Armory Securities, LLC is pleased to announce that Revol Greens, a leading Controlled Environment Agriculture (“CEA”) greenhouse-based lettuce producer with over $200MM invested across four U.S. growing locations, has secured new financing and restructured existing indebtedness. The new financing provides additional liquidity for Revol Greens to execute its growth initiatives. Armory Securities served as the exclusive placement agent to Revol Greens for the transaction, assisting with both securing new financing and restructuring.
Revol Greens, founded in 2017, is committed to transforming the lettuce and leafy greens industry through sustainable greenhouse-based production. With advanced growing techniques, Revol Greens reduces water usage, eliminates the need for unnecessary chemicals, and ensures year-round supply of fresh, locally grown produce.
Operating state-of-the-art greenhouses in Minnesota, California, Georgia, and Texas, the company aims to provide high-quality, sustainably grown greens to a broad customer base, including top U.S. retailers, food service providers, and quick-service restaurants.
The financing placed by Armory Securities included an asset-based revolving line of credit. With a strong operational team, scalable business infrastructure, and newly streamlined operations, Revol Greens is well-positioned to accelerate its growth and profitability.
For information on this transaction or about Armory Securities, please contact one of the following deal team members:
Doug McDonald
Head of Food & Agribusiness
dmcdonald@armorysecurities.com
310.721.2671
Dave Clark
Managing Director
dclark@armorysecurities.com
617.990.4682
Melissa Chu
Vice President
mchu@armorysecurities.com
978.942.7428
Armory Securities, a division of Armory Group, LLC, is a leading investment bank dedicated to helping middle market companies and their constituents. Armory Group, through its subsidiaries, provides investment banking services, asset management services and advisory services, including enterprise transformation and interim management, to middle market companies and their stakeholders. Learn more about Armory Group, and its subsidiaries, at www.armorygroupllc.com.
Armory Securities, LLC, member FINRA, Member SIPC