Buyout (LBO, MBO, MBI) • Agriculture

Heartwood Partners Acquires NativeSeed

On March 27, 2023, private equity firm Heartwood Partners acquired agriculture company NativeSeed

Acquisition Context
  • This is Heartwood Partners’ 2nd transaction in the Agriculture sector.
  • This is Heartwood Partners’ 27th transaction in the United States.
  • This is Heartwood Partners’ 2nd transaction in California.

Explore All 126 Buyout (LBO, MBO, MBI) Agriculture Deals - Search the Database Free


M&A Deal Summary

Date March 27, 2023
Target NativeSeed
Sector Agriculture
Buyer(s) Heartwood Partners
Deal Type Buyout (LBO, MBO, MBI)

Target Company

NativeSeed

Carpinteria, California, United States
NativeSeed is a provider of native seeds and erosion control products used in land reclamation and conservation, as well as various construction, commercial, and consumer applications. The Company goes to market under various brands, including Granite Seed, S&S Seeds, and Pacific Coast Seed, among others, each of which provides native seeds to a diverse group of landowners, energy companies, state & federal agencies, environmental engineers, and contractors. Additional brands such as Kamprath Seed and Bruce Seed serve the agriculture market with cover crop seed blends to assist in pollination and soil health. Its Nature’s Seed brand sells flower, turf, hunting, and grazing seed blends to homeowners, hobby farmers, and smaller rural landowners throughout the United States. NativeSeed is based in Carpinteria, California.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 1

Buyer

Heartwood Partners

Norwalk, Connecticut, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1982
PE ASSETS 1.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Heartwood Partners is a private equity firm focused on partnerships with middle-market companies across the US. The Firm prefers to invest in family owned and managed companies where it can leverage strategic resources for long-term growth. Target companies are typically profitable with $5 to $30 million of EBITDA with up to $400 million in revenue. Sectors of interest include agriculture, automotive, consumer products, distribution, food, industrial services, niche manufacturing, packaging, and chemicals. Heartwood Partners was formed in 1982 and is headquartered in Norwalk, Connecticut.


Deal Context for Buyer #
Overall 27 of 32
Sector: Agriculture 2 of 2
Type: Buyout (LBO, MBO, MBI) 11 of 11
State: California 2 of 2
Country: United States 27 of 32
Year: 2023 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-17 CMI

Marietta, Georgia, United States

CMI is a manufacturer of marine vinyl sheet piling and benefits. CMI’s product line includes vinyl, composite, and aluminum sheet piling for cut-off & containment, flood protection, and water control as well as aluminum docks and access bridges used primarily for access to marine locations. CMI customers include distributors, contractors, engineering firms, commercial institutions (hotels, oil refineries, etc), and government entities. CMI was founded in 1987 and is based in Marietta, Georgia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-11 Parkway Products

Greenville, South Carolina, United States

Parkway Products is a supplier of custom plastic and magnesium molded parts to the automotive, aerospace, medical and industrial markets. Parkway Products was founded in 1946 and is based in Greenville, South Carolina.

Sell -