Agriculture Acquisitions in North Carolina

M2 Advisors, a New York–based holding company owned by entrepreneur Matt Matros, acquired Mule City Specialty Feeds, Inc., a Benson, North Carolina animal feed manufacturer. The transaction closed April 3, 2025 and was advised by Generational Group; the acquisition represents an ownership transition likely tied to founder/owner succession and continued operation of Mule City's custom feed and Non‑GMO product offerings.

Custom Agronomics, a portfolio company of Inverness Graham Green Light, has acquired BioTek Ag to expand its private-label portfolio of liquid plant nutrients, nitrogen stabilizers and specialty products. The deal broadens Custom Ag’s formulation capabilities and extends the combined business’s geographic reach into the U.S. Midwest and Southeast. Terms were not disclosed.

The Mosaic Company has acquired Plant Response, Inc., a biologics-focused crop inputs consolidator, to form Mosaic Biosciences and expand Mosaic’s plant-health product offerings. Plant Response — which brought together multiple biologics businesses and a portfolio of commercialized products — was backed by a group of strategic and venture investors prior to the acquisition.

Funds managed by AEA Investors have acquired Verdesian Life Sciences from Paine Schwartz Partners. Verdesian, a Cary, North Carolina-based developer of biological, nutritional, fertilizer enhancers, seed treatment and inoculant technologies with more than 240 employees, will partner with AEA to scale organically and through strategic acquisitions and expand geographically.

Virtual Medical International Inc. agreed to acquire FarmShare, LLC, an industrial hemp cultivation and CBD processing operation based in La Grange, North Carolina, in a transaction composed of stock and cash. The deal comprises 1.5 million shares of common stock plus purchase of existing inventory for $866,750 via a promissory note; Virtual Medical said the acquisition gives it an immediate presence in the southeast U.S. and additional CBD production capacity.