M&A Deal Summary

FarmQA Acquires Farm Dog

On November 14, 2024, FarmQA acquired software company Farm Dog from Deveron

Acquisition Highlights
  • This is FarmQA’s 1st transaction in the Software sector.
  • This is FarmQA’s 1st transaction in the United States.
  • This is FarmQA’s 1st transaction in California.

M&A Deal Summary

Date 2024-11-14
Target Farm Dog
Sector Software
Buyer(s) FarmQA
Sellers(s) Deveron
Deal Type Divestiture

Target

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.

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Buyer(S) 1

Buyer

FarmQA

Fargo, North Dakota, United States

Category Company
Sector Internet Software and Services
DESCRIPTION

FarmQA offers digital tools that enable agricultural professionals to streamline operations and deliver better outcomes for growers. Its platform combines a user-friendly mobile scouting app with a full-featured web solution for monitoring crop and soil health. With FarmQA, agricultural advisors can make informed, data-driven decisions that improve crop recommendations, optimize input use, and promote sustainable practices. FarmQA is based in Fargo, North Dakota.


DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

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 (Software) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-02 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.

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