Arable Capital Partners Acquires Universal Irrigation & Supply: Greg Richards, Derek Yurosek, and Jeremy Yurosek Comment
BELLEVUE, WA & BAKERSFIELD, CA - Impressed by Universal Irrigation & Supply’s management team, ability to anticipate customer needs, and optimize overall satisfaction, Arable Capital Partners recently announced it is acquiring the company.
A full-service irrigation and supply company, Universal has built its reputation on excellent design and services that has served permanent crop customers in one of the U.S.’s largest agricultural regions for over a decade.
“We realized from the very early stages that working with the Arable team was going to be a good fit. We are all excited to bring the best industry talent and expertise under one umbrella. This will give us the ability to offer our customers a level of service unsurpassed in the industry,” said Jeremy Yurosek, who has partnered with Arable and will continue to operate as President.
Arable said in a press release that Jeremy will build upon the strong legacy his family has created as Universal will be merged with Hydratec and Lodi Pump & Irrigation, both Arable portfolio companies, further expanding the geographical reach of the companies.
“Jeremy and his team have created a reputation of providing consistent, high-quality service and innovative product lines that support each customer’s crop needs,” said Derek Yurosek, Managing Director of Arable Capital Partners.
With over 100 years of combined industry experience, Arable said the team at Universal gives the family-owned company a competitive edge. The combination of Universal, Hydratec, Lodi Pump & Irrigation will allow all three companies to better serve the market with expanded operations, and product offerings.
“The Universal leadership, experience and customer-first philosophy blends perfectly with Hydratec, Lodi Pump & Irrigation and the irrigation platform Arable has invested in,” said Greg Richards, Managing Director of Arable Capital Partners.
AndNowUKnow will continue to report and this and other expanding companies operating and serving the fresh produce industry.