"It was an honor to be AIC Caribbean Fund's first investee company in the Dominican Republic. As investors, they understand the pragmatic realities of the infrastructure construction business through different business cycles and were very responsive to the needs of Moya. We look forward to partnering again with ACF in the near future."
World Food
Date of Investment:
November, 2012
Deal Value:
$4 million
Status:
fully realized
Website:
http://www.worldfoodprocessing.com In November 2012, Portland Private Equity invested in the one of the largest non-GMO soybean processing and genetics companies in the USA, World Foods Processing, to support their growth plans to expand into the Caribbean via: (i) a growing program to foster protein independence in these markets and; (ii) sale of non-GMO ingredients to food companies. The Portland team viewed this investment as an opportunity to support a market leader with a robust multi-decade track record. Portland has successfully exited the investment.
The Portland Private Equity Difference:
Portland Private Equity added value by:
- Introducing the company to key private sector and public sector officials in the Caribbean
- Providing advice on how to get the growing programs started in several markets
- Improving the governance and reporting of this family-run business
- Participating as a Board observer