M&A Deal Summary

ever.ag Acquires PrairiE Systems

On January 8, 2024, ever.ag acquired software company PrairiE Systems

Acquisition Highlights
  • This is ever.ag’s 3rd transaction in the Software sector.
  • This is ever.ag’s 4th transaction in the United States.
  • This is ever.ag’s 1st transaction in Iowa.

M&A Deal Summary
Date 2024-01-08
Target PrairiE Systems
Sector Software
Buyer(s) ever.ag
Deal Type Add-on Acquisition

Target

PrairiE Systems

Spencer, Iowa, United States
PrairiE Systems specializes in animal management, feed management, and feed supply chain management for pork producers. Their flagship products include the Feed Allocation System (FAS) and Smart Order e-procurement system, all designed to enhance efficiency and productivity in pork production. PrairiE Systems is based in Spencer, Iowa.

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Buyer(S) 1

Buyer

ever.ag

Chicago, Illinois, United States
Category Company
Sector Business Services
DESCRIPTION

ever.ag provides price risk management solutions across the agricultural commodity supply chain. ever.ag is a provider of crop insurance, commodity brokerage, technology, and other services for the dairy, grain, and livestock sectors. ever.ag is based in Chicago, Illinois.

DEAL STATS #
Overall 5 of 7
Sector (Software) 3 of 3
Type (Add-on Acquisition) 5 of 7
State (Iowa) 1 of 1
Country (United States) 4 of 5
Year (2024) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-24 Austin Data Labs

Smithville, Missouri, United States

Austin Data Labs data science firm building data science products, predictive machine learning software, and artificial intelligence solutions for the global commodity agriculture and food and beverage industry. Austin Data Labs is based in Smithville, Missouri.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-16 AgencyRoot

Dallas, Texas, United States

AgencyRoot is a SaaS platform designed specifically for crop insurance agents. The company's platform supports a wide range of insurance products, including Multi-Peril Crop Insurance (MPCI), Crop-Hail insurance, as well as other private products. AgencyRoot was formed in 2018 and is based in Dallas, Texas.

Buy -
Mergr

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