Kirchner was tenacious in tracking down potential acquirers and their industry experience and contacts were extremely helpful in completing this transaction.
Greg IkonenInterim CEOMendel Biotechnology, Inc.
The Agriculture and Food sector is led by innovation and new technologies. In such a vital and constantly changing industry you need the right experts to help you when you come to a fork in the road. We offer a proprietary methodology whereby we can support and add value to Agriculture and Food companies (and their stakeholders) at every stage from start-up to exit.
• 20 years of operational and investment experience
• Managing Director of $45M agri-food technologies fund
• Professional Agrologist
• Current/past director at numerous agricultural companies
• 35 years experience in consulting and market research in the pesticide, fertilizer and biotechnology industries
• Founded Agricultural Information Services brining new technology to agricultural input suppliers
• Worked for the Battelle Memorial Institute, for 11 years developing their agricultural inputs activities.
• 20+ years in fund management focused on agriculture and energy
• Sits on multiple ag-related boards
• Internationally recognized speaker on entrepreneurial agricultural solutions in underserved capital markets including at the World Bank
• Partner in Food Security Group, Director with Kirchner Food Fellowship and Advisory Board of the Hunger Solutions Institute
Within the agriculture and food sector our more specific expertise includes (but is not limited to) companies in:
• Advanced fertilizers
• Water management
• Seeds and genetics
• Biopesticides
Water Technology company that has developed an innovative system to detect the presence of micro-organism water
Investors group include VC, Angels, University Licensing Branch and Private investors
Significant capital was invested in the company since inception to validate the technology and manufacture a beta unit
Company was still burning cash and had a small number of units in the market
Mandate
Find a strategic acquirer that will support the growth of the business and pay a premium for the synergies. The ideal strategic acquirer will use the technology as a platform to build a large water monitoring group and will recognize the value of the patent portfolio
Activity
Developed material for discussion with Strategic Market
Revised the business plan and financial forecast
Benchmarked the financial projections against competitors in the Water Industry
Prepared a case by case value proposition for each Strategic Acquirer
Contacted the key Strategic Players in the Water industry
Negotiated with potential acquirers the best terms for the investors
Results
Completed a transaction with a Blue chip corporation based in Europe
Transaction exceeded Investor expectation
The acquired was use as a platform to launch a water monitoring division within the parent company