Sustainable Beef has partnered with Walmart, CoBank and Farm Credit Services of America to finance the development of a sustainable, beef processing facility
Sustainable Beef is a premiere sustainability-focused beef processor located in the heart of Nebraska’s Sandhills region. The company will construct and operate a fully integrated beef processing plant in North Platte, Nebraska. The plant is expected to open by late 2024.
Sustainable Beef was established in 2020 with the goal of augmenting the beef industry’s finite processing capacity and to provide cattle producers an opportunity to invest further downstream in the value chain. State-of-the-art technology will underpin a focus on animal welfare and sustainability, allowing the plant to operate with leading efficiencies and trace product from ranch to plate.
Lincoln International worked closely with management to identify commercial partners and investors aligned with the company’s vision for a transformative approach to operations across the beef supply chain. Along with a capital investment in the company, Walmart and Sustainable Beef established a commercial partnership for the supply of top-quality angus beef. Additionally, Sustainable Beef received senior debt financing from CoBank and Farm Credit Systems of America to support the construction and operations of the plant.
Alex Stevenson, Managing Director in Lincoln’s Capital Advisory Group, commented, “It took a thoughtful and out-of-the-box approach to arrange a financing outcome with strategic and financial partners committed to supporting Sustainable Beef from construction through long-term operation. We are thrilled to have been selected as the company’s advisor for such a fundamental transaction.”
Jeff Cleveland, Managing Director in Lincoln’s Consumer Group, added, “This is a transformative financing and partnership for the beef processing supply chain. The vision and perseverance of the company’s founders are truly remarkable. We are honored to have played a role in bringing the company and its partners together.”
Lincoln’s industry expertise and ability to manage the financing process to ensure the priorities of all parties in the transaction were aligned was instrumental in bringing this partnership to fruition.
Meet our Senior Team
View More Transactions in Consumer and Capital Advisory
Lincoln International advised Auto Plus, a portfolio company of Icahn Enterprises L.P., on the sale of substantially all of its assets to a series of strategic acquirers
Lincoln International advised Court Square Capital Partners on its acquisition of Five Star Parks and Attractions
Lincoln International advised Excolere Equity Partners on its acquisition of EPS School Specialty, a division of School Specialty
Any information or testimonials contained in this post may not be representative of the experience of other clients and is no guarantee of future performance or success.