Heartwood Partners Acquires NativeSeed Group

NativeSeed Group (Heartwood Partners) Acquires Star Seed

January 25, 2024

Agriculture

NativeSeed Group, a Heartwood Partners portfolio company, has acquired Star Seed, a producer and supplier of conservation and farm seeds based in Osborne, Kansas. The add-on expands NativeSeed's product offering (adding warm-season varieties and >300 seed varieties) and extends its geographic footprint into the U.S. Midwest to better serve conservation, farm, and restoration customers.

NativeSeed Group Acquires Arrow Seed

July 24, 2024

Agriculture

NativeSeed Group, the seed and erosion-control platform backed by Heartwood Partners, has acquired Arrow Seed, a fourth-generation family-owned seed conditioner and supplier based in Broken Bow, Nebraska. The add-on expands NativeSeed's Midwestern footprint and broadens its product portfolio with additional warm-season and conservation seed varieties.

Heartwood Partners Acquires Majority Stake in Patten Seed Company (Super-Sod)

September 18, 2020

Agriculture

Heartwood Partners (Heartwood Partners III, LP) completed an investment in Patten Seed Company (doing business as Super-Sod) on September 18, 2020, providing capital to support the company's next phase of growth. The Patten family and senior management retained a meaningful equity stake; Heartwood intends to support organic growth, technology adoption, and acquisition-driven geographic expansion across the Southeastern U.S.

Heartwood Partners Invests in Royal Products

April 12, 2024

Manufacturing

Heartwood Partners made a growth investment in Royal Products, a Hauppauge, New York-based manufacturer and distributor of metalworking performance accessories, on April 12, 2024. Management will remain in place while Heartwood plans to support the company’s expansion through investments in people, processes and strategic add-on acquisitions; Lincoln International and Carl Marks Advisors served as financial advisors.

Heartwood Partners Makes Growth Investment in Norlee Group; White Wolf Exits

November 5, 2024

Industrial Services

Heartwood Partners made a growth investment in Norlee Group, a Jacksonville, Florida-based provider of electrical, mechanical, technology, fire protection and engineering services, with White Wolf Capital exiting its prior investment. Heartwood is partnering with Norlee's management to accelerate organic growth and support add-on acquisitions; since the investment Norlee has completed three strategic acquisitions to expand capabilities and market presence in Florida. Transaction terms were not disclosed.

S&S Seeds Acquires Granite Seed from Marwit Capital

February 26, 2020

Agriculture

S&S Seeds, a market leader in native seed for reclamation projects in California and the western United States, has acquired Granite Seed, a portfolio company of Marwit Capital. The acquisition expands S&S's geographic footprint into the Intermountain West and combines Granite Seed's vertically integrated seed production, cleaning/blending and erosion-control capabilities with S&S's existing operations; Granite Seed's senior management will remain with the combined entity.