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, Commodity Chemicals, Agricultural Chemicals
Website
www.itafos.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Itafos - financials
| Fiscal Year Ended | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Conda Phosphate Operations | - | ||||||||
| PIPE | Completed | Itafos | - |
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Itafos - employee data


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