Birmingham, Alabama, 3 August 2016 – Kirchner Group is pleased to announce that it acted as an advisor on due diligence to the Alaska Permanent Fund, (represented by Crestline Investors) the lead investor in the Indigo Agriculture transaction.
Indigo Agriculture recently announced a $100M Series C round, the largest private equity financing in the agriculture technology sector. Indigo is a Boston ¬based company dedicated to harnessing nature to help farmers sustainably feed the planet. The company utilizes beneficial microbes residing within plant tissue to optimize crop health and improve productivity. The company’s first two commercial products are Indigo Cotton and Indigo Wheat.
“As one of the preeminent merchant banks focusing on the Agtech sector our ability to create value for our clients in this sector is unparalleled. From investor diligence to company assessments, corporate development and M&A transactions, we are a one-stop resource for investors and companies”, stated Armand Lavoie, Managing Director, Agriculture and Food.
Kirchner Group is proud to note their previous similar role in both the Denali Therapeutics and Juno Therapeutics (NASDAQ: JUNO) financings, which are considered to be two of the largest ‘Series A’ rounds in the history of Biotech, also on behalf of Alaska Permanent Fund. Kirchner Group has played an advisory role in three of the four private company investments made by Alaska Permanent Fund that are referred to in the Indigo press release.
A copy of the press release announcing the funding can be read here.
Kirchner Group was founded in 1985 on two fundamental premises: every business should contribute to a positive human future and that every business, and portfolio of businesses, can be made more valuable. Today, the firm is a values-based corporate ecosystem, committed to the integration of “earning and returning”.
The firm provides advisory and operational services, enterprise development and transactional support to companies, investors and institutions through a proprietary approach that dovetails domain and process expertise. Kirchner Group also manages assets for family offices and some of the world’s largest insurance companies, commercial banks and institutional investors. www.kirchnergroup.com
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