Oxley Capital Partners acted as lead sell-side transaction advisor for a family owned integrated cropping and dryland farming enterprise. This enterprise was one of the largest privately owned irrigated cotton and dryland farming aggregations via Goondiwindi, Queensland. The aggregation covered over 26,000 hectares with 65,000 megalitres of irrigation entitlements with annual production exceeding 70,000 cotton bales.
Oxley Capital Partners conducted and executed a two-stage process, ensuring confidentiality, early buyer qualification and a streamlined due diligence process while maintaining competitive tension among bidders. We worked as part of a broader project team (legal, tax, valuations etc.) to optimise the sale structure and process. Throughout this process Oxley Capital Partners provided investors with key due diligence information and materials including detailed hydrology reporting and modeling. The key modeling focused on long-term water reliability and underpinned investor analysis of average cropped hectares – this was used to drive value parameter discussions and strengthened price negotiations.
Further to the above, a financial model and operational data was provided, focusing on normalised and historical EBITDA which supported forecasts. The financial model incorporated hydrology insights focused on water scurity, long-term reliability and agricultural productivity all which underpinned the aggregations financial profile.
Oxley Capital Partners leveraged its deep network of local and offshore investors to conduct a targeted process, of which the successful purchaser was a North American institutional investor managed by an Australian based asset manager.
Oxley Capital Partners continues to be a trusted advisor in the natural capital sector, helping businesses secure the right capital to fund growth and deliver environment and financial returns in unison.
