OTTAWA ON January 18, 2019 – Market Maker Agriculture today announced it has completed the acquisition of Arkansas Valley Seed.
Market Maker Agriculture, a long-term hold private equity company, provides financial and governance support to help transition ownership and grow agriculture businesses throughout North America. AVS becomes the third cornerstone agribusiness in Market Maker’s portfolio.
Founded in 1945, AVS is one of the dominant seed suppliers in Western United States, known for its high-quality seed and customer service. Under the agreement, Market Maker acquires a majority stake in AVS. Richard Avila stays on as CEO.
“This courtship began several months ago when AVS began looking for a strategic investor to finance continued growth while allowing its principals to plan their succession,” said Greg Skotnicki, president of Market Maker. “They received several offers but our commitment to maintain their legacy while helping them grow made us their preferred choice.”
“We are a stronger company now because of this transaction,” said Mr. Avila. “We have a long-term vision for growth and a commitment to continue to exceed customer expectations.”