Rocky Mountain Equipment Alberta Ltd.
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Rocky Mountain Equipment Alberta Ltd. - overview
Established
2007
Location
Calgary, AB, Canada
Primary Industry
Agribusiness
About
Founded in 2007 and located in Calgary, Canada, Rocky Mountain Equipment specializes in agricultural and construction machinery, delivering comprehensive services and support to optimize operational efficiency for its clients. Rocky Mountain Equipment (RME) focuses on the sale and support of agricultural and construction machinery. The company was founded in Calgary, Alberta, Canada, in 2007. Garrett Ganden serves as CEO.
In November 2020, RME transitioned from public to private ownership through the acquisition of Rocky Mountain Dealerships Inc. for CAD 127. 9 million. The company has raised a total of CAD 127.
9 million, with backing from Westcap. RME operates 43 CNH branches across Canada, maintaining a strong presence in Alberta, Saskatchewan, and Manitoba. Rocky Mountain Equipment (RME) offers a wide range of agricultural and construction machinery, featuring new and used products from brands like Case IH and New Holland Agriculture. RME provides essential services such as parts supply, repairs, maintenance, and field services, catering primarily to farmers and construction companies to enhance their productivity.
RME generates revenue through the sales of machinery and value-added services, including financing and maintenance. The company operates on a B2B model, serving agricultural and construction sectors with equipment sales and leasing options, complemented by promotional financing plans like 0% financing up to 60 months on select products. Following the acquisition deal in November 2020, RME plans to leverage the recent funding of CAD 127. 9 million for strategic growth initiatives.
The company aims to introduce new products and enhance its operational capabilities. RME is exploring market expansion opportunities in additional regions, with a focus on further penetrating the agricultural and construction sectors across Canada.
Current Investors
Westcap
Primary Industry
Agribusiness
Sub Industries
Automobile Dealerships, Automobiles, Other Vehicles & Parts, Construction, Industrial Machinery, Farm Equipment
Website
www.rockymtn.com
Verticals
Agtech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Rocky Mountain Equipment Alberta Ltd. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Public to Private | Completed | Rocky Mountain Equipment Alberta Ltd. | - |
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