The Virgo team shares our vision and are exactly the type of value-added partners we need to take our business to the next level. ARM is now poised to seize on the market opportunity ahead of us.
Redwood Shores, CA (PRWEB) October 08, 2015
In September, Virgo Investment Group (“Virgo” or the “Firm”) announced a partnership with ARM , a Mid-South based provider of innovative agribusiness loan and crop insurance products. The investment will accelerate organic growth and support strategic acquisitions.
“We are excited to have Virgo as a partner," said Brad Terral, co-founder of ARM. “The landscape for agribusiness risk management and client resource optimization is changing rapidly. These changes include increased bank regulation, growth of the crop input and insurance businesses, and continued volatility in crop markets. ARM was created to address this need for unique and customized financial solutions. Virgo adds access to capital as well as financial, management and administrative expertise. Mack McNair and the Virgo team share our vision and are exactly the type of value-added partners we need to take ARM to the next level. ARM is now poised to seize on the sizable market opportunity ahead of us."
“With Virgo’s investment, ARM will be able to execute our location-based expansion strategy expanding our footprint and gaining nationwide coverage of the agribusiness market,” says Mark Branch, co-founder and President of Lending at ARM. “Virgo’s commitment to ARM will also help us drive the continued product innovation required to better serve our customers.”
Mack McNair, a Founding Partner at Virgo who leads Virgo’s financial services investments will be joining the board as Chairman. Two other Virgo partners are also joining the board. Mack noted, “Brad, Mark and the entire ARM team have built an impressive business that fills an important void in the agribusiness capital markets as evidenced by their impressive growth over the last six years. Their risk analysis process is rigorous and disciplined and has resulted in the extraordinary performance of their loan portfolio since inception. We are proud to partner with ARM and look forward to working together to take the business to the next level.”
ARM is a specialty finance company focused on bringing financial and risk management solutions to agribusinesses nationwide. ARM brings value to customers via the structuring of short-term financial risk. The Company provides crop production loans to meet working capital needs of producers as well as crop insurance to cover expected levels of production. Loans can be direct to the producer or arranged in conjunction with a local distributor. Based in Rayville, Louisiana, ARM currently has offices in Jonesboro, Arkansas; Amarillo, Texas; Cleveland, Mississippi; Crowley, Louisiana; Dexter, Missouri; Cheney, Kansas and Victoria, Texas. http://www.armlend.com.
About Virgo Investment Group
Virgo is an opportunistic, value investor. Founded in 2009, Virgo has invested over $725 million, completing 41 investments to date. Virgo invests in market dislocations and areas of corporate change targeting both less efficient market segments and identified themes (or "market seams") in the firm's core industries. A theme-based approach to idea generation, coupled with proactive sourcing, a flexible mandate and creative transaction structuring skills, allows the firm to create differentiated opportunities and target optimal risk-adjusted returns across market investment cycles. Virgo is an actively engaged investor that seeks to contribute ideas and human capital to the harvesting of value post-investment and has a successful history of partnering with founder entrepreneurs and management teams, like the teams at ARM, Lease Corporation of America (“LCA”) and Zippy Shell Incorporated, to support their growth initiatives. For more information, please visit http://www.virgo-llc.com.