Deal Details

Kainos Acquires Super-Sod

Industrial

Kainos acquisition of Super-Sod, a portfolio company of Heartwood

Summary

Kainos Capital (“Kainos”) has acquired Patten Seed Holdings (d/b/a Super-Sod) (the “Company”), a portfolio company of Heartwood Partners (“Heartwood”). Terms of the transaction were not disclosed.

Baird served as financial advisor to Kainos on this transaction.

About

Kainos is a middle-market private equity firm with a focus on the food and essential products and services ecosystem. The Kainos team has extensive investment and operating experience in the industry, having invested approximately $3 billion of equity in more than 45 transactions with a total transaction value of over $7 billion. Kainos is headquartered in Dallas, Texas.

Super-Sod is an innovative provider of sod, seed, soil and other landscaping solutions across the southern United States through a vertically integrated network of farms, retail stores and an eCommerce platform. The Company’s omnichannel approach and reputation for product quality and innovation have established Super-Sod as a trusted brand for professional landscapers and homeowners throughout the region. Super-Sod is headquartered in Charleston, South Carolina.

Heartwood is a middle-market private equity firm that manages over $1.4 billion in investments and commitments, and its principals have invested in more than 100 platform and add-on acquisitions. Heartwood is focused on founder, family and management-held businesses serving the niche manufacturing, specialty chemicals, food, agriculture, packaging and industrial & consumer services markets. Heartwood is headquartered in Norwalk, Connecticut.

Industrial

Kainos acquisition of Super-Sod, a portfolio company of Heartwood