New Day Farms
Classification
Private
About
About
New Day Farms is an agricultural company focused on sustainable and technology-driven farming practices. The company showcases their commitment to producing fresh, high-quality food while minimizing environmental impact. New Day Farms aims to revolutionize the farming industry by integrating advanced technologies, responsible farming methods, and a passion for providing nourishing produce to consumers. Product Breakdown: Hydroponic Farming: New Day Farms specializes in hydroponic farming, a method that utilizes nutrient-rich water solutions to grow plants without soil. They employ advanced hydroponic systems that provide precise control over temperature, pH levels, and nutrient delivery, resulting in optimal plant growth and health. This approach allows for year-round cultivation, reduces water usage compared to traditional farming, and minimizes the need for chemical pesticides or herbicides. Fresh Produce: The core product offering of New Day Farms is a wide range of fresh produce, including leafy greens, herbs, and vegetables. Their hydroponic farming systems enable them to cultivate a diverse selection of produce that is consistently fresh, flavorful, and nutrient-dense. By eliminating the constraints of seasonal availability and external environmental factors, New Day Farms ensures a reliable supply of fresh produce for consumers throughout the year. Sustainable and Responsible Farming: New Day Farms prioritizes sustainable and responsible farming practices. By utilizing hydroponic systems, they optimize water usage by recycling and reusing the nutrient-rich water solution, minimizing water waste. The company also incorporates energy-efficient technologies and renewable energy sources to reduce their carbon footprint. Additionally, New Day Farms adheres to strict quality control measures, ensuring that their produce is free from harmful chemicals, GMOs, and other contaminants. Technology Integration: New Day Farms embraces technological advancements in agriculture to enhance productivity and efficiency. They leverage automation, data analytics, and remote monitoring systems to optimize crop growth, track plant health, and manage farming operations effectively. The integration of technology enables precise control over environmental factors, reduces labor requirements, and maximizes crop yields while minimizing resource usage. Community Engagement: New Day Farms actively engages with the community by promoting sustainable farming practices and education. They conduct tours, workshops, and educational programs to raise awareness about hydroponics, sustainable agriculture, and the importance of supporting local food systems. By fostering community involvement and knowledge sharing, New Day Farms aims to empower individuals to make informed choices about their food and contribute to a more sustainable future.
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
Keywords
Keywords
Classified
Private