AGR Partners has announced the completion of investments in two companies -- 3D Corporate Solutions and Tru-Test Limited.

November 17, 2015

2 Min Read
AGR Partners completes two new growth capital investments

AGR Partners has announced the completion of investments in two companies -- 3D Corporate Solutions, operating in the food ingredients and pet food industry and Tru-Test Limited, operating in the dairy and livestock industry.

“We are excited to work with Tru-Test and 3D as both are outstanding businesses with strong teams and we look forward to being a supportive partner to facilitate their growth,” said Ejnar Knudsen, managing member of AGR Partners.

AGR Partners has provided growth capital to 3D Corporate Solutions, based in Monett, Mo. 3D Corporate Solutions, Monett, Mo., is a leading manufacturer and distributor of value-added pet food and food ingredients.

“We are excited about AGR’s investment into the group and their ability to connect us to other players in the sector that will bring more value-added opportunities for our customers and suppliers,” said 3D CEO Scott Walker.

“3D is an outstanding business with a strong team that we are excited to work with. We believe this partnership is highly strategic to AGR. The connectivity 3D has to an array of agricultural industries including poultry and seafood, as well as non-grain ingredients globally is unique. We look forward to supporting 3D’s mission to listen, serve and solve all of their customer and supplier needs.” said Knudsen.

AGR Partners has provided growth capital in the form of subordinated debt and non-controlling equity in the dairy and livestock equipment company Tru-Test Limited headquartered in Auckland, New Zealand.

Tru-Test Limited designs, manufactures and markets critical farm equipment for over 100 countries around the world. The company developed and commercialized the world’s first proportionate flow milk meter in 1964 and is the world’s leading manufacturer of livestock weigh scales, milk metering equipment and electric fencing. In addition, Tru-Test is the largest manufacturer of on-farm milk storage tanks in New Zealand and develops dairy automation and milk cooling solutions.

Tru-Test CEO Greg Muir said, “Partnering with AGR will give Tru-Test access to additional opportunities for growth and provides the financial flexibility to continue to expand the company’s capacity in global markets, while pursuing additional product lines that optimize our current footprint.”

AGR Partners is an equity firm based in Visalia, California, with capital provided by institutional pension investors. The firm is dedicated to the pursuit of long-term investments in the food and agriculture value-chain and seeks non-controlling equity or subordinated debt investments to facilitate late-stage growth, strategic acquisitions, full buyouts and ownership transitions. AGR Partners has provided over $150 million of capital in the past 24 months.

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