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Buyout PE

Rural American Fund

Rural American Fund acquires controlling stakes in established, profitable businesses, from Chicago, United States. It states a focus on agriculture and food & beverage.

Capital raised$30macross 1 SEC-filed vehicle
Most recent fund2020
HeadquartersChicago, United States
Largest single fund$30m

Stated investment criteria

What Rural American Fund says it buys

Read from Rural American Fund’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.

Minimum revenue it states$10m1
Minimum EBITDA it states$2m1
Transaction typesPlatform, Add-on1
People listed on its team page42

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. Rural American Fund states that it takes minority stakes rather than control. The team figure counts the people the firm shows on one team page, so it is a floor rather than a headcount: firms that split their team across tabs or load it in pages will read low. Nothing here is a commitment by Rural American Fund to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What Rural American Fund has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed1
Total capital raised$30m
Largest single vehicle$30m
Filing history2020
Smallest accepted commitment$300k
Filed fromILLINOIS

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Portfolio

Disclosed holdings

Companies Rural American Fund lists on its own website. No investment years are published.

CompanyInvestedYears heldRecorded transaction
Aquatrols
Charger Genetics
Fisher Nut
Hen Haven
Independent Ag
La Crosse Seed
Ritchie Industries
Ritchie Industries, Inc.
Seeds 2000
Technology Crops International

Compiled from Rural American Fund’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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