September 4, 2015

The $154.5 million, U.S. Department of Agriculture (USDA) licensed, Rural Business Investment Company (RBIC)  – Advantage Capital Agribusiness Partners (ACAP), along with Middleland Capital and S2G Ventures have invested in Shenandoah Growers, one of the leading suppliers of certified organic herbs in the U.S.

Founded in 1990 and based in Harrisonburg, Virginia, Shenandoah Growers evolved from a single 1,000 square foot facility in 1998 to operating over 260,000 square feet of greenhouses in the states of Virginia, Indiana, Texas and Georgia today. The company produces both fresh cut and live potted herbs to leading retailers across the country.

“Shenandoah Growers’ dedication, innovation and passion for controlled, sustainable agriculture have been key to its success over the past 25 years,” said Tyler Mayoras, Principal at Advantage Capital Partners. “We are excited about the investment opportunity and looking forward to seeing continued growth at Shenandoah Growers.”

The funds from this investment, which marks the fifth investment made by ACAP, will be used by Shenandoah Growers to expand the utilization of its greenhouses in Virginia, while also integrating new technologies and innovations in its production practices at all of its production sites.

Previously announced capital commitments made by ACAP include backing of Iowa Cage Free in February 2015, North American Natural Resources Inc. (American Botanicals) in March 2015, Hortau in June 2015, and most recently, Pacific Ag in August 2015.