, Invision Capital acquired Newman Tractor, LLC, with financial terms undisclosed. The founder's history is not specified, and there are no mentions of previous companies founded by the founder.


Newman Tractor specializes in the sale and rental of heavy equipment, catering primarily to the construction, landscaping, and agricultural sectors. Their core offerings include new and used machinery, specifically SANY Heavy Equipment and Morooka MST Tracked Dumpers, designed for various construction and earth-moving tasks. The company also provides a selection of over 80,000 service and maintenance parts for heavy equipment, as well as equipment reconditioning and painting services. Newman Tractor serves a diverse customer base across the United States, focusing on clients in Ohio, Kentucky, and Florida, with a commitment to providing reliable solutions.


Newman Tractor generates revenue through the sale, rental, and servicing of heavy equipment, structured as both B2B and direct-to-consumer transactions. Their business model includes flexible financing options and warranty plans that facilitate equipment purchases and rentals. Revenue is derived from upfront payments for equipment sales and monthly fees for rental services, alongside maintenance supplies and repair services. Key products contributing to revenue include machinery from SANY and Morooka.


Looking ahead, Newman Tractor aims to innovate with upcoming product launches designed for enhanced operational capabilities. The company has plans to expand its market presence, specifically targeting new geographic regions in the Southern U. S. by mid-2025.


The acquisition by Invision Capital in December 2024 is expected to support these initiatives, ensuring the necessary resources are allocated to drive growth and market penetration.


Current Investors

Invision Capital Group

Primary Industry

Industrial Machinery

Sub Industries

Equipment Rental & Leasing, Industrial Machinery

Website

www.newmantractor.com/

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Newman Tractor, LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedNewman Tractor, LLC-

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