Mergers & Acquisitions

PFG Holding Corporation Acquires Pro Farm Group Assets in Foreclosure Auction

PFG Holding Corporation successfully bidded in the foreclosure auction for the assets of Pro Farm Group, Inc., held on January 20, 2026.
Image provided by PFG Holding Corp.

Key Takeaways

  • PFG Holding Corporation was the successful bidder for Pro Farm Group assets in a January 2026 foreclosure auction.
  • The transaction is expected to close on February 18, 2026.
  • Day-to-day operations, employees, and existing commercial contracts are expected to remain unchanged.
  • The new ownership plans to maintain continuity and invest in future growth.
  • Pro Farm Group will continue operating in the biologicals sector serving global growers.

PFG Holding Corporation Completes Bid for Pro Farm Group Assets


PFG Holding Corporation has announced that it was the successful bidder in the foreclosure auction for the assets of Pro Farm Group, Inc., held on January 20, 2026. The transaction is expected to close on February 18, 2026, subject to customary closing conditions.

According to the announcement, the acquisition is structured to ensure continuity of operations. PFG Holding Corporation stated that it does not anticipate any changes to employees’ day-to-day responsibilities or employment status following the close of the transaction.


Continuity of Operations and Commercial Relationships


PFG Holding Corporation also confirmed its intention to honor the company’s existing commercial contracts and to continue operating the business in the ordinary course. This includes maintaining service levels for customers and preserving relationships with suppliers and partners.

The company emphasized that operational stability is a priority as Pro Farm Group transitions under new ownership.


Strategic Focus on Stability and Growth


“We are excited to be the new owners of Pro Farm and to support the company as it enters a new chapter of continuity, stability, and growth,” said Noah Kolatch, Principal at Jasper Lake Ventures One LLC, the majority shareholder of PFG Holding Corporation.

Kolatch added that the new ownership views Pro Farm Group as a fully integrated innovation and commercial leader in biological solutions for agriculture. He noted that the immediate focus following closing will be to support employees, ensure a smooth transition, and maintain Pro Farm’s role as a reliable partner to growers and suppliers.


Investment Plans Following the Acquisition


Simplified Capital Structure and Additional Resources

Following the transaction’s completion, Pro Farm Group is expected to operate with a simplified capital structure. PFG Holding Corporation indicated that it plans to invest additional resources into the business to support the existing team and build on the company’s established foundation in agricultural biologicals.

“We intend to invest additional resources to support the team, ensure a smooth transition, and build on Pro Farm’s strong foundation,” Kolatch said.


Outlook for Pro Farm Group


Under new ownership, Pro Farm Group is expected to continue serving growers globally with its portfolio of biological products. PFG Holding Corporation stated that its approach is centered on operational continuity, long-term stability, and measured growth within the agricultural inputs and biologicals market.

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