M&A Deal Summary

Deveron Acquires A&L Biological

On May 2, 2022, Deveron acquired life science company A&L Biological

Acquisition Highlights
  • This is Deveron’s 1st transaction in the Life Science sector.
  • This is Deveron’s 1st transaction in Canada.
  • This is Deveron’s 1st transaction in Ontario.

M&A Deal Summary

Date 2022-05-02
Target A&L Biological
Sector Life Science
Buyer(s) Deveron
Deal Type Add-on Acquisition

Target

A&L Biological

London, Ontario, Canada
A&L Biological is a soil and tissue laboratory that operates a 54,500 square foot laboratory with significant growth capacity, including a large R&D group that has produced patented, crop-specific yield and disease solutions. A&L Biological is based in London, Ontario.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Deveron

Toronto, Ontario, Canada

Category Company
Founded 2011
Sector Information Technology
Employees218
Revenue 29M CAD (2022)
DESCRIPTION

Deveron is an agriculture technology company that uses data and insights to help farmers and large agriculture enterprises increase yields, reduce costs and improve farm outcomes. The company employs a digital process that leverages data collected on farms across North America to drive the unbiased interpretation of production decisions, ultimately recommending how to optimize input use. Its team of agronomists and data scientists builds products that recommend ways to better manage fertilizer, seed, fungicide, and other farm inputs. Deveron was formed in 2016 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Life Science) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-11-14 Farm Dog

Los Angeles, California, United States

Farm Dog is an agricultural data platform. Farm Dog was founded in 2015 and is based in Los Angeles, California.

Sell -