282 - Private Equity Focused On Funding Agriculture
The Business of Agriculture Podcast
00:00
How to Scale a Profitable Organic Poultry Business
Damien: We were able to provide that additional equity to allow them over a three year period to basically triple revenues. They were a profitable business, but their ability to scale from a 20% compound annual growth rate to a 40% growth rate would not be achievable without additional equity. So you gave them a chunk of money. Do you mind me asking how much? We put in $3 million. Okay. Damien: But yeah, I think the hesitation was from a macro perspective with the trend of organic poultry purchases, the retail level continue. Will a consumer continue to buy that product? We think with certainly they will and we believe will continue to.
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