BDO M&A
41
UNITED STATES OF AMERICA
Sale of Left Hand Robotics, Inc. to The Toro Company
BDO Capital Advisors, LLC (BDO Capital) acted on the sale of Left Hand Robotics, Inc. (LHR) to The Toro Company (NYSE:TTC), a leading worldwide provider of innovative solutions for the outdoor environment. BDOCapital served as exclusive financial advisor to LHR on this transaction, which builds on the firm’s experience working with venture-backed, founder-operated companies in the technology and automation sectors. Based in Longmont, Colorado, Left Hand Robotics is recognized for developing innovative autonomous solutions for turf and snow management. Its patent-pending software and advanced technologies for autonomous navigation are designed to provide professional contractors and grounds managers with future solutions to improve their operational efficiency and tackle outdoor tasks with precision. The Toro Company (NYSE: TTC) is a leading worldwide provider of innovative solutions for the outdoor environment including turf and landscape maintenance, snow and ice management, underground utility construction, rental and specialty construction, and irrigation and outdoor lighting solutions. With sales of USD3.4 billion in fiscal year 2020, The Toro Company’s global presence extends to more than 125 countries through a family of brands that includes Toro, DitchWitch, Exmark, BOSS Snowplow, American Augers, Subsite Electronics, HammerHead, Trencor, Unique Lighting Systems, Irritrol, Hayter, Pope, Perrot, Lawn-Boy and Radius HDD.
BDO contact for this transaction
BOB SNAPE President bsnape@bdocap.com
INTERNATIONAL SNAPSHOTS 2022
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