Fast Genetics
Fast Genetics is a pig genetics company headquartered in Saskatoon, Canada, founded in 1981 and operating as a subsidiary of STgenetics. It supplies swine breeding stock and genetic development services to pork producers, having expanded via the 2022 acquisition of Acuity Ag Solutions.
- Company typePrivate
- Founded1981
- HeadquartersSaskatoon, Canada
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Fast Genetics does
Fast Genetics is a pig genetics company headquartered in Saskatoon, Canada, founded in 1981 and operating with a workforce of 51-100 employees. The company develops and supplies swine genetic products — including breeding stock and associated genetic services — to pork producers, building on more than four decades of accumulated swine genetic lines and breeding program know-how.
The company operates as a subsidiary of STgenetics, an animal genetics operator that maintains strategic control over Fast Genetics' operations and integrates it into a broader genetic development platform. On February 3, 2022, Fast Genetics acquired Acuity Ag Solutions from Maschhoff Family Foods, with SDR Ventures serving as exclusive financial advisor to Acuity. The transaction was explicitly aimed at strengthening genetic development capabilities and expanding the combined product offering, making it the single most significant recent commercial event in the company's history.
Fast Genetics is led by CEO Gregg BeVier, with Shannon Meyers serving as COO and founders Harold Fast (Chairman) and Marjorie Fast (Co-founder) retaining founder-level involvement. The company's revenue model, pricing structure, customer base, and product line details are not publicly disclosed; the available data describes the business primarily through its M&A history and corporate ownership structure rather than through operational disclosures.
Fast Genetics firmographics
Firmographics- Name
- Fast Genetics
- Website
- https://fastgenetics.com
- Company type
- Private
- Founded year
- 1981
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Fast Genetics is a pig genetics company headquartered in Saskatoon, Canada, founded in 1981 and operating as a subsidiary of STgenetics. It supplies swine breeding stock and genetic development services to pork producers, having expanded via the 2022 acquisition of Acuity Ag Solutions.
- Ownership category
- akta.pro rank
Fast Genetics industry classification
Industry- Product category
- Swine Genetics
- NAICS
- Hog and Pig Farming (11221), Hog and Pig Farming (1122)
- SIC
- Agricultural Prod-Livestock & Animal Specialties (200)
- akta.pro primary industry
- Nucleus Herd/Flock Breeding & Multiplier Stock Supply (AFAEAJAF)
- akta.pro secondary industries
- High-Health/Biosecure Hog Production (SPF/Pedigree Nucleus) (AFAEAEAL), Genomic Testing & Genetic Evaluation Services (AFAEAJAC), Cloning & Advanced Reproductive Technologies Services (AFAEAJAL)
Keywords
Where Fast Genetics is headquartered
LocationHeadquarters
- HQ city
- Saskatoon
- HQ country
- Canada
- HQ region
- North America
Markets served
Fast Genetics business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D
Fast Genetics product offering
Product offeringCore offering
Fast Genetics is a Saskatoon, Canada-based pig genetics company founded in 1981 that develops and supplies swine breeding stock and genetic lines to commercial pork producers. The company expanded its product portfolio in February 2022 by acquiring Acuity Ag Solutions from The Maschhoff Family Foods, broadening its offerings in the swine genetics value chain.
Product overview
Fast Genetics is a subsidiary of STgenetics operating in the genetic development sector, specifically focused on poultry genetics. The company expanded its genetic development capabilities through the acquisition of Acuity Ag Solutions, a subsidiary of Maschhoff Family Foods. The available source data does not provide specific product names, product descriptions, or details about individual product offerings or modules within the Fast Genetics portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- Fast Genetics pig genetics and breeding stock Swine genetic lines and breeding stock developed and supplied to commercial pork producers, originating from the company's 1981 founding as a pig genetics business in Saskatoon, Canada.
- Acuity Ag Solutions product portfolio Product portfolio of Acuity Ag Solutions, acquired by Fast Genetics in February 2022 from The Maschhoff Family Foods, broadening the company's offerings for commercial pork producers.
Companies that use Fast Genetics
Customer profileIdeal customer profiles1 record
Fast Genetics technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Fast Genetics partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- STgeneticscoreFast Genetics operates as a subsidiary of STgenetics. The parent-subsidiary relationship indicates STgenetics maintains strategic control over Fast Genetics operations, with Fast Genetics functioning as part of the broader genetic development capabilities under STgenetics umbrella.
- Acuity Ag SolutionscoreFast Genetics completed acquisition of Acuity Ag Solutions, a subsidiary previously owned by Maschhoff Family Foods. The transaction aimed to strengthen genetic development capabilities and expand product offerings of the combined entities.
- Maschhoff Family FoodsminorMaschhoff Family Foods was the parent company of Acuity Ag Solutions prior to the acquisition by Fast Genetics. The transaction represents a divestiture relationship where Maschhoff Family Foods sold its subsidiary to Fast Genetics.
- SDR VenturesminorSDR Ventures served as the exclusive financial advisor to Acuity Ag Solutions (a Maschhoff Family Foods subsidiary) during the acquisition transaction by Fast Genetics. SDR Ventures facilitated the M&A advisory services for the deal.
Recent moves2 records
Expansion highlights3 records
Fast Genetics competitors and assessment
Company assessmentDirect peers
- Choice Genetics: Multi-species genetics company (part of Groupe Grimaud) with a swine genetics division. Competes with Fast Genetics in supplying pig breeding stock and AI doses, particularly in European and North American markets.
- Topigs Norsvin: One of the world's largest swine genetics suppliers, headquartered in the Netherlands. Directly comparable to Fast Genetics in nucleus herd operations, breeding programs (TN70, Tempo), and global commercial distribution.
- PIC (Pig Improvement Company): The global leader in swine genetics and a division of Genus plc. PIC competes head-to-head with Fast Genetics in supplying nucleus herds, AI boars, and genetic improvement programs to commercial pork producers worldwide.
- Danbred: Danish pig genetics supplier with a globally distributed nucleus. Competes with Fast Genetics in supplying terminal and maternal lines to commercial pork producers, with similar nucleus/multiplier herd economics.
- Hypor: Swine genetics business of Hendrix Genetics. Operates nucleus herds and supplies breeding stock globally, directly comparable to Fast Genetics in product mix (maternal and terminal lines) and customer base.
Broad incumbents
- Genus plc: Public animal genetics company (parent of PIC) with both bovine and porcine platforms. Comparable to Fast Genetics as a swine genetics competitor and as the type of scaled platform STgenetics/Fast Genetics may aspire toward.
- Hendrix Genetics: Multi-species animal genetics platform (Hypor, ISA, Layers, Turkeys, Swine). Comparable as a broader incumbent whose swine arm competes directly with Fast Genetics while also providing scale advantages Fast Genetics lacks.
- STgenetics: Parent company of Fast Genetics, focused primarily on dairy and beef genetics with global reach. Relevant as both a controlling shareholder and an adjacent platform whose R&D and commercial capabilities Fast Genetics leverages.
Others
- Acuity Ag Solutions: Now part of Fast Genetics following the February 2022 acquisition. Previously a Maschhoff Family Foods subsidiary focused on swine genetics; relevant as an absorbed capability rather than an active competitor.
Emerging players
- DNA Genetics: U.S.-based swine genetics supplier offering terminal and maternal lines. Comparable to Fast Genetics as a North American-focused competitor in commercial pork production genetics, though smaller in global reach.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Fast Genetics social profiles
Digital presenceFast Genetics financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fast Genetics leadership team
Management profileNumber of profiles
Profiles4 records
Fast Genetics funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fast Genetics M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fast Genetics
What does Fast Genetics do?
Fast Genetics is a Saskatoon, Canada-based pig genetics company founded in 1981 that develops and supplies swine breeding stock and genetic lines to commercial pork producers. The company expanded its product portfolio in February 2022 by acquiring Acuity Ag Solutions from The Maschhoff Family Foods, broadening its offerings in the swine genetics value chain.
Is Fast Genetics a public or private company?
Fast Genetics is a private company. It is classified as corporate owned and is currently operating.
When was Fast Genetics founded?
Fast Genetics was founded in 1981. It employs 51 to 100 people.
Where is Fast Genetics based?
Fast Genetics is headquartered in Saskatoon, Canada, in the North America region.
Who are Fast Genetics's main competitors?
Direct peers on record are Choice Genetics, Topigs Norsvin, PIC (Pig Improvement Company), Danbred and Hypor. Broad incumbents are Genus plc, Hendrix Genetics and STgenetics. Acuity Ag Solutions is listed as an others. DNA Genetics is listed as an emerging player.
Does Fast Genetics have an API?
No public API is recorded for Fast Genetics.
What industry is Fast Genetics in?
Fast Genetics's product category is Swine Genetics. Its primary akta.pro industry code is AFAEAJAF, Nucleus Herd/Flock Breeding & Multiplier Stock Supply, with a secondary code of AFAEAEAL, High-Health/Biosecure Hog Production (SPF/Pedigree Nucleus). Its NAICS code is 11221 and its SIC code is 200.