Add-on Acquisition • Agriculture

PRT Acquires IFCO Seedlings

On April 5, 2023, PRT acquired agriculture company IFCO Seedlings

Acquisition Context
  • This is PRT’s 2nd transaction in the Agriculture sector.
  • This is PRT’s 1st transaction in the United States.
  • This is PRT’s 1st transaction in Georgia.

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M&A Deal Summary

Date April 5, 2023
Target IFCO Seedlings
Sector Agriculture
Buyer(s) PRT
Deal Type Add-on Acquisition
Advisor(s) North Inlet Advisors (Financial)

Target Company

IFCO Seedlings

Moultrie, Georgia, United States
IFCO Seedlings is a provider of premium-quality container and bareroot seedlings. IFCO Seedlings was founded in 2004 and is based in Moultrie, Georgia.
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Buyer Overview 1

Buyer

PRT

Victoria, British Columbia, Canada

Category Company
Founded 1988
Sector Business Services
DESCRIPTION

PRT is the producer of container-grown forest seedlings in North America. Forest seedlings are used to replant forests after timber is harvested. The company has the capacity to custom grow more than 180 million seedlings per year at 13 nurseries located in Canada and the United States. It also provides a variety of ancillary services to support the reforestation needs of its customers. PRT was founded in 1988 and is based in Victoria, British Columbia.


Deal Context for Buyer #
Overall 2 of 2
Sector: Agriculture 2 of 2
Type: Add-on Acquisition 1 of 1
State: Georgia 1 of 1
Country: United States 1 of 1
Year: 2023 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-21 Woodmere Nursery - Alberta Facility

Fairview, Alberta, Canada

Woodmere Nursery's Alberta Facility specializes in container grown tree seedlings for afforestation, reforestation and landscaping. Woodmere Nursery's Alberta Facility is based in Fairview, Alberta.

Buy -