Rural American Fund has made an undisclosed investment in Aquatrols Corporation of America. Headquartered in Paulsboro, New Jersey, Aquatrols is a provider of surfactant and other technologies used to optimize soil-water-plant interactions.
(Chicago, Illinois, May 4, 2015) – Rural American Fund, a lower middle-market private equity firm focused on the agribusiness sector, has made its first platform investment in its second fund, “RAF II, LP”.
Aquatrols Corporation of America (“Aquatrols”), founded in 1955, is a top provider of surfactant and other technologies used to optimize soil-water-plant interactions. For 60 years, the company has been a leader in developing and supplying products to help growers manage their water resources more effectively.
Aquatrols offers a complete line of soil surfactants and other specialty products for use in the agricultural, turf grass and horticultural industries. The Company’s products are used by farms, golf courses, nurseries, greenhouses and other applications in more than 35 countries around the world. Aquatrols is headquartered in Paulsboro, New Jersey with additional operations in the United Kingdom.
Rural American Fund (“RAF”) partnered with Aquatrols’ shareholders and members of the senior management team to recapitalize the company to support its continued growth and development of its water saving technologies. Chicago-based Mira Capital Advisors (www.miracap.com) is acting as exclusive placement agent for RAF II.
For more information on Aquatrols Corporation of America or Rural American Fund, please contact: www.raflp.com
Rural American Fund (“RAF”) is a Chicago-based private equity firm with an innovative, niche strategy targeting the favorable dynamics of the agribusiness market. The firm focuses on making partnership investments in growing, lower middle-market businesses principally in agriculture of ag-related industries.
RAF targets companies with annual recurring revenue of at least $10 million and cash flow of $2 million.
The firm seeks opportunities where solving problems and devising creative solutions enhances value for shareholders, management and RAF limited partners. RAF is led by three professionals who bring over 50 years of private equity, corporate development, and middle market merger & acquisition experience to the firm while its ag-entrepreneur partners, all successful agri-businessmen, provide complementary operational leadership.