Realised
Commitment:
£25m
Date of investment / realisation:
2015 / 2023
Sector:
Data & Analytics
Buy & Build:
4 Completed Acquisitions
“Horizon Capital’s proven track record in executing complementary bolt-on acquisitions makes them the perfect investment partner for our business.”
Rory BrownCo-Founder & CEO
Background
AgriBriefing is the leading provider of premium independent price reporting, market data and intelligence for the global agri-commodity market. Its primary objective is to help the global agribusiness industry operate more efficiently. AgriBriefing’s trusted brands meet the compelling need for more transparency and trusted pricing benchmarks in this vital sector, with live price reporting, as well as news, analysis, professional networks and market data.
Horizon Capital originally invested alongside the business founders in July 2015 and developed a strategy to build on its vertical industry focus and make the transition towards high value pricing information to international customers in the global agribusiness market.
The Journey so far
Agribriefing has completed its transition to a pure-play price reporting agency and data-led, subscription revenue offering. The final stage of this transition was the successful sale of the original UK focussed media & events division to ARC, in August 2021.
It has more than doubled in scale and is now the largest independent agribusiness price reporting agency globally with over 500,000 professionals across 150 countries relying on its information services to make business decisions worth hundreds of billions of dollars across the entire value chain.
Over the last five years, Horizon Capital has worked closely with the team to build management succession and invest for growth, investing in acquisitions, sales and marketing resource, CRM systems, pricing strategy and IT systems to build a robust and scalable platform.
Buy and Build
Since the investment from Horizon Capital, Agribriefing has completed 4 transformational international add on acquisitions, 2 in the US and 2 in Europe.
Realisation
During Horizon’s period of investment, AgriBriefing was transformed through four international acquisitions and the disposal of a non-core division. It established a significant presence in the large US market and subscription revenues grew threefold to $30m. The business was sold to Mintec, a Five Arrow’s-backed business, delivering a 3x MOIC.
News & Insights
Related Infomation
Horizon Capital announces exit from portfolio company AgriBriefing to Five Arrow’s-backed Mintec, delivering 3x invested capital
Horizon Capital, the private equity investor specialising in technology and business services, is delighted to announce the sale of its portfolio company AgriBriefing to Mintec, a Five Arrow’s-backed business. The…
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Horizon Capital backed AgriBriefing announces the acquisition of Tallage SAS – trading as Stratégie grains
AgriBriefing, the world’s leading agribusiness price reporting, information, market data and intelligence company is pleased to announce the acquisition of Tallage SAS. Tallage is a French-based provider of business-critical intelligence…
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