Items Tagged with 'Shawn Skaggs'

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Executive Q&A

Creating a New Dealership from a Non-Traditional Merger

Parallel Ag was formed in December 2022 through the merging of shortline dealer Ag Solutions Group and AGCO dealer Livingston Machinery.
One of the more unique dealer mergers in recent memory was finalized at the end of 2022. Parallel Ag was formed in December 2022 through the merging of shortline Midwest applicator dealer Ag Solutions Group and AGCO Southern Plains dealer Livingston Machinery.
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Livingston Machinery CEO Talks Private Investment, Ending ESOP Program

After receiving a private investment, President and CEO of Livingston Machinery Shawn Skaggs talks new opportunities, details of the investment and ending their ESOP program.
In April 2021, 4-store AGCO dealer Livingston Machinery and 5-store applicator dealer Ag Solutions Group received investment from private equity firm Ag Solutions Group Holding Co. Specifically, Midwest Growth Partners partnered with co-investors Summit Equity Group, Northcreek Mezzanine and company management to capitalize Ag Solutions Group Holding Co. for the acquisitions.
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