After thoroughly analyzing what is likely to lie ahead for your business, our goal is to work with you to illuminate your best path, lead you on its twists and turns, and get you where you want to be efficiently and creatively.
Providing Private Investment Banking Services Exclusively to Agribusiness Companies for Over 30 Years
Our deep collective knowledge of all aspects of agribusiness — our market intelligence — reduces the time we need to understand a client’s business, markets, and value, enabling us to meet client needs in the shortest possible time frame. Our clients include operating companies across the food chain, as well as private equity and other firms desiring to acquire agribusinesses. We bridge investment banking and agribusiness with extensive global experience to help our clients meet the growing challenges of a rapidly changing world market.
An agricultural finance company had outgrown its capital base in going from start-up to over $21 million in revenues in just five years. We surveyed the equity market and found a New York-based investor to provide the needed money. A year later, the client was able to go public.
A major French seed company wanted to sell a flower seed production subsidiary in Costa Rica. We prepared a memorandum describing the subsidiary and its business attributes. After surveying the world market, we located a major Japanese company that was interested in purchasing the assets of the subsidiary in order to diversify its international production operation. We assisted in negotiations between the French company and the Japanese company and helped to bring the transaction to a successful conclusion.
A large farmers’ cooperative with financial difficulties needed to sell its fertilizer and crop inputs division to get on sounder financial footing. The accounting systems were complex, and it was difficult to establish value and a coherent offering memorandum for the divisions. While we were working on the assignment, the cooperative filed for bankruptcy. The trustee then retained us to continue with our assignment, ultimately selling the business to another major cooperative.
A U.S.-based industrial conglomerate retained us to advise on the divestiture of its biological pesticides-based crop protection business. We advised our client through a long diligence process, eventually selling the business to a Japanese-based trading company.
A private, national, seed corn production and marketing company wanted to restructure its business after the termination of a marketing agreement with a larger company. We studied the company and developed a model to project its financial affairs under various scenarios and with different capitalizations.
Working with the client, we then developed a recapitalization strategy. We implemented it by arranging a term loan with an international bank and an Industrial Revenue Bond financing for a research facility. Later, when the client’s growth required still more capital, we arranged an equity transaction with an international chemical company. Our client was later sold to that company, and we acted as advisors in the transaction.
An agricultural equipment company was experiencing financial problems and lost the support of its bank. We were able to find a new lender and new mezzanine capital to restructure it financially. The company was then able to buy a competitor to enlarge its business to a more economically viable size, and we assisted in that purchase.