Titan Machinery announced that it completed the acquisition of Falcon Power, which consists of two Case construction equipment dealerships located in Phoenix and Flagstaff, AZ.

Falcon Power’s two dealerships provide new and used construction equipment, parts sales, and services to a seven county area in Arizona. The dealerships are well positioned to benefit from residential and infrastructure development activity in the Phoenix and Flagstaff areas. In its most recently reported fiscal year, Falcon Power reported revenues of approximately $5.5 million.

“We are excited to expand the Titan Machinery footprint into Arizona, as we continue to execute on our core growth strategy of selective and strategic acquisitions in the United States,” David Meyer, Titan Machinery chairman and CEO, said. “The areas served by our two new locations have large market potential for new and used construction equipment and parts and service sales, as well as for associated rental demand. We look forward to implementing our Titan Operating Model into these dealerships and are confident that they will contribute to our long-term profitable growth.”

Titan Machinery, headquartered in West Fargo, ND, owns and operates a network of full service agricultural and construction equipment stores in the United States and Europe.