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Horizon's agtech exit delivers 3x return

January 10, 2023 at 11:32 am

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Horizon Capital has exited its investment portfolio company AgriBriefing with a sale of the business to Five Arrow-backed Mintec, delivering 3x return on invested capital in the process.

Horizon Capital has exited its investment portfolio company AgriBriefing with a sale of the business to Five Arrow-backed Mintec, delivering 3x return on invested capital in the process.

Headquartered in London, with offices in the US and France, AgriBriefing comprises multiple global brands with a combined heritage of over 180 years specialising in agri-food supply chains through its products and proprietary data. 

During Horizon’s period of investment, the business made four international acquisitions and disposed of a non-core division. It also established a significant presence in the large US market and subscription revenues grew threefold. 

AgriBriefing was advised by Houlihan Lokey (corporate adviser) and CMS (legal counsel).