DCA Partners advised Grow West on the transaction
Roseville, CA – Grow West, an agricultural retailer dedicated to serving Northern California growers, announced this week that it has acquired the assets of Clark Trucking Service, Inc. of West Sacramento, bringing additional services to their vertically integrated trucking business. The acquisition is part of Grow West’s mission to provide a full-suite of services to agriculture businesses in California.
“Grow West has evolved from a single location to an agricultural staple,” said Curt Rocca, Managing Partner at DCA Partners. “To successfully manage that growth, the leadership team carefully considers how each new venture and service will affect their customers, employees, and the local community. Clark Trucking, as a family-owned and well-respected company, was an ideal fit both in terms of culture and services.”
DCA advised Grow West throughout the transaction, leveraging its experience and expertise in the agriculture industry. “Grow West is in the midst of our busy season and we couldn’t let down our customers by sacrificing service because we were overwhelmed by a deal—that’s where DCA came in,” said Ernie Roncoroni, Grow West CEO. “They took care of running a full, professional process, which allowed us to remain focused on our core business.”
Clark Trucking, which has provided hauling amenities for pear, peach, and rice growers since 1957, will fold into Grow West Trucking’s fresh-food hauling services.
About DCA Partners
Based in Sacramento, DCA is the Central Valley’s leading Investment Banking and Private Equity firm. On the Investment Banking side, DCA helps family-owned and other closely held businesses grow through acquisition (buy-side advisory), or maximize the value they receive in a sale of the business (sell-side advisory). Similarly, the Private Equity Investment arm invests in growing family-owned and other closely held businesses in a broad spectrum of industries. DCA can provide investment capital with very flexible structures for a variety of purposes, including growth capital, acquisition financing, and complete company buyouts.
About Grow West
Grow West is a leading agri-business company and retailer, servicing both conventional and organic production agriculture in California. Grow West is the new umbrella brand name for the former brands Tremont, Lyman, AgriSource, Agriform, Growers Ag Source, AgService Seeds,TSI, and AG Unlimited. With 15 retail, farm supply, and wholesale manufacturing locations throughout Northern California, Grow West services growers through PCA consultation, agronomic expertise in crop and pest control management, as well as products and services to support more than 50 California crops.
Curt Rocca, Partner