Experience

AGRICULTURAL PRODUCTS TRANSACTION

Integris Partners recently advised Actagro, LLC, a portfolio company of RedCloud Capital, in its sale to Norwest Equity Partners. Actagro is a leading developer, manufacturer, and marketer of organic acid liquid specialty plant nutrients created through its own proprietary processes. Actagro, based in Fresno, CA, offers products comprised of Actagro Organic Acids®, proprietary organic acid formulations that increase nutrient uptake and availability. Debt financing for this transaction was provided by GE Antares Capital and Madison Capital Funding.

“The Integris team understood both the intricacies of our product and the unique dynamics of the plant nutrient business,” said Carl Ueland, President of Actagro. “Their familiarity with agricultural chemistry and the relevant market players afforded us the opportunity to engage the strong interest of an array of potential investors who had a deep knowledge our sector and shared our enthusiasm for the industry.”

Kevin Mitchell, a Partner at RedCloud, added “Integris delivered a tremendous and high quality new partner for the Actagro team, as well as a great result for RedCloud and its investors. The team at Integris created and met a highly aggressive timeline, closing in less than four months after commencing the calling effort, while at the same time exceeding our expectations for a successful outcome.”

Actagro is headquartered in Fresno, CA and operates manufacturing plants located in the San Joaquin Valley, CA and on the Mississippi River near Memphis, TN. The Company delivers product both domestically and internationally through the industry’s largest distributors.

For additional information on the transaction, please contact Patrick Seese, Bill Eastwood, or Ethan Furtek.