PFG Holding Corporation has successfully secured the assets of Pro Farm Group, Inc. during a foreclosure auction held on January 20, 2026. The acquisition marks a significant move for PFG, which anticipates closing the transaction on February 18, 2026.
The decision to acquire Pro Farm follows the company’s commitment to maintaining stability for its employees and continuity in operations. According to PFG, day-to-day roles and employment status for Pro Farm’s staff are not expected to change following the acquisition. The new ownership plans to honor existing commercial contracts and operate the business as usual.
Noah Kolatch, Principal at Jasper Lake Ventures One LLC, which is the majority shareholder of PFG Holding Corporation, expressed enthusiasm about the acquisition. “We are excited to be the new owners of Pro Farm and to support the company as it enters a new chapter of continuity, stability, and growth,” he stated. Kolatch emphasized the importance of maintaining service levels for customers and being a reliable partner to suppliers.
PFG Holding Corporation is backed by a group of long-term investors with extensive experience in agriculture and specialty inputs. This ownership group is dedicated to providing the necessary stability and capital to support Pro Farm’s employees and customers while focusing on the company’s long-term growth. “Following the closing, the business is expected to have a simplified capital structure, and we intend to invest additional resources to support the team, ensure a smooth transition, and build on Pro Farm’s strong foundation,” Kolatch added.
Englewood Cliffs, New Jersey, serves as the base for PFG Holding Corporation, where the company aims to leverage its resources to enhance Pro Farm’s capabilities as a leader in biological solutions for growers on a global scale. The acquisition represents a pivotal opportunity for both organizations to align their goals and foster innovation in the agricultural sector.
As the transaction approaches its final stages, stakeholders await further developments on how this change in ownership will influence Pro Farm’s operations moving forward.
