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Peakstone Closed Deal Announcement: Unique Vertical Farming Company

July, 2018. Peakstone served as exclusive M&A advisor to 80 Acres Farms (or “the Company”) in connection with the Company’s recent strategic partnership with a leading commercial farming operation based in the Pacific Northwest region of the U.S.

Founded in 2015, 80 Acres Farms is a unique vertical farming company that is disrupting the retail and food service produce industry. The Company utilizes strategic partnerships and best of breed technologies, coupled with decades of experience in the food industry, to revolutionize the future of global fresh produce. 80 Acres Farms sells produce from Company-owned vertical farms to a variety of grocery retailers and foodservice distributors, primarily co-located in a customer’s distribution center, and offers the most extensive variety of produce available.

The Company has established a strong pipeline of new vertical farms to be built over the next 24 months as leading regional & national grocery and food service customers commit to its unique fresh produce business model. In addition, 80 Acres Farms is in active discussions with several strategic global technology partners, including Philips and Priva.

Peakstone has been retained by the Company and continues to raise additional investment capital as management executes their strategic growth initiatives. If you are interested, please send an email to either eric@peakstone.com or cjaros@peakstone.com. We will get back to you based on your email response.

80 Acres Farms is distinguished from other indoor growing companies.

– A revenue model focused on demand-based growing, delivering predictable payback
for invested capital.

– Best of breed global technology partnerships to be announced shortly.

– An accomplished leadership team.

– A fully developed infrastructure for rapid growth.

– Four farms currently in operation serving major grocery and food service customers.

Terms of the transaction were not disclosed.

For additional information please contact the following:

Eric Dziedzic, Managing Director, 312-346-7314, eric@peakstone.com

Cathy Jaros, Managing Director, 312-262-7735, cjaros@peakstone.com

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions advisory and capital raising for middle market clients. The team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit www.peakstone.com.