SFW Capital Partners has recapitalized for the second time its portfolio company AGDATA, which provides strategic data and analytical solutions to agricultural inputs and animal health manufacturers. The proceeds of the recap, as a result of increasing the company’s term loan, were used to fund a cash distribution to shareholders.
SFW Capital Partners (“SFW”) announced today that its investment, AGDATA (“AGDATA” or the “Company”), completed its second successful recapitalization. The proceeds of the recapitalization, as a result of an upsizing of the Company’s term loan, were used to fund a significant cash distribution to stockholders.
“We look forward to continuing to work closely with the AGDATA leadership team to capitalize on the strong demand for strategic information and analytical tools in these markets.”
Following the recapitalization, AGDATA remains conservatively capitalized and has the continued support of SFW, its majority shareholder, to actively pursue further strategic growth initiatives. SFW acquired AGDATA from its original founder through a newly formed affiliate in late 2009.
“AGDATA has experienced solid growth by providing vital strategic information and analytics to the agricultural and animal health sectors,” said Roger Freeman, a Partner at SFW. “We look forward to continuing to work closely with the AGDATA leadership team to capitalize on the strong demand for strategic information and analytical tools in these markets.”
In August 2011, AGDATA completed its first recapitalization, the proceeds of which were used to fund an initial distribution to stockholders. As a result of the two recapitalizations, AGDATA has distributed an amount equal to 70% of the original equity invested in the Company.
AGDATA (www.AGDATA.net) is the leading provider of strategic data and analytical solutions to the world’s largest agricultural input and animal health manufacturers. AGDATA maintains direct connectivity to the leading industry retailers and distributors, representing more than 90% of the North American market. AGDATA provides proprietary data connectivity, data reconciliation, advanced analytics and industry-standard analytical information solutions to its global customers.
About SFW Capital Partners
SFW Capital Partners (www.sfwcap.com) is the Leading Investor in Analytical Tools and Related Services Companies, including providers of instrumentation, software, information and business services. SFW is a specialized private equity firm that exclusively invests where its 20+ years of knowledge of the relevant business models, technology, competitive dynamics and service requirements gives it a unique ability to support management teams in growing their companies and building value.