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Open Prairie Rural Opportunities Fund Invests to Diversify Product Lines and Market Initiatives for Northern Feed and Bean prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Open Prairie Rural Opportunities Fund Records First Exit with Sale of Legacy Seed Companies
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EFFINGHAM, Ill., June 9, 2021 /PRNewswire/ The Open Prairie Rural Opportunities Fund, a growth-stage private equity fund dedicated to providing capital for agribusiness companies throughout rural America, proudly announces its first exit with the sale of Legacy Seed Companies. Open Prairie s initial investment in July 2018 facilitated the Legacy Seed Companies strategy for integration of regional seed companies with an emphasis on non-GMO and organic product lines. The growth of Legacy Seed Companies is a compelling testament to the potential of rural American companies, stated Lee Strom, partner at Open Prairie. Strom went on to say, Over the last three years, Open Prairie has worked with Legacy Seed Companies to successfully achieve operational efficiencies through implementation of new technology infrastructure, expansi