Sep 24, 2024Exacto receives growth investment boost
Exacto, a provider of agricultural, horticulture and turf solutions, has received a growth investment from S2G Ventures and Skyline Global Partners.
The investment aims to strengthen Exacto’s leadership in soil and water management and accelerate the introduction of new products.
“With S2G and Skyline, we’ll accelerate our growth globally,” Kenny Cox, CEO of Cox Family Holdings, said in a news release.
The investment will allow Exacto to expand its operations, scale its innovation pipeline, and increase its global footprint.
Wally Beecroft, CEO of Exacto, and the company’s management team will remain in place as Exacto plans to make strategic hires to support its next phase of growth.
“Exacto is poised to strengthen its position as an industry leader,” Sanjeev Krishnan, managing partner at S2G, said in the release.
Founded in 1981, Exacto develops solutions that enhance crop protection, plant health, and soil efficiency. Its products are used on 130 million U.S. acres annually, improving resource efficiency and crop performance.