Bakersfield, Cali.-based Arable Capital Partners has completed the acquisition of three irrigation companies.
According to a news release, the purchases included irrigation companies Hydratec, Inc., Lodi Pump & Irrigation and Universal Irrigation & Supply.
The acquired companies will form a platform called Laurel Agriculture + Water Solutions (“Laurel Ag”), according to the release.
“As we developed this solution-based team, we wanted to be sure that we were filling the gaps with members that have reputations of excellence and integrity.” Derek Yurosek, managing director of Arable Capital Partners said in the release.
