Spearhead Sold to Accession Capital Partners (“ACP”)
Spearhead Sold to Accession Capital Partners (“ACP”)
Transaction
Overview
Spayne Lindsay is delighted to announce that it has advised on the sale of Spearhead International, the vertically integrated, pan-European agribusiness, backed by Paine Schwartz Partners, to AMC Capital IV, a fund advised by Accession Capital Partners (“ACP”).
Spearhead International was founded in 1966 and is one of the largest vertically integrated farming businesses in Europe. The company manages c. 80,000 hectares of farmland across Poland, the Czech Republic, Slovakia, Romania and the UK. It is a European specialist in Regenerative Agriculture, harnessing valuable data it collects through its application of state-of-the-art technologies for precision farming. Spearhead is increasingly focusing on growing value-added, on-trend specialty crops, catering to the largest food processing businesses globally.
ACP plans to support the business through organic as well as acquisitive growth and take advantage of industry trends of food traceability and tightening food specifications.
ACP was carefully selected based on its operational experience in the agricultural sector and on-the-ground expertise in Eastern Europe.