Add-on Acquisition • Business Services

Growers Edge Acquires FarmTest

On July 29, 2025, Growers Edge acquired business services company FarmTest

Acquisition Context

This is Growers Edge’s 1st transaction in the Business Services sector.
This is Growers Edge’s 2nd transaction in the United States.
This is Growers Edge’s 1st transaction in California.

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M&A Deal Summary
Date	July 29, 2025
Target	FarmTest
Sector	Business Services
Buyer(s)	Growers Edge
Deal Type	Add-on Acquisition

Target Company

FarmTest

Palo Alto, California, United States

FarmTest is an automated performance testing platform that delivers precise, efficient, and easy-to-execute plot and strip trials for commercial farms using commercial farm equipment. FarmTest was formed in 2019 and is headquartered in Palo Alto, California.

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Buyer Overview 1

Buyer

Growers Edge

Johnston, Iowa, United States

Category	Company
Founded	2017
Sector	Business Services

DESCRIPTION

Growers Edge is a provider of innovative agricultural technology and finance solutions that enable farmers to adopt new technologies to improve profitability. The Company puts grower profits first by delivering grower income assurance through data-driven financial technology products, solutions and tools for the agricultural sector. Growers Edge was founded in 2017 and is based in Johnston, Iowa.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Business Services	1 of 1
Type: Add-on Acquisition	2 of 2
State: California	1 of 1
Country: United States	2 of 2
Year: 2025	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2024-12-19	AQUAOSO Technologies Denver, Colorado, United States AQUAOSO Technologies provides a proven suite of location-based lending software, data, maps, and analytics purpose-built to empower trusted relationships between ag lenders and their borrowers. AQUAOSO Technologies was founded in 2016 and is based in Denver, Colorado.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2024-12-19

AQUAOSO Technologies

Denver, Colorado, United States

AQUAOSO Technologies provides a proven suite of location-based lending software, data, maps, and analytics purpose-built to empower trusted relationships between ag lenders and their borrowers. AQUAOSO Technologies was founded in 2016 and is based in Denver, Colorado.

Buy

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