Cascadia Capital, an investment bank serving middle market clients globally, today announced it acted as the financial advisor to Agro Vision Corp. (“Agrovision” or the “Company”), one of the world’s largest and fastest-growing producers and year-round suppliers of superfruits, in closing a growth capital investment from responsAbility Investments, the Swiss sustainable asset manager focused exclusively on impact investing, and the Avenue Sustainable Solutions Fund, L.P., a fund within Avenue Capital Group.
Agrovision is a vertically integrated, tech-forward superfruit company and leader in sustainable agriculture. The Company operates farming, supply chain, and marketing activities in the world’s three core consumer markets: Asia, North America, and Europe. Agrovision owns and controls large-scale land and water assets in some of the world’s most exceptional climates for their products, including Perú, Mexico, and Morocco. It is a mission-driven business seeking to transform lives while promoting sustainability across its value chain. The Company has also been recognized for its commitment to the environment, receiving one of the industry’s highest distinctions for biodiversity and the conservation and sustainable use of natural resources.
The new investment will support Agrovision’s continued international expansion and further its mission of transforming lives from farm to table and tackling global food insecurity.
“We are thrilled to partner with such high-quality groups aligned with our mission and vision during a time marked by volatility and global supply chain disruptions. This reflects continued confidence in Agrovision’s transformational environmental and social impacts,” said Steve Magami, the Co-Founder and Executive Chairman of Agrovision. “Cascadia was an important partner during our fundraising process. Their knowledge of our sector and relationships with investors played a key role in driving a successful outcome.”
“Agrovision is a leader in sustainable agriculture practices and Cascadia was pleased to help enable its next phase of growth with investments from leading sustainability investors,” said Scott Porter, Cascadia Capital Managing Director. “This investment is reflective of increasing institutional investor interest in partnering with companies that are leaders in sustainability solving global food insecurity.”
The investment in Agrovision represents another successful transaction in the Agribusiness practice for Cascadia and continued demonstration of its experience in vertically integrated production agriculture, permanent crops, and sustainable food. Cascadia’s Agribusiness practice is one the largest and most active Agribusiness practices in North America. Recent transactions include the CEL Group of Companies’ partnership with Madison Industries, the acquisition of Chelan Fruit to International Farming, the sale of The F.L. Emmert Company to Wilbur-Eillis Nutrition and Agriculture Management’s acquisition of Firestone Pacific Foods.
For more information about this transaction, please contact the Cascadia deal team:
Or other senior members of the Cascadia Food, Beverage & Agribusiness practice:
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