Ever.Ag, a Leading Provider of Supply Chain Software and InsureTech for the Agricultural Industry, Welcomes Mike Sargent as President
San Francisco, CA — April 14, 2023 Renovata & Company is pleased to announce the placement of Mike Sargent as president of Ever.Ag, a leading provider of supply chain software and insurance/commodity risk management services for the agriculture industry.
Backed by Banneker Partners, Ever.Ag provides agriculture technology (AgTech) solutions and services for large food and beverage businesses in consumer packaged goods (CPG). Offerings include technology, risk management and market-intelligence solution sets for dairy, livestock, crops and agribusiness customers. These tools and insights create more efficiency and sustainability and can be used strategically across every stage of the supply chain.
“I am very excited to join the Ever.Ag team at this pivotal point in the company’s evolution,” Sargent says. “The agriculture sector faces a unique set of challenges, and Ever.Ag has led the industry in assembling a truly unparalleled set of technology and financial service capabilities. I look forward to working with the team to take Ever.Ag to the next level.”
Banneker Partners originally acquired Dairy.com and then acquired Ever.Ag and EFC Systems. The company now has a team of about 450 employees spread across seven locations worldwide, with headquarters in Frisco, Texas.
“Everyone sees the challenges we face in global supply chain and the spike in food prices,” says Simon Francis, Renovata & Company partner. “Ever.Ag is already one of the largest and most exciting independent AgTech players; it blends SaaS and recurring data services and has a scalable business model. Mike brings the operational skills and strategic acuity to lead Ever.Ag through its next chapters.”
Sargent brings a 30-year career spanning tier-1 strategy consulting and line-management roles at major independent software vendors (ISVs). For example, he was chief product officer at Computer Associates, where he reported directly to the chief executive officer. Sargent was also chief operating officer for a Thoma Bravo-backed portfolio company, and chief executive officer for a B2B technology provider owned by GI Partners.
About Renovata & Company
Renovata & Company is an executive search and private equity advisory platform, trusted by boards, financial sponsors and their portfolio companies. Our global platform delivers transformational leaders, high-performing teams, and valuable insights that drive superior business and investment outcomes. Renovata’s executive search activities are focused on high-impact, board-level mandates, including CEOs, CFOs, other C-suite executives and board directors. Zeren delivers broader talent solutions, supporting businesses as they build teams throughout the organization. With relationships across 60 leading private equity firms, we also provide specialized diligence and advisory services, including executive/operating advisors, diligence support, sector development and deal origination. We also make equity co-investments alongside our private equity clients through our investment affiliate, L Capital. With a heritage in software and technology-enabled services, Renovata & Company now serves digital-first companies in multiple industries across North America and Europe. www.renovata.com