New Day Farms

Bealeton, Virginia

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

Revenue

Valuation

Valuation

Ratios

Revenue / EBITDA
$123 MM
Valuation / Revenue
$123 MM
Valuation / Employees
$123 MM
EBITDA / Revenue
$123 MM
1-Year CAGR (Revenue)
03
3-Year CAGR (Revenue)
11
1-Year CAGR (Employees)
19
3-Year CAGR (Employees)
96

People

Employee Figures

Employees

Key Executives

NameTitleSocialsEmailPhone
John DoeEmployee
--
Jane DoeEmployee
John DoeEmployee
John DoeEmployee

401K

Total Active Participants
1234
No. Participants with Account Balances
56789
Total Liabilities Start of Year
1234
Total Assets Start of Year
56789

Deals

M&A2024-03-15Completed

Seller

Founders Group

Investor Sponsors

NorthBridge PE

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

Target

BrightHealth Technologies

Seller

Early Investors Consortium

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