In a move to support innovation and growth in the agricultural supply chain sector, Hidden River Strategic Capital invested in Seedbox Solution, a provider of reusable packaging and fleet management solutions to the seed industry. Hidden River’s investment, in partnership with Granite Creek Capital Partners and Everside Capital Partners, supported the management-led buyout of the company’s previous majority shareholder, while making available growth capital.
“We are thrilled to support the Seedbox management team as they continue to drive efficiency and innovation throughout the seed industry supply chain,” Todd Morrissey, co-founder and partner at Hidden River, said. “This transaction aligns perfectly with our investment strategy of providing flexible structured capital to strong businesses led by exceptional management teams. We see significant potential in Seedbox’s capacity to innovate and streamline supply chain logistics within the agricultural sector.”
“The investment from Hidden River positions us to invest in a variety of growth initiatives to better serve our customers, including expanding our seed box wash and repair business and growing our unified box rental/service,” Matt Dannenfeldt, co-founder and CEO of Seedbox, said. “We will also be able to expedite the introduction of cutting edge ‘smart box’ technology, allowing our customers to monitor seed product location, health and status in real-time through the supply chain.”
