Experience

AGRICULTURAL INPUTS TRANSACTION

Integris Partners, Ltd., recently advised Lariat Partners, LP, a Denver, Colorado based middle-market private equity firm, on its acquisition of Northern Seed, LLC. Headquartered in Montana, the Company distributes certified wheat, barley and other cereal seed through its four seed processing facilities. Additionally, Northern Seed offers seed treatment and conditioning services to growers to reduce disease and significantly enhance yields.

President Ron Ueland, who was previously Executive Vice President of United AgriProducts, a major division of ConAgra, and President of WestBred, Inc., a leading genetic seed company acquired by Monsanto, manages the Company's operations. The transaction combines Northern Seed with Lariat's history of successfully partnering with and growing agricultural businesses.

“Integris delivered exactly the type of opportunity we were looking for,” said Kevin Mitchell, Managing Partner at Lariat. “We were seeking a unique agricultural enterprise with significant growth opportunities and a management team to execute on them. At Northern Seed there’s a tremendous opportunity to grow and become an integral partner with seed technology companies and growers in enhancing cereal health traits and better yields.” Mitchell added, “Whenever we needed assistance, Integris was there with their experience and knowledge of the agribusiness industry, which is second to none in the middle-market.”

Ron Ueland, President of Northern Seed said, “As we grow in the seed business, we are very pleased to have Lariat as a strategic partner. Lariat has a proven track record with this type of growth profile and strategy in the agricultural industry. We are very excited for our customers, industry partners, and owners that we have formed this strategic partnership. Lariat’s ownership will provide us with the resources to take advantage of the many growth opportunities.”

For more information, please contact Bill Eastwood, Pat Seese, or Ethan Furtek.