During the past four years, Verdant Partners has had the privilege of working with the developers, marketers, and adopters of the digital and precision technologies that are changing and improving the global agriculture segment. Preparing this year’s installment of Verdant’s annual AgTech M&A Landscape was a great reminder of how dramatic the growth has been and how important agtech has become to our industry, and we have seen only the tip of the iceberg. The global pandemic contributed to a slowdown of market expansion and grower adoption of digital and precision tools in 2020 but did not phase M&A volume.
Verdant observed over 35 completed deals in 2020, comprised mostly of agronomic data collection and analytics, farm operations and profitability management, irrigation control and management, and biologicals technologies. Much like 2019, transactions of US-based companies represented over 50% of total deals in 2020, followed by Europe (19%), Canada (14%), and Asia (11%). A few other trends were observed this past year that should be indications for 2021...
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