Platte River Equity has made a majority investment in Turf Care Supply, LLC in partnership with the management team, which made a significant investment alongside Platte River. Headquartered in Brunswick, OH, Turf Care is a leading formulator and blender of coated nitrogen and other fertilizer products, operating four manufacturing facilities throughout the eastern United States. The transaction also includes Allied Nutrients, a division within Turf Care focused on supplying enhanced efficiency fertilizer.
"Platte River's cultural fit and relevant experience were important to our team as we chose a partner to support the Company in its next phase of growth," said Turf Care Chief Executive Officer, William Milowitz.
Bartlit Beck LLP served as legal counsel to Platte River. Calfee, Halter & Griswold LLP served as legal counsel and Citizens M&A Advisory served as financial advisor to Turf Care.