Key Takeaways
- • Ara Partners has taken a majority stake in Pacific Ag, a crop residue harvester founded in 1998.
- • Pacific Ag collects corn stover, wheat straw and other harvest leftovers from farms across more than 30 US states.
- • The company supplies harvested residues to dairy operations and mushroom growers, serving agricultural end markets.
- • Source material available for this report is limited to the opening disclosure; deal value and financial terms were not reported in the available text.
Summary
Ara Partners has taken a majority stake in Pacific Ag, a crop residue harvester that collects corn stover, wheat straw and other harvest leftovers from farms. Founded in 1998, Pacific Ag operates across more than 30 US states, and supplies the collected material to dairies and mushroom growers.
The transaction positions Ara Partners as the controlling shareholder in a business that sits between agricultural producers and downstream users of agricultural byproducts. The available source text does not disclose the purchase price, the seller, or the post-deal management arrangements, and those details should be confirmed through further reporting.
The transaction positions Ara Partners as the controlling shareholder in a business that sits between agricultural producers and downstream users of agricultural byproducts. The available source text does not disclose the purchase price, the seller, or the post-deal management arrangements, and those details should be confirmed through further reporting.
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