Simpson Norton Corporation
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Simpson Norton Corporation - overview
Location
Goodyear, AZ, US
Primary Industry
Logistics & Distribution
About
Simpson Norton Corporation is a distributor specializing in turf equipment and golf course irrigation solutions, primarily known for offering Toro products across several US states. Simpson Norton Corporation operates as a distributor providing turf equipment and irrigation solutions. The company is headquartered in Goodyear, US. It was acquired in June 2017 by Oakcreek Golf and Turf LP, a portfolio company of Banyan Capital Partners.
The founder's background details are not specified, and no subsidiaries or previous mergers are noted. The company has completed one investment deal to date. Simpson Norton Corporation specializes in providing a range of turf equipment and golf course irrigation solutions, primarily as the authorized distributor of Toro products across Arizona, New Mexico, Southern Nevada, parts of West Texas, and Southern Colorado. The company focuses on delivering high-quality machinery and irrigation systems tailored to meet the needs of golf courses, sports fields, and commercial landscaping.
Their offerings include advanced irrigation systems designed to enhance water efficiency, cutting-edge turf maintenance equipment for optimal lawn care, and comprehensive support services through a knowledgeable team of sales representatives, parts specialists, and service technicians. Simpson Norton serves a diverse clientele, including golf course operators, landscape contractors, and municipal facilities, all seeking reliable solutions to maintain and enhance turf quality. The company's commitment to excellence in product quality and customer service has solidified its presence in the specified geographical markets, catering to both commercial and public sector clients. Simpson Norton Corporation generates revenue through direct sales of its Toro-branded turf equipment and irrigation systems to various business segments, including golf courses, municipalities, and landscape professionals.
Transactions typically occur on a B2B basis, where customers engage with the company for equipment purchases and service agreements. The sales model encompasses both one-time purchases of equipment, such as irrigation systems and maintenance machinery, as well as ongoing service contracts that provide clients with access to expert support and replacement parts. This structure fosters long-term relationships with clients, ensuring they receive the necessary resources to maintain their turf effectively. Simpson Norton Corporation plans to leverage its recent acquisition to further enhance its product offerings and expand its market reach.
While specific details on upcoming products are not disclosed, the company is anticipated to focus on innovating its irrigation technology to meet evolving industry standards. The company aims to expand its operations into new geographic regions, including additional parts of California and Texas, by 2025. The recent acquisition funding will support these initiatives, allowing Simpson Norton to enhance its service capabilities and product development.
Current Investors
Oakcreek Golf & Turf LP
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution
Website
www.simpsonnorton.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Simpson Norton Corporation - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Simpson Norton Corporation | - |
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