J.B. Pearl Sales & Service, Inc., a St. Marys, Kansas-based ag retailer, recently closed on its sale to an undisclosed buyer.
J.B. Pearl is a respected family-owned, agri-business company offering essential farming products and services to its farmer-grower customers. The company has eight strategic locations throughout its northeast Kansas service area and prides itself in operating a strong agronomic service business specializing in crop inputs and agronomics, including crop protection and nutrition, seed and seed treatment, and precision agriculture.
Ocean Park acted as exclusive financial advisor to J.B. Pearl on the transaction. Financial terms of the transaction were not disclosed.
“Ocean Park was instrumental in us reaching this successful outcome,” said Doyle Pearl, J.B. Pearl CEO. “Their transaction expertise provided tremendous value to finding a good home for the Company and our employees.”
“This transaction furthers our commitment as a trusted advisor in ag retail and in the overall ag supply chain industry,” said Bruce Comer, an Ocean Park managing director. “We are pleased to contribute to this important transaction for J.B. Pearl, the Pearl family and the employees.”
