Skip to main content

Growers Edge Acquires AQUAOSO Technologies to Help Lenders Better Evaluate Farmland Values and Climate Risks

Written by Customer Service on . Posted in Mergers And Acquisitions.

Suite of software tools will empower ag lenders to streamline operations, find new customers faster, and build stronger relationships

JOHNSTON, Iowa, Dec. 19, 2024 (GLOBE NEWSWIRE) — Growers Edge, a financial technology firm that provides modern financial products and data-driven tools for agricultural retailers, manufacturers, and lenders, today announced the acquisition of AQUAOSO Technologies, which offers its services under the Agcor brand and provides mapping, data, and analytics software for agricultural lenders.

Many agricultural lenders undervalue weather, water, and climate risks in their financing decisions. Traditional land valuation methods don’t consider the impact of the worsening effects of climate change, which can include unpredictable fluctuations in temperature and precipitation that increase the frequency and range of droughts, floods, insects, weeds, and diseases.

Agcor’s climate intelligence model, which uses location-based data to determine future impact of weather, water, and other climate events, helps lenders better understand climate risks. It’s part of a suite of software tools on the Agcor platform, which lenders use to streamline operations, better manage their portfolios, and build stronger relationships with customers.

Lenders, including Golden State Farm Credit, American AgCredit, and MetLife, use Agcor’s technology to quickly and accurately assess risk exposure and identify hidden revenue opportunities in their portfolios.

Agcor improves the agricultural lending process by integrating loan, collateral, appraisal, sales, and other lending data into a single source. Lenders use that data to evaluate and automate loan decisioning, appraisal, and portfolio risk management processes. Together, Growers Edge and Agcor will empower financial institutions to make faster, better-informed lending decisions.

“The most accurate farmland valuations are backed by the most comprehensive data and realized by streamlined ag lending processes,” said Matt Hansen, CEO of Growers Edge. “As we’ve built out advanced land valuation models at Growers Edge, Agcor has developed close partnerships with agricultural lenders by providing them with the analytical tools they need to build trust-based relationships with borrowers. The combined dataset, analytics engine, and suite of software tools will reshape the landscape of agricultural lending.”

The acquisition marks another major milestone for Growers Edge. Over the past 12 months, the company has expanded its RangeAg farmland valuation tool to cover 144 million acres or over 50 percent of all federally-insured farmland in the US, partnered with firms like Mondelez and PepsiCo to increase the adoption of environmentally friendly practices, and supported a significant awardee of the EPA’s $14 billion National Clean Investment Fund.

“Agcor and Growers Edge share a commitment to unparalleled precision and efficiency in the farmland valuation space,” said Chris Peacock, CEO of AQUAOSO Technologies. “As we integrate our data and analytics tools into their existing valuation models, we’ll develop a more powerful software suite for our current and future customers.”

About Growers Edge

Growers Edge provides modern financial products and data-driven tools that help forward-thinking agriculture retailers, manufacturers, and lenders reduce their growers’ risks and costs when adopting newer innovative solutions and practices. The company’s crop plan warranty and input financing solutions are trusted by dozens of retailers and manufacturers to assist hundreds of growers affordably purchase their products and guarantee yields on over one million acres of cropland.

About AQUAOSO Technologies

AQUAOSO Technologies offers its services under the Agcor brand and provides a proven suite of location-based lending software, data, maps, and analytics purpose-built to empower trusted relationships between ag lenders and their borrowers.

For more information, visit agcor.io.

CONTACT: Media Contact
Jack McHugh
jack@propllr.com 

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.