Open Prairie Rural Opportunities Fund Records First Exit with Sale of Legacy Seed Companies News provided by Share this article Share this article EFFINGHAM, Ill., June 9, 2021 /PRNewswire/ -- The Open Prairie Rural Opportunities Fund, a growth-stage private equity fund dedicated to providing capital for agribusiness companies throughout rural America, proudly announces its first exit with the sale of Legacy Seed Companies. Open Prairie's initial investment in July 2018 facilitated the Legacy Seed Companies strategy for integration of regional seed companies with an emphasis on non-GMO and organic product lines. "The growth of Legacy Seed Companies is a compelling testament to the potential of rural American companies," stated Lee Strom, partner at Open Prairie. Strom went on to say, "Over the last three years, Open Prairie has worked with Legacy Seed Companies to successfully achieve operational efficiencies through implementation of new technology infrastructure, expansion of its geographic footprint within the upper Midwest and enhancement of its team with the addition of talent at all levels of the organization including Colin Steen as Chief Executive Officer. Leveraging its research and development capabilities, Legacy Seed Companies has also partnered with global leaders in the branded food and animal nutrition sectors to capitalize on demand trends for better quality, sustainability and transparency throughout the agricultural supply chain. These activities have resulted in market share gains and top-line revenue growth, positioning the company on a solid foundation for the future."