AgroFresh Acquires Pace International LLC

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.

Pace Life Sciences Acquires Biopharma Global

September 8, 2022

Healthcare Services

Pace Life Sciences, a CDMO subsidiary of Pace, has acquired Biopharma Global, a Vienna, Virginia-based regulatory affairs consultancy that specializes in orphan and other high‑unmet‑need drug regulatory support. The acquisition expands Pace's regulatory strategy and submission capabilities for FDA and EMA filings, strengthening its end-to-end development and regulatory services for biotech and pharmaceutical clients.

AgroFresh Acquires Tessara

September 19, 2023

Manufacturing

AgroFresh Solutions Inc., a Paine Schwartz portfolio company, has completed the acquisition of Tessara, a Cape Town–based provider of SO2-generating intelligent packaging for fresh produce. The add-on expands AgroFresh's post-harvest freshness and food-waste reduction capabilities—notably into table grapes and berries—and strengthens its presence across key fruit-growing regions including South Africa, China, Australia and South America.

Produce Investments Acquires Biofresh Safestore

October 25, 2025

Agriculture

Produce Investments, a UK-based agricultural group, has acquired Biofresh Safestore, a specialist in fixed crop storage and sprout-control systems. The deal expands Produce Investments' agri-tech and crop storage capability by combining Biofresh's fixed-installation technologies with PI's Restrain portable sprout-suppression solutions and supports broader European and international growth.

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.

Leonard Green & Partners Acquires Majority Stake in Pace from Aurora Capital Partners

January 11, 2022

Healthcare Services

Leonard Green & Partners (LGP) acquired a majority stake in Pace, a North American provider of analytical and life sciences testing and outsourced scientific solutions, from Aurora Capital Partners; Aurora has reinvested alongside LGP. Founded in 1978, Pace operates a nationwide network of over 65 analytical testing laboratories, 8 life sciences labs, and more than 45 service centers; financial terms were not disclosed.