Banyan's Oakcreek Golf and Turf acquires Simpson Norton

Oakcreek Golf and Turf LP has acquired Simpson Norton Corp, a Goodyear, Arizona-based distributor of commercial turf maintenance and irrigation equipment, systems and parts in the United States. No financial terms were released. Calgary-based Oakcreek is a supplier of Toro commercial turf equipment, Yamaha golf cars and PistenBully snowcats. Established in 1969, it is a portfolio investment of Banyan Capital Partners, a Canadian private equity firm. Banyan's Jeff Wigle said the Simpson deal is a "significant milestone" for Oakcreek. Banyan will continue to invest in the company's growth into new markets and acquisition activity, he added.

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