Arcadea Group Announces Strategic Acquisition of Phoenix, by Agdata Holdings
Arcadea Group Announces Strategic Acquisition of Phoenix, by Agdata Holdings
TOOWOOMBA, Australia--(BUSINESS WIRE)--Arcadea Group, a long-term investor in high-quality vertical software businesses, is pleased to announce its strategic acquisition of Agdata Holdings, including Phoenix, is flagship farm management software (“Agdata”).
Joining forces with Arcadea Group marks an exciting new chapter for Agdata after being family-owned for 30+ years.
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Phoenix is an integrated farm management software suite that covers the entire Australian cropping and livestock production system. This comprehensive approach allows producers to manage their operations efficiently, integrating data from production to farm financials —all in one system, something unmatched in the market.
“We are thrilled to welcome Agdata into the Arcadea AgTech portfolio, joining AgCode and Radfords Software. Agdata’s deep understanding of the Australian agricultural landscape and their innovative software solutions make them a perfect fit. We look forward to supporting their focus on accelerated product development and deeper penetration within their markets,” said Daniel Eisen, Co-Founder and Managing Director of Arcadea Group.
“We see tremendous potential in Agdata,” added Nelson Ball, VP at Arcadea Group. “Their team has built an incredible suite of products that is vital to the success of Australian producers. We are excited to support Agdata in its next phase of growth and innovation.”
“Joining forces with Arcadea Group marks an exciting new chapter for Agdata after being family-owned for 30+ years,” said Glenn Skerman. “Their long-term investment approach, acute focus on AgTech, and deep expertise in vertical software align perfectly with our vision for the future of Phoenix. We are confident that this partnership will bring significant benefits to our customers and the broader agricultural community.”
This acquisition underscores Arcadea Group’s ongoing commitment to investing in AgTech software companies with long-term potential and ambitions.
About Agdata
Phoenix is a leading farm management software solution tailored for the Australian agricultural industry, based in Toowoomba, Australia. The product is unrivalled in the sector with its ability to cover an entire rural production system, integrating data from production through to farm financials.
About Arcadea Group
Arcadea Group is a long-term investor in high-quality vertical software businesses. With a global mandate, Arcadea leverages its significant permanent capital base to focus exclusively on businesses with long-term potential that deliver mission-critical solutions.
Contacts
Daniel Eisen
Managing Director
Arcadea Group
eisen@arcadeagroup.com
