What Arable Capital Partners does

Arable Capital Partners is a Bellevue, Washington-based private investment firm founded in 2016 by Greg Richards, focused exclusively on the food and agribusiness sector. The firm operates as a sector-specialist private equity manager deploying patient capital — typically $25 million or more in equity — into privately held, often family-owned businesses with $5-50 million in EBITDA across the Pacific Northwest and California's Central Valley. Its core differentiation is a 15+ year hold horizon paired with limited leverage, addressing what the firm identifies as a structural mismatch between conventional private equity return windows and the long business cycles of agriculture. Deal sourcing is driven by deep personal networks within the agricultural community rather than broad marketing; the senior team blends operating veterans (notably Derek Yurosek, former VP of Agriculture at Bolthouse Farms overseeing $550 million in revenue and 750 employees) with deal professionals (Matt Reus, with $5 billion in executed transactions).

The firm makes money through traditional fund management economics — management fees and carried interest on a flagship fund that closed at $300 million in August 2017 with anchor backing from the Washington State Investment Board, followed by a $250 million capital raise in July 2022 bringing total assets under management to over $550 million. Its portfolio comprises six platforms built through 13 acquisitions: Blazer Wilkinson Gee (strawberries), Laurel Ag & Water (irrigation services formed from three roll-ups), TheogCompanies (organic salads, fresh vegetables, and prepped produce following the 2025 organicgirl/Braga Fresh/Dole Fresh Vegetables consolidation), Pacific Trellis Fruit (fresh fruit including the Dulcinea melon brand), Progressive Produce (potatoes, onions, asparagus), and Royal Ridge Fruits (dried and IQF fruit). The firm executed its first exit in December 2022, selling Fresh Innovations to Peterson Farms, and earned Agri Investor's 2024 'Agribusiness Deal of the Year' for the Progressive Produce transaction. Customer/partner segments are vertically integrated food and agribusiness operators, family-owned businesses pursuing succession or growth capital, and one anchor LP (the Washington State Investment Board).

Name

Arable Capital Partners

Legal name

Arable Capital Partners, LLC

Website

https://www.arablecp.com/

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Arable Capital Partners is a Bellevue, WA-based private investment firm founded in 2016 that exclusively invests in food and agribusiness companies, deploying long-term patient capital (15+ year holds) into family-owned and vertically integrated operators across the U.S. Western market.

Ownership category

akta.pro rank

Product category

Private Equity Investment Management

NAICS

Other Financial Investment Activities (5239), Other Investment Pools and Funds (5259)

SIC

Investors, Nec (6799)

akta.pro primary industry

Business Services (B2B) Growth Equity (FSANACAD)

akta.pro secondary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

Keywords

• Private equity investing
• Food and agribusiness
• Investment management
• Portfolio investments
• Private investment firm

Headquarters

HQ city

Bellevue

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Fund Management: Arable Capital Partners generates revenue through management fees and carried interest (performance fees) from its investment fund. The firm closed its debut fund with $300 million in capital commitments and later raised an additional $250 million, bringing total assets under management to over $550 million.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Arable Capital Partners is a private investment firm that makes long-term equity investments exclusively in food and agribusiness companies, targeting $25M+ investments in businesses with $5-$50M+ EBITDA. The firm deploys patient capital with 15+ year hold periods, low leverage, and partners with management teams and family-owned businesses as often the first outside institutional investor. Revenue is generated through management fees and carried interest on its investment fund, which has grown to over $550 million in assets under management.

Product overview

Arable Capital Partners is an investment firm focused exclusively on the food and agribusiness sector, not a technology product company. The firm offers long-term investment partnership opportunities, typically as the first outside investor in family-owned food and agriculture businesses. Their current portfolio consists of six platform companies: Blazer Wilkinson Gee (strawberries), Laurel Ag & Water (irrigation solutions), TheogCompanies (fresh vegetables/salads), Pacific Trellis Fruit (fresh fruits), Progressive Produce (produce distribution), and Royal Ridge Fruits (dried/IQF fruit). The firm targets companies with EBITDA of $5-$50M+, investing $25M+ in equity, with 15+ year hold periods and lower leverage requirements. Fresh Innovations was a prior investment that was successfully exited in 2022.

Differentiator

Problem solved

Functional benefit

Products and services

• Arable Capital Fund I A private equity fund focused exclusively on food and agribusiness investing with a long-term (15+ year) investment horizon and lower leverage model; closed with $300M in capital commitments. Available to institutional limited partners who commit capital to the fund.
• Arable Capital Fund II (Follow-On Capital) A follow-on fund vehicle of approximately $250 million in additional capital commitments bringing total assets under management to over $550 million, focused on continued investment in food and agribusiness.
• Direct Investment Partnerships in Food & Agribusiness Long-term equity investment partnership service for privately held food and agribusiness companies, often family-owned, typically $25M+ equity investment in companies with $5-$50M+ EBITDA, providing patient capital, governance support, and operational expertise with 15+ year hold periods.

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Continental Grain Company: Long-standing food and agribusiness investor with operations spanning protein, ag inputs, and food processing. Shares Arable's long-duration, sector-specialized investment philosophy with a much longer track record.
• Equilibrium Capital: Sustainable infrastructure and private equity investor with strong exposure to agriculture, food, and controlled-environment agriculture. Overlap with Arable on sustainability-anchored food/ag investing.
• Paine Schwartz Partners: Food chain-focused private equity firm investing across the agribusiness value chain. Most directly comparable to Arable given shared sector specialization and control-buyout orientation, though typically at a larger AUM scale.
• AMERRA Capital Management: Alternative asset manager focused on agriculture and food investments across the value chain. Direct competitor for agribusiness deal flow with comparable fund size.
• AGR Partners: Niche private equity manager focused exclusively on food and agriculture, with a similar patient-capital and partnership approach to family-owned operators. Comparable in AUM scale and sector specialization to Arable.

Broad incumbents

• Sun Capital Partners: Middle-market buyout firm with significant portfolio exposure to food and consumer companies. Broader sector mandate than Arable but directly competes for control deals in food/agribusiness.
• Brookfield Asset Management (Agriculture): Large-scale alternative asset manager with a dedicated agriculture platform spanning farmland and agribusiness investments. Competes indirectly for capital allocation in food/ag opportunities.
• KKR (Consumer & Retail / Real Assets): Global alternative asset manager with dedicated food and agriculture strategies across private equity and infrastructure. Represents the large incumbent benchmark for sector-specialized agribusiness investing.

Regional players

• Pembina Capital: Canada-based private equity firm with food and agriculture investment focus, including supply-managed and crop-input segments. Comparable sector specialization but primarily Canadian deal flow.

Emerging players

• Ospraie Management: Ag- and commodities-focused investment firm with active presence in U.S. agriculture. Comparable niche focus on agribusiness but with a more commodities-trading orientation than control buyouts.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/arable-capital-partners

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

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

M&A6 records

Investments1 record

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

Frequently asked questions about Arable Capital Partners