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New Deal


Announced

Completed

A consortium of investors led a $70m Series C funding round in Ostara.

Financials

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Transaction Value£60m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Minority

Fertilizers

Cross Border

Private

agricultural chemicals

Private Equity

Canada

fertilizers

Acquisition

Friendly

Completed

Synopsis

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A consortium of investors, including Carica Sustainable Investments, Forage Capital Partners, Cibus Funds and Grosvenor Food and AgTech led a $70m Series C funding round in Ostara, a manufacturer of fertilizers. “Growers are looking for more tools that increase the efficiency of applied nutrients, and reduce their required application rates, operational hassles, and environmental impacts. As a result, more and more growers and retailers are turning to Crystal Green’s innovative, highly efficient, phosphate fertilizers. Ostara is excited to rapidly increase our North American manufacturing base, enabling us to serve more US and Canadian farmers," Kerry Cebul, Ostara CEO.

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