Investment Summary

Arable Capital Partners Invests In Progressive Produce

On March 14, 2024, private equity firm Arable Capital Partners invested in agriculture company Progressive Produce

Investment Highlights
  • This is Arable Capital Partners’ 3rd transaction in the Agriculture sector.
  • This is Arable Capital Partners’ 9th transaction in the United States.
  • This is Arable Capital Partners’ 8th transaction in California.

Investment Summary
Date 2024-03-14
Target Progressive Produce
Sector Agriculture
Investor(s) Arable Capital Partners
Deal Type Growth Capital

Target

Progressive Produce

La Mirada, California, United States
Progressive Produce is a grower, packer, and distributor of conventional and organic produce to the retail, wholesale and foodservice sectors in U.S. and Canada. Progressive Produce was founded in 1967 and is based in La Mirada, California.

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Investor(S) 1

Investor

Arable Capital Partners

Investor Investor Investor Investor

Category Private Equity Firm
Founded 2016
Size Small
Type Sector Focused
DESCRIPTION

Arable Capital Partners LLC is an investment firm focused on food and agriculture businesses based in the Western US. Prospective transaction types include management buyouts and growth financings. Arable Capital Partners was formed in 2016 and is based in Bellevue, Washington.

DEAL STATS #
Overall 9 of 9
Sector (Agriculture) 3 of 3
Type (Growth Capital) 3 of 3
State (California) 8 of 8
Country (United States) 9 of 9
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-30 organicgirl

Salinas, California, United States

organicgirl is a provider of an organic packaged salads. organicgirl is based in Salinas, California.

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Mergr

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