Agricultural Equipment Manufacturing

If you own an agricultural equipment manufacturing business, both strategic OEMs and private equity firms are actively acquiring in your space. The North American ag equipment market is on track to grow from approximately $39 billion in 2024 to roughly $71 billion by 2033, PE deal volume for industrial platform roll-ups rose 13% in 2024, and major strategics are pursuing acquisitions to fill product line gaps, expand dealer networks, and embed precision technology into their platforms.

This edition of Industry Insights breaks down what is driving M&A activity in ag equipment manufacturing, how buyers evaluate companies in this space, and what factors separate premium outcomes from average ones.

Inside the analysis:

• Why precision ag adoption, labor scarcity, government subsidies, and growing global food demand are sustaining long-term equipment investment
• How aftermarket and parts revenue, product line breadth, and dealer network depth affect what buyers are willing to pay
• What role customer concentration, manufacturing capabilities, and order backlog visibility play in how buyers assess risk and deal certainty
• How EBITDA size directly affects the multiple range you can command, and where businesses like yours typically fall on that spectrum

Download the full industry insights report to learn more.