We carry parts for all makes and models, including John Deere, Case IH, New Holland, Ford, International, Allis Chalmers, Caterpillar, Gehl, Massey Ferguson, Kubota, Lexion, Minneapolis Moline, Oliver, Steiger, Versatile, White and many more. Hoye Tractor is based in Iowa Park, TX and distributes its products primarily through its online channel.All States Ag Parts is the largest supplier of used, new and remanufactured tractor and combine parts in North America. farming, as well as five Canadian provinces.įounded in 1999, Hoye Tractor is a distributor of new aftermarket and used tractor parts primarily for Yanmar tractors.
ASAP is headquartered in Hudson, Wisconsin, and its footprint covers eighteen U.S. The company is a leader in each of its segments and provides customers with a single source for repair parts, offering competitive pricing, unmatched availability, and industry-best warranties. We have a track record of successfully and consistently building industry leaders.Īll States Ag Parts is a leading supplier of used, rebuilt and aftermarket parts for all makes and models of tractors, combines, other farm machinery, and construction equipment.
Our focus is on middle market businesses with defensible niche market positioning in the healthcare services, business services / environmental and light manufacturing / automotive sectors. Kinderhook’s investment philosophy is predicated on matching unique, growth-oriented investment opportunities with exceptional financial expertise and our proprietary network of operating partners. We have made in excess of 425 investments and follow-on acquisitions since inception. Financing for the transaction was provided by Maranon Capital.įor additional information about this transaction, please contact:įounded in 2003, Kinderhook Industries, LLC is a private investment firm that manages over $5.4 billion of committed capital. Hoye Tractor has an unparalleled track record of high-quality customer service and product expertise that will be invaluable to the ASAP team.”įredrikson & Byron, P.A. Paul Cifelli, Managing Director at Kinderhook, stated, “The Hoye Tractor acquisition provides ASAP with access to a new market in North Texas and we feel that ASAP management’s expertise and track record will allow this business to achieve significant growth moving forward. “We are thrilled to welcome Hoye Tractor to the family of ASAP companies,” said John Dyke, CEO of All States Ag Parts, “Hoye Tractor will add over 200,000 Yanmar used and aftermarket parts to our product catalog.”
ASAP also recently acquired TractorJoe and Yesterday’s Tractor, both leading online-focused parts distributors.
The acquisition of Hoye Tractor expands ASAP’s aftermarket parts catalog, online presence and geographic presence into North Texas, an agricultural hotbed. Hoye Tractor will be ASAP’s ninth add-on acquisition since partnering with Kinderhook in July 2018. Hoye Tractor is based in Iowa Park, TX and specializes in online parts sales. Hoye Tractor is a distributor of new aftermarket and used tractor parts primarily for Yanmar tractors. Hudson, WI – All States Ag Parts, LLC (“All States Ag Parts” or “ASAP”), the leading supplier of replacement agricultural and construction parts in North America and portfolio company of Kinderhook Industries, LLC (“Kinderhook”), announced today the acquisition of Hoye Tractor Parts, Inc.
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