Well-managed permanent crop portfolio

Overview

This is an opportunity to invest in well-managed permanent nut crops in the Central and Sacramento Valleys of California.  I worked with two families to consolidate a 14,000 acre portfolio of pistachio, walnut and almond orchards that they had acquired over seventeen years, in sixteen entities, with nine-five investors.  In September 2017 these sixteen entities were merged into a single company that currently produces approximately $50 million of revenue and distributes an attractive annual dividend.  The holdings are diversified by geography, water supply and crops.   Approximately 60% of the orchards are fully mature and producing, and the remaining 40% is planted but coming into maturity over the next few years.

The managing members own a signifanct percentage of the company and are fourth generation nut farmers.  With the consolidation complete, they are raising $20 million (5% of company) for add-on acquisitions, redevelopment of certain orchards and other growth opportunities.  The current investors are expected to be at least 25% of the capital raise and the company is interested in adding new investors.

If you are interested, please let me know and I'll forward a presentation that includes summary portfolio and financial information.

Contact Member
Sector
Operating company
Geographic Region
West
Expiration Date of Post
Sunday, April 16, 2028
Source of Deal
I am investing in a new deal (or considering an investment)
Leadership of Deal
Another family is leading the deal
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