Monroe Moxness Berg provided legal counsel for All States, Ag Parts, LLC (“ASAP”), a portfolio company of Kinderhook Industries, LLC (“Kinderhook”), in its acquisition of Kern County Tractor Parts, Inc. (“Kern” or the “Company”), a McFarland, California-based provider of used, new aftermarket and remanufactured parts for the agricultural industry. Kern represents the third add-on acquisition for ASAP and Kinderhook’s 75th acquisition in the automotive aftermarket.
Kern, which has been in operation for more than 30 years, stocks replacement parts for tractors, skid steers, combines, headers, planters, drills, skid steers, harvesting equipment, tillage products, and much more. The company provides equipment for leading agricultural brands including John Deere, New Holland, International, Isuzu, Kubota, Bobcat, Case, Caterpillar, Continental, Cummings, Mahindra, Massey Ferguson, and McCormick, among many others.
The acquisition will establish ASAP’s 12th retail location and first salvage yard in California. Over time, ASAP will expand the product line currently available to Kern’s customers by providing access to inventory across ASAP’s entire store and online footprint. The California location also offers ASAP a valuable footprint in the U.S. state with the most food production by volume and access to the California farms, ranches, orchards, and vineyards with long-standing relationships with Kern.
For more information, see the full press release.