We are pleased to announce our new investment partner, Paine Schwartz Partners, a partnership that will enable us to accelerate our plans around creating additional client value through technology, innovation and partnership.
Paine Schwartz Partners are a global leader in sustainable food chain investing. They have more than 20 years of experience, 60+ investments valued in excess of $5 billion in sustainable food chain sectors. This partnership builds on Paine Schwartz’s track record of investing in data-driven food and agribusiness companies.
Daniel Wirth, CEO of Kynetec said, “We have made important progress growing Kynetec and are proud of our accomplishments since the Company was founded in 2002. Just over a year ago we took a meaningful step expanding our footprint and capabilities with the acquisition of the Kleffmann Group. With the demand for data and analytics in the agricultural and animal health markets multiplying by the day, we are poised to accelerate our growth. This investment by Paine Schwartz will provide us with the resources to capture opportunities, while bringing us a partner with deep agribusiness experience and expertise. We look forward to working closely with the Paine Schwartz team to continue building out our offerings, capabilities and customer base and extending our leadership in agriculture and animal health market research.”
Kevin Schwartz, Chief Executive Officer of Paine Schwartz, said, “We are investing in Kynetec at a time when the use of data and the ability to analyze it is becoming more critical as companies across the value chain increasingly rely on it to implement efficient and sustainable practices. With its global footprint and best-in-class offerings, Kynetec has a strong foundation with the ability to move into new markets, deepen its offerings and enhance its technology. In particular, key opportunities include expanding in the machinery segment, growing animal health offerings and delivering solutions that support agricultural sustainability.”
Paine Schwartz Partners deep knowledge of the Agriculture and Animal Health markets, their broad network, and strong track record of investment in the food chain make them ideal partners for Kynetec.