Itafos

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Itafos - overview

Established

1999

Location

-, KY, US

Primary Industry

Agribusiness

About

Itafos specializes in the production of phosphate and specialty fertilizers, enhancing agricultural productivity and soil health for a diverse range of clients across global markets. Itafos, founded in 1999 in the US, focuses on producing phosphate fertilizers. The company received a PIPE investment of USD 34. 5 mn from J.


P. Morgan Asset Management, Pala Investments, and Zaff Capital on July 21, 2017, raising a total of USD 34. 5 mn. The current CEO is Mhamed Ibnabdeljalil.


Itafos Inc. specializes in the production of phosphate and specialty fertilizers, which are crucial for enhancing agricultural productivity and soil health. Their core product offerings include a range of phosphate fertilizers designed to support crop growth and improve yield quality. These products are utilized in various agricultural sectors, serving a diverse client base that includes farmers, agricultural retailers, and distributors.


The end users of Itafos's products are primarily involved in large-scale farming operations across multiple geographical markets, including North America, South America, and various regions in Europe and Asia. The company's commitment to providing value to its stakeholders is reflected in their continued investment in research and development, leading to innovative solutions that address the specific needs of their agricultural customers. Itafos generated revenue of USD 260. 19 mn in the most recent year, 2020, along with an EBITDA of USD 3.


33 mn. The company generates revenue through direct sales of its phosphate and specialty fertilizers to agricultural businesses and retailers. Transactions involve B2B sales, where the company partners with wholesalers and distributors who supply these products to end users such as farms and agricultural cooperatives. The pricing structure accommodates various customer segments, ensuring competitive pricing while maintaining product quality.


Flagship products are strategically positioned in the market to meet the demands of agriculture-focused enterprises. This direct engagement with customers and strategic partnerships facilitate consistent revenue streams, aligning with the company’s goal of fostering sustainable agricultural practices. Itafos is focused on expanding its product line and geographic reach. Recent funding from the July 2017 investment of USD 34.


5 mn will support the development of new phosphate-based products set to launch in the upcoming years. The company aims to penetrate additional markets in Asia and Europe by 2025, enhancing its presence in these regions as part of its growth strategy.


Current Investors

JP Morgan Asset Management, Pala Investments, Zaff Capital

Primary Industry

Agribusiness

Sub Industries

Crop Production, Agricultural Chemicals, Commodity Chemicals

Website

www.itafos.com

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Itafos - financials

Fiscal Year EndedDec 31, 2015Dec 31, 2016Dec 31, 2017Dec 31, 2018Dec 31, 2019Dec 31, 2020
Revenue (USD)------
% Revenue Growth (YoY)------
EBITDA (USD)(8,794,000)(83,446,000)(19,322,000)---
Operating Income (USD)(27,490,000)(101,718,000)(19,447,000)---
Operating Margin------
% EBITDA Margin------
NET Income (USD)(117,617,000)(100,668,000)(30,411,000)---
% Net Margin------

Itafos - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedConda Phosphate Operations-
PIPECompletedItafos-

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Itafos - employee data

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