May 2011

Titan Machinery Completes IPO and Follow-On Offering Raising $226M

FaegreBD represented Craig-Hallum Capital Group and Robert W. Baird & Co. as the managing underwriters for the initial public offering of Titan Machinery Inc. The offering raised more than $50 million for the issuer.

FaegreBD also represented Craig-Hallum Capital Group Robert W. Baird & Co. as the managing underwriters for the follow-on public offering of over $97 million for Titan Machinery and Titan Machinery’s May 2011 $79.4 million public offering. Titan Machinery, based in Fargo, North Dakota, owns and operates one of the largest networks of full service agricultural and construction equipment stores in North America.

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