Announced
Completed
Synopsis
InstarAGF, an independent alternative asset management firm, completed the acquisition of PRT Growing Services, a forest seedling propagator and the largest producer of container-grown forest seedlings in North America, from TriWest. Financial terms were not disclosed. “As a long-term investor and owner of essential infrastructure businesses, InstarAGF’s purpose as an organization is to enrich people’s lives. PRT is a premier agricultural infrastructure platform with an established operating history, diverse customer relationships and an attractive growth profile. We are delighted to partner with PRT’s management team in contributing to sustainable reforestation initiatives and requirements in North America to enhance the resilience of our environment and health of our communities,” Gregory Smith, InstarAGF President and CEO.
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