Completed Transactions

Completed Transactions > Manufacturing > Dynamic Ditchers Acquired by Elmer’s Manufacturing

Dynamic Ditchers Acquired by Elmer’s Manufacturing

Dynamic Ditchers

Date

Jun 2018

Region

Canada

Elmer’s Manufacturing Ltd. acquired Dynamic Ditchers Inc., a client of Generational Capital Markets, Inc., Member FINRA/SIPC, on June 11, 2018.

Dynamic Ditchers, based in Dugald, Manitoba, Canada, designs, manufactures, and distributes branded soil moving machines using proprietary processes and innovative patented designs.

The company, founded in 2007, has designed and built a premiere soil moving machine called the Wolverine Extreme Rotary Ditcher that works in conjunction with automated GPS systems. The product was developed to provide an alternative to traditional soil scrapers that requires collecting, hauling, and then spreading of the soil to create water flow in farmland.

Dynamic Ditchers sells to dealers and distributors throughout the U.S., Canada and Australia. The Wolverine Extreme Rotary Ditcher will continue to be available at existing dealers as well as being available at all Elmer’s dealers.

“Dynamic Ditchers is very pleased with the growth we have experienced, especially in the past few years; however, if this growth continues, we would have needed to expand our facility beyond what we can do with the property we now have,” said Anthony Vaags, Co-Owner of Dynamic Ditchers.

“Elmer’s has a very impressive, large manufacturing plant, a remarkable engineering team, a wider distribution network and a better parts warehouse that we felt would better serve new and existing customers. We would like to thank all our existing customers for helping us grow our company to this point.”

Elmer’s Manufacturing, based in Altona, Manitoba, designs, develops, and manufactures specialized agricultural equipment in the heart of the Manitoban Red River Valley. They were founded in 1978 and have grown from building row crop cultivators to manufacturing an extensive and diversified group of equipment lines for any size farming operation.

Product lines include row crop cultivators, edible bean cutters, header and swather transports, high capacity Haul-Master Grain Carts and the revolutionary Super 7 Harrow.

Dynamic Ditchers’ products will immediately compliment the current offerings from Elmer’s Manufacturing, which include HaulMaster Grain Cart, Super 7 Harrow and Transfer Tracks.

“We’re extremely excited to help continue the vision of Dynamic Ditchers and to bring another high-quality product into our production and dealer network,” said Elmer’s President Mike Friesen.

“Anthony and Stan have done a great job building this product to where it is today, and we’re ecstatic to take it to the next level.”

Generational Capital Markets Managing Director Phil Pizzurro, with support from VP Mark Galovic, successfully closed the deal. Senior Managing Director Tom Braun established the initial relationship with Dynamic Ditchers.

“Dynamic Ditchers is an exceptionally run business that has produced multiple industry-disrupting products for the agricultural sector,” said Pizzurro.

“Elmer’s is the ideal buyer to generate accelerated growth, creating incremental value and opportunities for customers.”

The specialist experience of Generational Capital Markets’ advisors supports transactions such as this from start to finish, and we are proud of our long history in facilitating mutually beneficial deals in the manufacturing sector.

If you would like to learn more of our experiences in this active industry, visit our dedicated Manufacturing page.

Sell smart

Download our FREE exit planning whitepaper, detailing everything you need to know before you make any big decisions about selling. Leave your name and email address to have it sent directly to your inbox.

Exit planning basics: what you need to know before you start

Exit planning Basics: What your need to know before you start
Success

Your whitepaper is ready, to download it please click the button below.

Your wisdom and experience were invaluable to me during this once-in-a-lifetime transaction.
Ralph Noblin, President of Noblin & Associates
Greetings Mike. Thank you for the captivating and compelling presentation you made at the Phoenix presentation last week. Over many years in business yours was the most informative and well-presented presentation, on any subject, that I have ever attended! Your energy and enthusiasm combined with your concise and captivating support of your positions with easily understood examples and data was compelling.
Pete L.
I quickly recognized that Don was working for Sharpe Mixers above all else, and held our interests above others.
Jay Dinnison, Owner of Sharpe Mixers
I wanted to write you a quick letter to express our appreciation and our delight on the outcome of helping us through the process of our recent sale. We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Terry D. Wickman, President, Keytroller
We thank you Eric and Generational Equity making our dream come true.
Larry Moore, Owner, A Company Portable Restrooms
We are extremely pleased with the way Generational Equity handled the sale of our company. Your associates, Tom and Chris, did an outstanding job of getting us (me) through the process.
Michael J Polarek, President, Paragon Packaging
I must say that I have never worked with a more driven, competent and focused individual as Don Ho.
Jay Dinnison, Owner of Sharpe Mixers
Bruce and I wanted to take this opportunity to thank Generational Equity for assigning Musa Jagne to our transaction. In Bruce’s words, “Musa did one hell of a job for us!”
Karen S. Williams, CFO, BW Manufacturing
I couldn’t have asked for a better team than Michael and Deborah. We couldn’t have done it without them.
Robert Evans, President and CEO of Mealtracker Dietary Software
We were happy to see the interest in our company and what we cherished has not just a valuable company but an important company to the communities we served in.
Larry Moore, Owner, A Company Portable Restrooms
We are very happy with the end result, and are very happy to be able to move forward with all of our future growth plans.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
The process was much more involved than I expected and your help, experience and advice was a big factor in making the negotiations go as smoothly as possible.
Terry D. Wickman, President, Keytroller
We will highly recommend Generational Equity and Musa Jagne to any business owner about to embark on the same process.
Karen S. Williams, CFO, BW Manufacturing
We knew it would be a difficult task to have someone really understand our business and our market, prior to researching a possible buyer, so it was imperative that we found someone of your caliber, with definite proven experience in this area.
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
Thank you again for all your guidance and support. Any company will achieve what they intend, if they have you on their team!
Rick Nowak, President/CEO, Kurz Electric Solutions, Inc.
I would like to thank you and your firm, Generational Equity, for being our valued advisors in our journey.
Bil MacLeslie, CEO, ipHouse
Generational Equity’s assistance was invaluable in compiling and marketing our business.
Bil MacLeslie, CEO, ipHouse
Michael worked tirelessly, He followed every lead meticulously and urgently to make sure nothing was missed.
Robert Evans, President and CEO of Mealtracker Dietary Software
Tom Staszak is one of the most professional people I have dealt with in my last forty years of business. You’ve got a great group of people and you have built a truly professional organization.
Michael J Polarek, President, Paragon Packaging
Generational Equity educated and informed us – so that we could be on the upside of a good decision (to sell).
Bil MacLeslie, CEO, ipHouse
The help you provided us during each step of this process made us feel very comfortable and confident we were selecting the right approach to transition our Company.
Andy Graham, Vice President, Modern Heating & Plumbing
Thanks again Phil and feel free to have a future client call me if they would like a referral. You are a true professional!
Andy Graham, Vice President, Modern Heating & Plumbing