Investing in middle market companies
in partnership with management

 

Current Investment-FUND III

Acquisition date:  December 21, 2016
Disposition date:  Current Holding

Leading distributor of orchard and vineyard equipment, irrigation systems, and related agricultural supplies

Wilson Orchard & Vineyard Supply, LLC (“Wilson”) is a one-stop solutions provider for commercial orchards and vineyards in the Western United States, offering a full suite of irrigation, planting, development, and harvesting equipment and supplies, as well as irrigation system designs. Wilson enjoys a strong reputation in one of the world’s most prolific and progressive growing regions for tree fruit, vineyards, berries and hops, operating out of locations in Washington and California.  Wilson has benefited from the increased focus on food safety, quality, and variety which has driven growers to invest more heavily to meet these demands and increase their profitability.  

Wilson was founded in 1988. Fund III joined with management to acquire the business from its inactive owner who did not maintain an ongoing stake in the company. Management is pursuing an aggressive growth strategy including opening new locations as well as making add-on acquisitions to expand its market presence and add new capabilities.

The transaction closed on December 21, 2016. Clearview invested equity from Clearview Capital Fund III, LP. Senior debt was provided by Huntington National Bank and BMO Harris Bank, and mezzanine debt was provided by PNC Erieview Capital.

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