AgroFresh Acquires Tessara

Paine Schwartz Partners Takes AgroFresh Private

April 3, 2023

Agriculture

Paine Schwartz Partners has completed a go-private acquisition of AgroFresh Solutions, Inc., acquiring the company’s outstanding public shares and delisting it from NASDAQ. The transaction gives AgroFresh a private ownership structure intended to strengthen its financial foundation and support expansion initiatives, innovation investment, and its mission to reduce food waste across the fresh produce supply chain.

FreshEdge Acquires Testa Produce

May 1, 2023

Food & Beverage

FreshEdge, a super-regional fresh food distributor backed by Wind Point Partners, acquired Testa Produce, a Chicago-based produce and specialty food distributor. The add-on expands FreshEdge's Midwest footprint, adding capacity, a 91,300 sq. ft. LEED Platinum facility and broader product offerings to serve foodservice and retail customers across Illinois, Wisconsin and Indiana.

AgroFresh Acquires Pace International LLC

March 27, 2024

Agriculture

AgroFresh Solutions, Inc. has acquired Pace International LLC from Valent BioSciences LLC, expanding AgroFresh’s post‑harvest solutions portfolio and strengthening its presence in key fruit‑growing regions in North and South America. The deal pairs Pace’s edible coatings, fungicides, storage treatments and application equipment with AgroFresh’s global scale and will be complemented by a strategic collaboration between AgroFresh and Valent BioSciences to accelerate innovation.

Wheatsheaf (via TriStrata) Acquires 90% of Purfresh

February 7, 2019

Agriculture

Wheatsheaf Group Limited, through its wholly owned food-safety subsidiary TriStrata Group, has acquired a 90% stake in Purfresh, a provider of controlled-atmosphere systems and cloud-based cold-chain monitoring for refrigerated ocean shipping containers. The acquisition will provide funding to accelerate global rollout of Purfresh's Intellipur monitoring software and atmosphere technologies to reduce spoilage and improve food safety in perishable cargo shipments.

AgriBriefing (Horizon Capital-backed) Acquires Tallage SAS (Stratégie grains)

February 1, 2021

Data & Analytics

AgriBriefing, a Horizon Capital‑backed agribusiness market intelligence group, has acquired French market‑data provider Tallage SAS, which trades as Stratégie grains. The nearly 30‑year‑old business — relied on by roughly 350 corporate customers across the agri‑food chain — will continue to be led by founders Andrée Defois and Jean‑Christophe Paquier following the transaction.

Paine Schwartz Partners Makes Growth Equity Investment in Advanced Agrilytics

September 17, 2019

Agriculture

Paine Schwartz Partners has made its first growth equity investment from Paine Schwartz Food Chain Fund V in Advanced Agrilytics, an agronomics services business that provides precision farming analytics and on‑the‑ground agronomic advice. Financial terms were not disclosed; the investment will support scaling the business, adding data scientists and agronomic professionals, and expanding customer and implementation teams.