After a decade of main the best way in sustainable agriculture costs and analytics in the USA, Founder and CEO Kellee James‘ firm Mercaris has been acquired by Argus.
James’ firm – which offers worth assessments, analytics, and forecasts for natural and non-GMO agriculture – boasts prospects like Perdue Rooster, Cargill, and Rabobank and labored as a conduit for a $100 million USDA fund for natural dairy farmers in want of monetary help from the trade, in line with AfroTech.
“We’re excited to grow to be a part of Argus which presents an ideal alternative to leverage their trusted model, international attain and scale with our best-in-class sustainable agriculture providing,” James mentioned in a press release. “Collectively, we will broaden Argus agriculture insights each inside the U.S. and internationally and improve our present product portfolio, higher serve our prospects, and speed up product growth into associated markets.”
Along with worth assessments, Mercaris offers acreage estimates, provide/demand evaluation, and services density mapping to prospects throughout the agriculture provide chain within the U.S. – key components in serving to Argus to develop its attain and impression.
“We’re happy to additional develop Argus agriculture capabilities within the Americas,” mentioned Argus Media chairman and chief govt Adrian Binks. “The event of sustainable agriculture is vital because the world embraces the transition to web zero. The mixing of Mercaris into Argus will permit us to scale our providing and supply worthwhile new market transparency.”
Enlargement can also be prime of thoughts for James, who sees the partnership as an inevitable a part of the need to see Mercaris develop. “As a founder, I’m all the time on the lookout for methods to scale our impression, and this acquisition is a strategic means to speed up the work that each firms do within the important sectors of agriculture, vitality, and different vital markets,” she mentioned. “Startups are powerful to construct and develop, and taking Mercaris from thought to exit is one thing that I, and the Mercaris workforce, are happy with.”
