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Howse Implement Company Retains M&A Specialist Heritage Equity Partners

October 21, 2016, 07:04 AM
Filed Under: Industry News

Howse Implement Company  Inc., a respected farm implement manufacturer, has retained Heritage Equity Partners (“HEP”), in conjunction with Jax Auctioneers, to seek debt or equity financing, a joint venture partner, or a buyer for the business.  Founded in 1964, this family owned and operated company builds quality farm, industrial and recreational equipment for a broad, global customer base.

While Howse is a world renowned rotary cutter manufacturer, the company also sells over 300 product lines and 2,300 models through approximately 200 distributors worldwide.  The company also supplies a complete line of replacement parts, and provides full service and support for their products.  Howse’s facilities in Laurel, MS include six industrial buildings totaling 268,811 square feet on 78 acres, with the capacity for significant growth.

According to Hank Waida, a Managing Director at HEP, “This is an excellent opportunity to purchase a respected brand name in the farm implement industry, with a global customer base, and manufacturing operation with large unused capacity.”

Heritage Equity Partners, formerly Equity Partners, Inc., based in Easton, MD, provides investment banking services and has completed in excess of 500 engagements throughout the United States since 1988.

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