EFC Systems Acquires AgSolver
With its move to purchase Iowa-based AgSolver, Inc., EFC Systems, Inc. will develop a new Agronomic Planning and Sustainabilty division. The new division will be led by Dr. David Muth, who is the co-founder of AgSolver and senior vice president. Once the purchase is complete, Muth will serve as vice president of the new division.
"The AgSolver team is very excited to bring our technology, expertise and market presence to EFC Systems,” says Muth. “The integration of AgSolver’s precision business planning and sustainability assessment technologies with EFC Systems’ solutions will provide agricultural retailers with industry leading capability to support their farmer customers with profitable and sustainable management practices."
By adding AgSolver's technology and team of 12, EFC will significantly expand its efforts to help agricultural retailers and growers in planning as well as sustainability efforts. AgSolver's Ames, Iowa location will also enable EFC to expand its Merchant Ag and FieldAlytics client services team members.
“We are excited about this strategically important acquisition as it accelerates our presence in more sophisticated agronomic planning, capitalizing on our wide market access and making use of information from both our ERP (Enterprise Resource Planning) and precision solutions,” says Ernie Chappell, CEO and Founder of EFC Systems. “This beachhead in sustainability is important as we’re confident this will be core to the food and agriculture channel in the years ahead. It’s our vision that the grower migration to sustainable agriculture will involve and be promoted by the agricultural retailers.”
For nearly 30 years, EFC Systems, Inc. has been delivering technology solutions to agricultural retailers through ERP as well as Precision/Field Data Management. Their solutions support advanced farming practices and enable seamless data connectivity between growers and their trusted service providers. Headquartered in Brentwood, Tennessee, the company has clients in 47 states and Canada (through its related firm FieldAlytics Solutions Canada, Inc.). To learn more visit efcsystems.com.