Agriculture Capital

What Agriculture Capital does

Agriculture Capital is a privately held investment management firm (operating entity ACM Management Company, LLC) founded in 2014 in Portland, Oregon, that invests in farmland and food infrastructure assets to scale regenerative agriculture. The firm manages approximately $1 billion in Assets Under Management across two vehicles: a Core semi-liquid fund for accredited investors and bespoke Value-Add closed funds for institutional investors. It owns and operates more than 20,000 acres of regeneratively managed farmland across California, Oregon, Washington, and Australia, four zero-waste midstream facilities (including the 318,000 sq ft Legacy Packing & Cold Storage in Dinuba, CA packing over 140 million pounds of fruit annually), the TreeSource citrus nursery, and the Suntreat/Sumo Citrus branded sales and marketing subsidiary. The firm reports portfolio-level outcomes including 13,000 metric tons of CO2 sequestered annually in soil, a nine-fold increase in wild pollinator species abundance, and water-use reductions (73% per ton at Legacy in 2023). Sumo Citrus accounted for 74% of total growth in the mandarin sub-category at grocery in the most recent reported season, with consumer engagement reaching 45,000 messages and 2.3 million social interactions in 2025. Agriculture Capital also sells nature-based carbon credits to corporate buyers and partners with Bolthouse (2025) for cold-pressed Sumo Citrus juice and smoothie extensions.

Name

Agriculture Capital

Legal name

ACM Management Company, LLC

Website

https://agriculturecapital.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Agriculture Capital is a privately held investment manager founded in 2014 that deploys approximately $1B in AUM into regenerative farmland and food infrastructure, operating 20,000+ acres and vertically integrated midstream assets across the US and Australia for accredited and institutional investors, corporate carbon credit buyers, and grocery retailers.

Ownership category

akta.pro rank

Product category

Regenerative Agriculture Investment Management

NAICS

Fruit and Tree Nut Combination Farming (111336), Nursery and Tree Production (111421)

SIC

Agricultural Services (700), Investors, Nec (6799), Canned, Frozen & Preservd Fruit, Veg & Food Specialties (2030)

akta.pro primary industry

Natural Resources Funds (Timberland, Farmland, Minerals) (FSANAEAK)

akta.pro secondary industries

Natural Resources — Farmland & Agriculture (FSAAAKAI), Sustainable Agriculture & Food Systems Funds (FSANAJAE), Biodiversity, Conservation & Natural Capital Funds (FSANAJAG), Regenerative Agriculture (Soil Carbon, Cover Crops, Reduced/No-Till) (AFAGAMAA), Capital Projects & Farm Expansion Advisory (Feasibility, Site Planning, ROI) (AFACAJAN)

Keywords

• Regenerative agriculture investing
• Farmland investment management
• Natural capital solutions
• Carbon credit development
• Vertically integrated farming

Headquarters

HQ city

Portland

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales, Technology or R&D

Revenue model

1. Investment Management & Fund Fees: Manages approximately $1B in Assets Under Management across Core (accredited investor, semi-liquid) and Value-Add (institutional, bespoke/closed) fund vehicles focused on farmland and food infrastructure; generates recurring management fees on AUM.
2. Farmland & Permanent Crop Operations Revenue: Revenue from integrated farming and sale of regenerative crops including organic blueberries, SumoCitrus®, mandarins, navels, valencias, lemons, almonds, hazelnuts, table grapes, and other specialty citrus from over 20,000 acres of regeneratively managed farmland and ranches across California, Oregon, Washington, and Australia.
3. Branded Consumer Produce (Sumo Citrus®): Sales of Sumo Citrus® branded mandarins and brand-extended products (e.g., Bolthouse cold-pressed Sumo Citrus juice and tropical smoothie) through major grocery retailers; Suntreat Sales owns and manages the SumoCitrus® intellectual property and provides marketing/sales services.
4. Nature-based Carbon Credit Sales: Develops and sells highest-quality nature-based carbon credits that deliver climate solutions alongside biodiversity, water resilience, conservation, and community livelihood co-benefits to corporate credit buyers.
5. Midstream Packing, Cold Storage & Nursery Services: Revenue from Legacy Packing & Cold Storage (year-round packing and cold storage services for various fruits), Silver Mountain Packing (blueberry packing/cold storage), TreeSource (citrus nursery serving the California citrus industry and greenhouse growers), and Sun Country Fresh (sales and marketing for AC portfolio and third-party Australian growers).
6. Brand IP & Marketing Services: Suntreat Sales owns and manages IP and brands for Suntreat (including SumoCitrus®) and provides marketing and sales services for citrus grown within the AC portfolio as well as third-party growers in the California citrus belt.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Agriculture Capital manages approximately $1 billion across two private regenerative agriculture investment vehicles — a semi-liquid Core Fund for accredited investors and bespoke Value-Add closed funds for institutional investors — that deploy capital into farmland, food processing, packing, cold storage and nursery assets across the U.S., Australia and Europe. The firm also generates revenue from vertically integrated regenerative produce (notably the SumoCitrus® brand and Betterful™ blueberries), branded IP and marketing services, midstream packing and cold storage for third-party growers, and nature-based carbon credit sales tied to portfolio-level carbon, biodiversity and water outcomes.

Differentiator

Problem solved

Functional benefit

Brands

• Sumo Citrus® (SumoCitrus®): Distinctive bulbous, easy-peel, sweet-flavored mandarin brand owned by Suntreat (part of AC) and grown through Agriculture Capital's regenerative farming operations in California and Australia. Accounted for 74% of total growth in the mandarin sub-category in the most recent reported season.
• Suntreat (Suntreat Sales)
• AC Foods
• Betterful™

Products and services

• Agriculture Capital Core Fund (semi-liquid) Semi-liquid private investment vehicle for accredited investors designed as a core portfolio diversifier offering low volatility, annual cash yield, inflation hedge and low correlation to public markets, deployed into regenerative agriculture farmland and food infrastructure.
• Agriculture Capital Value-Add Fund (closed/bespoke) Bespoke closed-end private funds offered to institutional investors to capture the full value creation behind regenerative transition in farmland and food infrastructure.
• Nature-Based Carbon Credits Highest-quality nature-based carbon credits developed from Agriculture Capital's regenerative farmland and food infrastructure portfolio, sold to corporate credit buyers and bundled with biodiversity, water resilience, conservation, and community livelihood co-benefits.
• SumoCitrus® Branded Mandarins Premium branded mandarin (Sumo Citrus®) grown regeneratively across Agriculture Capital's California and Australian orchards and sold through major U.S. grocery retailers; brand owned and managed by Suntreat Sales (an AC subsidiary).
• Betterful™ Branded Blueberries Branded regenerative organic blueberries packed at Silver Mountain Packing in Sublimity, Oregon and sold to Pacific Northwest retailers under the Betterful™ brand.
• Legacy Packing & Cold Storage Services Year-round citrus packing and cold storage services provided by the 318,000 sq ft Legacy Packing & Cold Storage facility in Dinuba, CA, serving AC farms and third-party growers with zero-waste and solar-powered operations.
• Silver Mountain Packing Services Blu-berry packing and cold storage services for AC farms and Northwest growers using optical sorting equipment, supporting the Betterful™ brand.
• TreeSource Citrus Nursery Services Full-service citrus nursery serving the California citrus industry, greenhouse growers and retailers across the United States, operating one of the most advanced citrus nurseries in the world after significant automation investment.
• Suntreat Sales Citrus Marketing and Brand Services Marketing, sales and brand/IP management services provided by Suntreat Sales for citrus grown within the AC portfolio and third-party California citrus-belt growers, including ownership and management of the SumoCitrus® brand.
• Sun Country Fresh Sales and Marketing (AC Australia) Sales and marketing services for Agriculture Capital's Australian citrus portfolio and third-party Australian growers, supporting counter-seasonal citrus exports to North America and Asia.
• Regenerative Farmland Operations (Citrus, Blueberries, Hazelnuts, Table Grapes, Almonds) Regeneratively managed farming and sale of permanent crops — including organic blueberries, SumoCitrus® mandarins, navels, valencias, lemons, almonds, hazelnuts, table grapes and other specialty citrus — across 20,000+ acres of owned and operated farmland in California, Oregon, Washington and Australia.
• Sumo Citrus® Cold-Pressed Juice and Tropical Smoothie (Bolthouse x AC Foods) Brand-extended cold-pressed 100% Sumo Citrus juice and tropical smoothie launched by AC Foods in partnership with Bolthouse, featuring SumoCitrus® as the primary ingredient and sold through grocery retailers.
• Firestone Pacific Foods Frozen Fruit Processing Wholly-owned frozen fruit processing operations in Washington state serving organic, private label, and blended berry product subsegments, supporting vertical integration within Agriculture Capital's blueberry supply chain.

Quantifiable outcome

• Sumo Citrus® accounted for 74% of total growth in the mandarin sub-category and 29% of total growth among all citrus products at the grocery store (Nielsen YTD + L20WE 4.26.25)
• +7 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature6 records

Partnerships

One partnership is on record.

• BolthousecoreStrategic or Co-development PartnerIn 2025, AC Foods partnered with Bolthouse to launch the brand's first products beyond the produce aisle: a cold-pressed 100% Sumo Citrus juice and a tropical smoothie featuring Sumo Citrus as the primary ingredient. The partnership builds on the loyalty and quality reputation of the Sumo Citrus brand to extend it into the juice category, with early consumer feedback (e.g., 'the best citrus juice I've ever had by a mile') validating the co-development approach.

Scale indicators14 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Farmland LP: PE-style fund manager that acquires and converts conventional farmland to organic and regenerative operations in the US. Closest comparable to Agriculture Capital in fund structure (Core/Value-Add style vehicles), regenerative thesis, and direct farm management model.
• Indigo Ag: Indigo Ag operates a regenerative agriculture platform that monetizes soil carbon through its agricultural carbon market and provides agronomic services. Comparable to AC's combination of regenerative farming and nature-based carbon credit sales to corporate buyers, although Indigo is more software-and-program oriented than AC's vertically integrated farming model.
• Wonderful Citrus: Wonderful Citrus (part of The Wonderful Company) is one of the largest citrus growers, packers, and marketers in the US, with integrated brands such as Halos mandarins. Direct competitor to AC's Sumo Citrus® at retail and in the mandarin sub-category, with comparable vertical integration from nursery to branded marketing.
• Limoneira Company: Limoneira is a US-listed citrus grower, packer, and marketer with operations in California and Argentina. Direct peer in permanent crop citrus, packing operations, and branded citrus marketing, though Limoneira is publicly traded and historically conventional rather than regenerative.

Broad incumbents

• Nuveen (TIAA) Global Farmland: Nuveen is one of the largest institutional farmland investors globally (under TIAA), managing diversified permanent and row-crop portfolios for pension capital. Comparable to AC as a real-assets farmland manager serving institutional LPs, though at much larger scale and without AC's branded-produce vertical integration.
• Manulife Investment Management (Hancock) Timberland and Farmland: Manulife IM (formerly Hancock Natural Resource Group) is a major institutional manager of farmland and timberland assets worldwide. Direct peer in managing natural-resource real-asset portfolios for institutional investors; broad incumbent with much larger AUM and global reach than AC.
• Continental Grain Company: Continental Grain is a long-standing global investor in agriculture and food (founded 1813) with both direct operating and investment activities. Comparable to AC in long-term, multi-cycle orientation to food and agriculture investing, though Continental Grain is far more diversified and includes animal protein and food processing.

Emerging players

• S2G Ventures: S2G is an impact-oriented venture and growth fund focused on food, agriculture, and ocean/land-based climate solutions. Comparable to AC in regenerative-agriculture thesis and fund-based capital deployment, but invests in companies rather than directly operating farmland and infrastructure.
• Pontifax Global Food and Agriculture Technology Fund: Pontifax is a PE firm dedicated to food and agriculture technology investing, including supply chain, agtech, and life sciences. Comparable to AC in fund-based approach to food and agriculture, but focuses on equity in growth-stage companies rather than direct farmland and infrastructure ownership.
• Soil Capital: Soil Capital is a European regenerative agriculture platform that supports farmers in transition and aggregates the resulting soil carbon credits for corporate buyers. Comparable to AC in the regenerative + carbon-credit thesis and in working with growers on a network basis, though Soil Capital is Europe-centric and program-based rather than a direct farm operator.

Market position

Strengths6 records

Weaknesses6 records

Competitive moat6 records

Key risks7 records

Key highlights8 records

Customer concentration

• LinkedInlinkedin.com/company/agriculture-capital-management

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries24 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Agriculture Capital