Cascadia Advises Platte River Equity on its Exit of Tiger-Sul, a Leading Crop Nutrition Platform

a portfolio company of Platte River Equity Logo

has been acquired by Tessenderlo Kerley Logo

Cascadia Capital is pleased to announce that Tessenderlo Kerley has acquired Tiger-Sul Products, a North American provider of sulfur-based fertilizer products, from Platte River Equity. The acquisition closed on November 6, 2024.

Tessenderlo Kerley, Inc. (“TKI”), a subsidiary of Tessenderlo Group, is an established leader in the production and marketing of crop nutrition and crop protection products used in agriculture. The acquisition enhances Tessenderlo Kerley’s specialty fertilizer portfolio, aiming to deliver improved crop yields, greater control for farmers, and healthier soils for all. Tiger-Sul will maintain its operations under its existing brand names.

“We’re excited to welcome Tiger-Sul to the Tessenderlo Kerley team, and we look forward to our ability to offer our customers Tiger-Sul’s complementary crop nutrition and soil enhancement products,” said Russell Sides, Executive Vice President of Tessenderlo Kerley.

Tiger-Sul Products, LLC is the market leading provider of sulphur bentonite to farmers across North America. Since 1964, Tiger-Sul has been a leader in sulphur fertilizer industry, earning a reputation for providing premium-quality products and extraordinary customer service. Its collective skills, industry knowledge and integrity benefit customers, suppliers, business partners, employees, and the community.

“We appreciate the support from Platte River Equity, and we are looking forward to providing great value to our customers through our new partnership with Tessenderlo Kerley,” said Mike Dennerlein, President of Tiger-Sul.

Kris Whalen, Managing Director at Platte River Equity, commented, “Tessenderlo Kerley’s strategic vision and focus on innovation are well-aligned with Tiger-Sul’s mission, and we wish both the Tessenderlo Kerley and Tiger-Sul teams’ great success in this next chapter together.”

“This transaction reflects continued momentum in the crop input sector within Cascadia’s leading Agribusiness practice,” noted Scott Porter, Cascadia Capital Managing Director. “It was an honor to represent Tiger-Sul, the sulphur bentonite market leader, as well Platte River Equity, a market leading investor in Chemicals (including AgChem), Industrials and Aerospace. Tiger-Sul’s partnership with TKI reflects continued interest in crop inputs from cross-border strategics.”

“This transaction further underscores the growing interest and strategic alignment within the crop input sector, demonstrating Cascadia Capital’s ability to connect market-leading companies and investors in Ag, chemicals, and beyond,” said Owen Baldrica, Director at Cascadia Capital. “We are proud to have facilitated Tiger-Sul’s partnership with TKI, which highlights the increasing cross-border collaboration and investment in innovative solutions for global agriculture.”