Axinn Represented Stanley Black & Decker in its $375M Acquisition of Excel Industries

Axinn represented Stanley Black & Decker in its acquisition of Excel Industries, a leading designer and manufacturer of premium commercial and residential turf-care equipment under the distinct brands of Hustler Turf Equipment (Hustler) and BigDog Mower Co. (BigDog).

Stanley Black & Decker's CEO James M. Loree commented, "This is a strategically important bolt-on acquisition as we build an outdoor products leader. Excel brings a range of premier, commercial grade and prosumer turf-care equipment, an extensive dealer network, a talented team and a loyal customer base."

The deal closed on December 1, 2021. The Axinn team included partners Leslie Overton and Daniel Bitton, assisted by associates James Hunsberger and Laviana Alharmoosh.