The Sharon- (Wisconsin) based agro-chemicals company Exacto has secured a growth investment from S2G Ventures and Skyline Global Partners to expand its global influence across the agricultural supply chain by advancing sustainable practices and improving resource efficiency. This funding aims to accelerate the introduction of new solutions, with a focus on soil and water management.
The company did not disclose the amount of funding it received.
Founded in 1981, Exacto is a full-service innovation partner in agricultural, turf, and ornamental horticulture markets. Exacto specializes in full-season offerings that enhance crop protection, plant health, nutrition, seed treatments, and soil enhancement products. These products aim to improve application efficiency, minimize environmental impact, and deliver superior results, boosting crop performance and driving economic success for customers and growers.
With this investment, Exacto highlights its dedication to innovation and intellectual property. Known for its advanced products, the company claims its solutions are used annually across 130 million acres in the U.S. This investment marks a key moment for growth as the company continues to focus on technology-driven advancements.
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The current management team, led by CEO Wally Beecroft, will remain in place to ensure continuity as the company enters its next growth phase. Company plans to bring in new talent and expand its leadership team to support its ambitious growth goals.
The investment will help in building the solid foundation by focusing on three main areas: capacity expansion; IP investments; and enhancing commercial team and customer service excellence. With support from S2G and Skyline, Exacto also plans to further invest in its innovation pipeline and expand its global presence.
“Since our family founded Exacto in 1981, we have always worked to develop leading formulations and a culture based on values, processes and innovation. S2G and Skyline are the ideal partners to help us accelerate our growth globally around our full growing season solutions,”
Kip Pendleton, Board Member of Cox Family Holdings, emphasized that Exacto is set to thrive and grow rapidly with the support of S2G and Skyline, noting the company’s unmatched innovation in both traditional chemistry and fast-growing biological products. He highlighted Exacto’s strength in partnering with customers to achieve exceptional results.
“Our perspective is that Exacto’s management team has built a remarkable business with a strong IP strategy and market leadership in the private label sector. With the support of S2G’s value creation capabilities, we believe Exacto is poised to strengthen its position as an industry leader and continue to innovate at the forefront of the sector. We look forward to supporting the management team and existing shareholders as they lead Exacto into its next phase of growth.”
Cristina Rohr, Managing Director at S2G, highlighted the significant potential for Exacto to scale effectively. S2G’s focus will be on driving growth through geographic expansion and strategic investments in intellectual property, aiming to boost Exacto’s ability to continuously provide exceptional value to its customers.
Hennepin Partners acted as financial advisor, and Faegre Drinker Biddle & Reath served as legal counsel for Cox Family Holdings in this transaction. Perkins Coie LLP provided legal counsel to S2G.
