Morrison Foerster advised Aqua Capital, an agriculture-focused private equity investor based in Brazil, in its acquisition of Novus Ag, a portfolio company of Tillridge Global Agribusiness Partners. Novus Ag is an innovative ag retail platform that provides farmers with an optimal mix of local expertise and national scale.
Novus Ag has integrated 30+ owner-operators across 50+ retail locations to its network, serving farmers across the United States with crop protection, fertilizer, and seed treatment products coupled with application and agronomy services.
The MoFo deal team advising Aqua Capital was led by New York corporate partners Mitchell Presser and Aly El Hamamsy, together with Miami corporate associates Bill Halaby and Ludovica Gardani, New York corporate associates J.D. Husband and Sahana Ragunathan, Boston corporate associate Leo Martin, and San Francisco corporate associate Kierston Cannon.
The wider team included San Francisco finance partners Dario Avram and Eric Min, New York technology transactions partner Anthony Ramirez, New York tax partner Anthony Carbone, New York executive compensation + ERISA partner Joshua Lerner, and Washington, D.C. employment + labor partner Andrew Turnbull.