Union Tractor Ltd.
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Union Tractor Ltd. - overview
Established
1927
Location
Edmonton, AB, Canada
Primary Industry
Logistics & Distribution
About
Union Tractor Ltd. is a Canadian company specializing in aftermarket parts and services for construction and transportation equipment, catering to leading brands to ensure optimal equipment performance. Union Tractor Ltd. provides aftermarket parts and services for construction and transportation equipment since its founding in 1927.
Headquartered in Edmonton, Canada, the company was acquired by Mill City Capital in September 2011. CEO Dwayne Hickman leads the company as it continues to focus on the needs of its customer base in Western Canada, particularly in British Columbia and Alberta. Union Tractor Ltd. is primarily focused on providing aftermarket parts and services for construction and transportation equipment, catering specifically to brands such as Caterpillar®, Komatsu®, Volvo®, John Deere®, Kubota®, Bobcat®, and Hitachi®.
The company sells a wide range of products including solid shaft rollers, torque converters, equalizer bars, and brake and differential drive groups, among others. These parts are designed to meet the operational needs of various machinery, ensuring that equipment remains functional and efficient in demanding work environments. By servicing both commercial and industrial sectors, Union Tractor Ltd. targets customers such as construction firms, transportation companies, and equipment owners who require reliable aftermarket solutions.
The products are marketed across Western Canada and are particularly focused on regions such as British Columbia and Alberta. Union Tractor Ltd. operates on a business-to-business (B2B) model, engaging in transactions that typically involve direct sales of aftermarket parts to customers in the construction and transportation sectors. The revenue structure is primarily driven by the sale of individual parts as well as bulk purchases, which allow clients to maintain and repair their equipment effectively.
Customers may place orders for specific components like solid shaft rollers or torque converters, and pricing is determined based on the type of part and its application. The company also offers a credit application process for clients to facilitate larger purchases, thereby streamlining their procurement process. This structure enables Union Tractor Ltd. to serve a diverse client base while ensuring a steady flow of revenue from ongoing maintenance and repair needs in their target markets.
Union Tractor Ltd. is poised for growth by focusing on the development of new aftermarket parts and enhancing its service offerings to better meet customer demands. The company is also considering expansion into additional markets outside of its current regions, aiming to increase its presence in provinces like Manitoba and Saskatchewan by the end of 2023. The acquisition by Mill City Capital in September 2011 will provide the resources necessary to support these initiatives, allowing for strategic investments in both product development and market expansion.
Current Investors
Mill City Capital
Primary Industry
Logistics & Distribution
Sub Industries
Logistics & Distribution
Website
www.uniontractor.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
Union Tractor 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Union Tractor Ltd. | - |
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