Arable Capital Partners Forms Laurel Agriculture + Water Solutions
BAKERSFIELD, CA - Over the course of the last several months, Arable Capital Partners has finalized the acquisition of Hydratec, Inc., Lodi Pump & Irrigation, and Universal Irrigation & Supply, and now the company is launching a new platform combining the capabilities of these three highly regarded irrigation company’s in a single entity: Laurel Agriculture + Water Solutions.
“As we developed this solution-based team, we wanted to be sure that we were filling the gaps with members that have reputations of excellence and integrity,” said Derek Yurosek, Managing Director of Arable, in a press release. “The agriculture industry is a tight knit group, one where your word goes a long way. The combined success of our leadership team illustrates the value of integrity and building lasting relationships with customers.”
With a focus on precision water solutions, Laurel Ag aims “to revolutionize the industry with innovation and a customer-centric mindset to help farmers, investors, and management companies reach their goals.” According to Arable’s press release, the combined group’s long-term mission is to provide growers with the right tools to cultivate the land in a sustainable, profitable, and responsible way.
“Laurel has the ability through this combination of successful businesses and management teams to create value for their customers,” said Greg Richards, Managing Director for Arable. “We are excited to watch the collaborative effort to innovate and develop new solutions for our clients and partners alike.”
Hydratec, Inc., Lodi Pump & Irrigation, and Universal Irrigation & Supply are three companies dedicated to providing unsurpassed customer service, and Arable noted that that commitment will now form the foundation of the newly established Laurel Ag platform.
The company derived the name Laurel Ag from the interlocking leaves of a laurel crown. The symbol is intended to illustrate Arable’s drive for a collaborative relationship with customers—leading to the ultimate goal of celebrating customers’ successes.
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