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Growth Equity

Forage Capital Partners

Forage Capital Partners takes minority stakes in growing companies, usually without full control, from Calgary, Canada. It states a focus on agriculture and food & beverage.

Disclosed holdings18
Earliest stated investment
HeadquartersCalgary, Canada
Stated fund size150 million

Stated investment criteria

What Forage Capital Partners says it buys

Read from Forage Capital Partners’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Transaction typesGrowth1

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. Nothing here is a commitment by Forage Capital Partners to consider any particular business, and nothing on this page is represented as being for sale.

Portfolio

Disclosed holdings

Companies Forage Capital Partners lists on its own website. No investment years are published.

CompanyInvestedYears heldRecorded transaction
Alasko
Awake Chocolate
Bushel Plus
Concept Bins
Concept Industries
Croptimistic Technology
Evoco
Fieldless
Fieldless Farms
Mother Raw
Nuts for Cheese
Ostara
Red Dog Blue Kat
Red Dog Deli
S3 Enterprises
SWAT MAPS
Vytelle
justsolutionsag.com

Compiled from Forage Capital Partners’s published portfolio page. Where a recorded transaction is shown, that company was the target of a reported deal and has most likely already been realised. Nothing here is represented as being for sale.

Valuation context

Transaction values in Agriculture

What companies have actually sold for in agriculture, across 53 recorded transactions.

Median consideration$75m
Middle 50%$35m-$158m
Revenue multiple0.7×
EBITDA multiple6.85×

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Comparable investors

Similar mandates

Other growth equity investors active in agriculture.