Clearview Capital Fund III‘s portfolio company Wilson Orchard & Vineyard Supply, which provides growers with irrigation and structural services, acquired Valley Vineyard, a manufacturer of trellising equipment, and Quantum Irrigation, a provider of irrigation services. Terms of the deal were not disclosed.
Clearview Capital Fund III, LP (“Fund III”) announced today that its portfolio company, Wilson Orchard & Vineyard Supply, LLC (“Wilson”), has completed the acquisitions of Valley Vineyard and Quantum Irrigation. The transactions closed on February 2, 2018 and April 17, 2018, respectively.
Valley Vineyard manufactures trellising equipment and distributes a broad array of other vineyard and orchard supplies, while Quantum Irrigation provides turnkey irrigation solutions, from design through installation, and distributes irrigation equipment and supplies. Both businesses are based in Lodi, CA (located in California’s Central Valley) and have a longstanding history of servicing commercial orchard and vineyard growers.
Operating out of Washington, Oregon and California, Wilson is a one-stop solutions provider for orchards and vineyards offering a full suite of irrigation, planting, development, and harvesting equipment and supplies. For 30 years, Wilson has earned a strong reputation in some of the world’s most prolific and progressive growing regions for tree fruit, vineyards, berries, hops and nuts.
“For a long time, growers in California have asked us to replicate our one-stop shop model, offering both irrigation and OVS (meaning orchard and vineyard supplies) solutions, which works very well in Washington and Oregon,” stated Joe Perry, Wilson’s CEO. “With the back-to-back acquisitions of Valley Vineyard and Quantum Irrigation, we can now make that a reality.” Wilson’s California presence had previously been limited to offering OVS out of its Paso Robles location.
“Since partnering with Wilson’s management to buy out its previous owner in December 2016, we have invested heavily to build Wilson into a platform capable of growing aggressively while maintaining the high level of quality and service that its customers have come to expect,” said Matt Rumilly, Principal of Clearview Capital. “We believe Valley Vineyard and Quantum Irrigation will represent the first two of many acquisitions that Wilson completes, as the company expands its unique business model into new geographies.”
Wilson is a platform investment in Clearview Capital Fund III, LP, a $325 million committed fund raised in 2013.
Clearview Capital’s other holdings include Community Medical Services Holdings, LLC, a provider of medication-assisted treatment programs for patients suffering from substance use disorders; Mudlick Mail, LLC, a data-driven and related marketing solutions provider; Nielsen-Kellerman Co., a designer and manufacturer of premium environmental and athletic performance measurement instruments; Controlled Products, LLC, a manufacturer and distributor of premium quality synthetic turf; Advanced Medical Personnel Services, Inc., a provider of nationwide healthcare staffing solutions; Northwest Cosmetic Laboratories, LLC, a formulator and manufacturer of cosmetic and skin care products for prestige brands; Derby Building Products, Inc. f.k.a. Novik, Inc., an innovator, manufacturer and distributor of polymer building products; Child Health Holdings, Inc. d.b.a. Pediatric Health Choice, the country’s largest provider of prescribed pediatric extended care (“PPEC”) centers for medically complex children; and Pyramid Healthcare, Inc., a provider of substance use disorder and mental health treatment programs for adults and adolescents.