Current Investment-FUND III
Acquisition date: December 21, 2016
Disposition date: Current Holding
Leading agricultural solutions provider offering a broad range of trellis and fabrics systems, irrigation and water systems, agronomy, and farm management services
Orchard & Vineyard Supply f.k.a. Wilson Orchard & Vineyard Supply (“OVS”) is a leading agricultural solutions provider offering trellis equipment and supplies, irrigation, chemicals and fertilizers to orchard and vineyard growers nationwide. OVS also offers outsourced, turnkey vineyard management services in the Pacific Northwest through its RP division. OVS was formed through Clearview’s initial acquisition of Wilson Orchard & Vineyard Supply (based in Yakima, WA), in partnership with management, from a passive owner in 2016, and subsequent merger with Oregon Vineyard Supply, which had been an ESOP, in 2018.
In 2019, the combined companies were rebranded as Orchard & Vineyard Supply or OVS. 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 original transaction closed on December 21, 2016. Clearview invested equity from Clearview Capital Fund III, L.P. Senior debt was provided by Huntington National Bank and BMO Harris Bank, and mezzanine debt was provided by PNC Erieview Capital.
Add-on Acquisitions Completed:
Valley Vineyard & Orchard Supply, Inc.
Manufacturer and distributor of vineyard and orchard trellising equipment and supplies.
Irrigation solutions provider for vineyard and orchard growers in California’s Central Valley.
Trinity Valley Supply, Inc. d/b/a Orchard Valley Supply
E-commerce distributor of orchard and vineyard supplies.
Oregon Vineyard Supply
Total farm solutions for vineyard growers.
Cascade Water Systems d/b/a Ridgway Supply
A leading provider of irrigation and water systems solutions and supplies.
Davis Pump & Electric Motors, Inc.
A full-service provider of water pump installation and repair services.