Financial Advisor to Pattlen Enterprises

GLC Advisors Transaction Closing Announcement

Pattlen Enterprises, Inc. (“Pattlen”), a distributor of commercial turf maintenance and irrigation equipment doing business as (“D.B.A”) L.L. Johnson Distributing Company, Inc. and Midwest Turf & Irrigation, announced the acquisition of substantially all of the assets by Oakcreek Golf & Turf LP, a portfolio company of Banyan Capital Partners.

Founded in 1976, Pattlen for nearly 50 years built up 2,400+ customers (golf courses, municipalities, sports facilities, and commercial landscapers) across 13 states, with 5 locations winning 15 Toro Partner’s in Excellence awards including 2024 Distributor of Excellence – North America.

Pattlen offers a comprehensive portfolio of equipment and systems from leading manufacturers, complimented by parts and service support.

---

“No team has ever suffered from too much talent, and we found just that when we selected GLC Advisors as our exclusive advisor. GLC partnered alongside my team navigating each step of an incredibly complicated process, going above and beyond to achieve the optimal outcome. I believe we bring superior service, customer relations, and products to the marketplace that is unmatched and unrivaled that will be highly complementary to the Oakcreek platform.”

Jim Johnson
President & CEO, Pattlen Enterprises

---

GLC’s Business Services & Industrials Team  GLC’s Business Services & Industrials Team is exclusively focused on advising business services and industrials clients in the Middle Market. Our team’s advisory work includes M&A (sell-side and buy-side), financing/debt advisories, recapitalizations, fairness opinions, and valuations. We excel at working with founders and owner-operators. Our team is passionate about the businesses and people that hire us to advise in their strategic decisions and events. Michael Richter  /  Managing Director Michael.Richter@glca.com   /  303.479.3844 Adam Fiedor  /  Managing Director Adam.Fiedor@glca.com  /  303.479.3845 Michael Fleschner  /  Managing Director Michael.Fleschner@glca.com  /  303.479.3846 Michael Armbruster  /  Vice President Michael.Armbruster@glca.com  /  303.479.3851 GLC Advisors & Co. GLC Advisors & Co. delivers objective, senior-level expertise to clients through a variety of advisory assignments including: mergers & acquisitions, equity and debt capital advisories, restructurings/recapitalizations, fairness opinions, and valuations. Offices are located in New York, Denver, Los Angeles and San Francisco.