A new Fresno, Calif., company is focusing on agribusiness advisory services for family-owned and middle-market agriculture businesses.
Agri Capital is a new division of advisory group MCG, which has worked with Fruit Patch Inc., Sun Pacific and other growers since it was established in 2004, according to a news release.
“Our firm realized that these family AG (agricultural) organizations are often overlooked by large Wall Street financial advisory firms,” Hal Berger, Agri Capital managing partner, said in the release. “Family run AG businesses are sophisticated organization which have the same financial needs as large multinational companies when it comes to advisory services. We decided to focus exclusively on serving the needs of our AG community companies.”
Plans call for a Fresno office by the end of the year, as well as others in the U.S., primarily in the southeast and Midwest.
Agri Capital services include:
- Acquisitions
- Family business sales
- Divestitures
- Exit strategies
- Valuations
“Our research indicates the projected growth for the AG sector in the next decade will provide numerous compelling financial opportunities for AG companies along the entire food supply chain — from grower production to distribution to consumer consumption,” Berger said in the release.
