Penny Newman Grain Company, Inc.
Classification
Private
About
About
Penny Newman Grain Company, established in 1878, is a prominent player in the agribusiness sector, focusing on delivering high-value solutions across various segments of the food and agricultural supply chain. With a commitment to adding value where it counts, Penny Newman provides essential products and services to farmers and feed manufacturers worldwide. Product/Service Line Breakdown: 1. Animal Feed Ingredients - High-quality feed ingredients for livestock. - Custom feed formulations to meet specific nutritional requirements. 2. Grain and Commodity Trading - Trading of grains such as corn, wheat, and soybeans. - Comprehensive market analysis and risk management services. 3. Nutrient Management Solutions - Fertilizers and soil amendments. - Sustainable farming practices and agronomic support. 4. Logistics and Distribution - Efficient transportation and warehousing solutions. - Integrated supply chain management services. 5. Food Safety and Quality Assurance - Strict adherence to quality standards. - Traceability and compliance with food safety regulations.
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